Kentucky State Small Business Services and Resources

How to tap a wealth of helpful state and regional-level solutions

By Mark Ingebretsen, Creative Project Manager, Stonehand Publishing

If you are looking to start or expand a business in Kentucky, or just need help solving a problem specific to this state or region, there are a wide range of resources — both government and private — available to help.

While many nationally focused resources offer helpful solutions, some issues are better addressed at the state or local level. Answers to licensing, zoning, sales tax, incorporation, economic development issues and a wide range of other matters often reside at the state level. Ironically, however, finding the right resources closer to home can often be even more difficult, as solutions live in many different places.

Cover your bases by seeking solutions in these places:

State government agencies, such as the commerce department, economic development office, secretary of state's office or other business-related state agencies.
State and local offices of federal agency programs, such as the U.S. Small Business Administration (SBA) office in your area.
Small business assistance programs offered through local universities and community colleges that are backed by state and federal resources. These include Small Business Development Centers (SBDCs) and SCORE offices.
Private, non-profit and special-interest industry and business organizations that provide a range of services, networking opportunities and even funding options for small businesses.

Begin with the Secretary of State's Office

The Kentucky Secretary of State Web site serves as a gateway for information on business registration, licensing, regulations and other matters.
Try: You can access the proper forms for filing a business at Kentucky's Business Services Web site.

Tap the Small Business Development Center for free services

The state of Kentucky's SBDC network pairs experienced business analysts with small business owners to assist with counseling, training and advice on all aspects of running a successful company.
Try: Access Kentucky's SBDC Web site to find offices throughout the state.

Consult with the Small Business Administration for financial assistance

Kentucky has a SBA district office in Louisville. The site offers information on loan and assistance programs, outreach efforts and initiatives to aid small businesses.
Try: Kentucky's SBA site contains a list of financial and other SBA services.

Check out chambers of commerce for local support

If you've chosen a business site, or need more background on an area, the local chamber of commerce can provide firsthand insight into the state's business climate.
Try: Access the Kentucky Chamber of Commerce's services at Kychamber.com. Find a local Chamber of Commerce or other business advocacy organization throughout Kentucky and elsewhere at ChamberofCommerce.com's Resource Directory.

Take advantage of Kentucky's economic development incentives

Kentucky offers low utility costs and high-quality recreational opportunities that have helped lure new companies. The Small Business Services Division of the state's Cabinet for Economic Development provides counseling and help with securing funding for new companies.
Try: Go to the Kentucky Cabinet for Economic Development Small Business Support Web page to investigate the state's assistance programs. Get details on the state's tax structure from the Kentucky Department of Revenue.

Research Kentucky's economic conditions

Get the fine-print details needed to help your business succeed by searching out information on population, quality of life, housing costs and other issues that factor into the cost of doing business in Kentucky.
Try: Explore the economic and demographic information at Thinkkentucky.com and its Helpful Links Page.

Discover what small businesses need to know

Kentucky's diverse media monitor business activities throughout the state.
Try: Tune in to the SBA's work in the state with the agency's free Kentucky Newsletter (scroll down after linking). Access Kentucky newspapers' Web sites using the links at the Internet Public Library. Also check out the Lane Report, Kentucky's state business publication.

Many types of businesses require state, city or county licenses and permits. State offices listed above will spell out any specific requirements for your industry.
Small Business Development Centers (SBDCs) are an often-overlooked but terrific place to obtain free or low-cost advice and information, including training seminars and technology resources that are nearby.
Locally based SBDC consultants can advise you individually on how to write a business plan, market your products and services, find financial resources and other valuable information.
The regional SBA office can plug you into loan and assistance programs, seminars and other initiatives to aid small businesses.
Linking up with a local SCORE counselor is a great way to learn from an experienced individual about state-specific solutions.