The Kentucky Business One Stop is a new business outreach tool that provides faster, friendlier, more reliable, and cost effective services to business customers through one interactive portal. The ongoing goals for the Kentucky Business One Stop are to provide a streamlined framework for:
- Business registrations
- Acquiring or retaining licenses and permits
- Filing for business taxes
- Communication with multiple state agencies
Kentucky Business One Stop is a bipartisan, multiagency effort that relies on private sector cooperation and support. Through the successful passage of Senate Bill 8 by the General Assembly, the Kentucky Business One Stop was created as a unified point of entry for business owners to access state services and complete general requirements for operating a business in Kentucky. The legislation also requires recommendations to the General Assembly for both near and long term goals that would increase the effectiveness of state services used by the business community. By reviewing processes and interagency sharing of data, the Commonwealth can identify and potentially eliminate inefficiencies between agencies, lowering the cost of government for all citizens.
Small Business start-ups account for more than 70% of all new jobs, and facilitating new business creation is also an important part of economic development. Kentucky Business One Stop can streamline the way businesses interact with the Commonwealth by providing 24/7 centralized access and secure applications for registrations, payments, and communication to businesses.
Current Features of the Kentucky Business One Stop
- Provides a statewide clearinghouse of information for starting or maintaining a business in Kentucky.
- Allows new businesses to register with the Secretary of State and Department of Revenue through a single online application.
- Hosts a series of dynamic searches and guides for operational permits and licenses, local requirements, and general start-up requirements.
- Offers a number of interactive walkthroughs for planning a business, choosing a structure, and writing a business plan.
Kentucky Business One Stop final assessment