STEP-BY-STEP GUIDE TO START YOUR BUSINESS IN JEFFERSONTOWN
1. Conduct Market Research
Conducting market research to learn about the potential customers and what potential lies in the area where you’re wanting to establish your business. All of your market research can be conducted online.
- Demographic Information for Jeffersontown. Select Demographics, Change location to ‘Jeffersontown’- selectkentucky.com
- United States Census: U.S. Census Bureau QuickFacts: Jeffersontown city, Kentucky
- Consumer Spending Report: https://www.bea.gov/data/consumer-spending/main
2. Write Your Business Plan
Business Plans are the foundation for your business. They are important not only in the planning process but also when it comes to securing funding and investors.
- Information About Business Plans: Write your business plan | U.S. Small Business Administration (sba.gov)
- Why you need a business plan: Business Plan – Kentucky SBDC
- More information about business plans: How To Write A Business Plan (2024 Guide) – Forbes Advisor
Websites to help you write a business plan:
3. Pick Your Business Location
How do I obtain a plot plan for a property? (jeffersontownky.com)
- The source for a plot plan is from a Kentucky licensed surveyor. You may check the material supplied when you purchased the property for this information. If not, you may contact a surveyor to have a plot drawn.
- Another source may be the Jefferson County Clerk’s office at (502) 574-5700. The information from the County Clerk will only show the dimension of the lot and any easements. This information may OR may not be adequate.
Information on Zoning: Business & Residential | Jeffersontown, KY – Official Website (jeffersontownky.com)
4. Fund Your Business
Secure funds by taking out a business loan from a bank or credit union of your choice, finding investors, or applying for crowd funding.
- Fund your business | U.S. Small Business Administration (sba.gov)
- Get help from the SBDC: Small Business Financial Analysis – Kentucky SBDC
5. Choose a Name & Business Structure
- You can choose to be a Sole Proprietorship, Partnership, Limited Liability Company, or a corporation.
- Choose a Name and Structure – Kentucky Business One Stop
- Here are the differences between each structure: Choose a business structure | U.S. Small Business Administration (sba.gov)
6. Register Your Business
Register with the Kentucky Department of Revenue: Click HERE to register your Business
7. Apply for an Employer Identification Number (EIN)
- Fax: (859) 669-5760
- Phone: (966) 816-2065
8. Apply for Licenses & Permits
Information about Registering for a Business License in Jeffersontown: CLICK HERE
Link to Business License registration form: CLICK HERE