BEST CITIES TO START A BUSINESS IN KANSAS
Kansas is traditionally known as one of the leading states in agricultural output; miles of corn and soybean leading out from highways and stretching into the horizon, but there are facets to its economy of interest to entrepreneurs.
Many large corporations base themselves in Kansa, including Garmin, Sprint and Tyson foods. Additionally, Kansas is a hub for the aeronautical industry: Cessna, Spirit Airlines, Learjet and more have manufacturing plants in the state. These large companies maintain thousands of jobs in Kansas for employees of all education levels and also present contracting opportunities for entrepreneurs.
In 2013, Governor Sam Brownback initiated what he called “the largest tax cut” in state history, slashing taxes across the board and creating corporate tax loopholes in hopes of drawing more big business into the state. While the effects of this sweeping tax cut are controversial, it has created a business ecosystem with a very low tax burden.
Significantly, through Brownback’s reforms, small business owners are now completely exempt from paying state income tax. Considering the high state income tax rates of other states, this can mean thousands of dollars a year that a business owner keeps in pocket, providing great incentive to start a business in Kansas.
Only cities with over 50,000 inhabitants are reported in the results. Some data had to be interpolated to the county level and extrapolated to all the cities in the county. We concentrated on the following metrics to obtain our ranking: Cost of living, Best state for business, Unemployment, Kauffman index, and Universities.
ABOUT HOW TO START AN LLC
I'm an entrepreneur myself. When talking to others who want to start their own business, they often get wrapped up in the nitty gritty of paperwork and forming the company. They forget that what really matters is customers, sales, and profit. That's why I created How to Start an LLC.org: a simple resource and guide so you can spend less time on forming your company, and more time on building it.
My lawyers want me to remind you that I'm not a lawyer and that I'm completely unqualified to offer legal advice. This site is meant to serve as a reference for you on your journey. If you have questions or concerns, please contact a qualified lawyer (or accountant) to help you. Also, as a general rule, never take random legal advice on the internet.