New business filings are classified as entities that have filed the appropriate forms with the Kansas Secretary of State that declare the formation of a new business unit. This includes for-profit, non-profit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships. It does not include entities operating as a sole proprietorship or a “doing business as” (DBA). While recognizing these numbers can’t provide a complete picture of Kansas’s economic climate, they are an important indicator of economic activity
Between 2010 and 2017, there was an average of 15,723 new business entities established in Kansas each year. The number of filings was over 16,000 in 2010 and 2011 and have been below that level over the past five years, with significant declines in the number of filings in 2012 and 2013.
Read the full analysis here.