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Business formation in Kansas sets another record

andy lambertFebruary 20, 2014

 

Kansas Secretary of State Kris Kobach has released the second Annual Business Formation Report showing another record year in businesses formed statewide.  The report shows Kansas business filing trends over the past ten years.

 

From this data certain conclusions have been drawn with the assistance of Dr. Art Hall, Executive Director, Center for Applied Economics, University of Kansas School of Business.

 

1.  The Number of Business Entities Formed in 2013 Set Another All-time Record.

 

Kansas Secretary of State Kris Kobach

Kansas Secretary of State Kris Kobach

2.  The Upward Trend in Formations is Significant.

 

3.  Comparisons Before and After the Tax Law Change at January 1, 2013 Seem Stark.

 

“The fact that we saw two record years in business formations in Kansas is significant, Secretary Kobach remarked.  “This is not a one-year outlier; it is a meaningful trend.  Kansas is clearly becoming a great place to start a business.  Entrepreneurship is alive and well in the Sunflower State.”

 

Secretary Kobach also noted:  “Part of having such a strong rate of business formation is making it easy to form a business in Kansas.  I have made it a priority for my agency to make business formation as easy as possible.  These results indicate that we are succeeding in that regard.”

 

The full report is available on the News Releases page of the Kansas Secretary of State website www.sos.ks.gov.

 

Dr. Art Hall may be reached for questions at (785) 864-5134 or [email protected].

 

Press release via Kansas Secretary of State

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