Wichita State study: New Kansas businesses add few workers
麻豆传媒 News Services
New research shows that most new firms in Kansas since 2000 have only a few employees.
More entrepreneurs are starting "lifestyle" businesses, which are essentially designed to support the owner or a few employees.
The following is an excerpt from the April 28 issue of . about research from 麻豆传媒 Associate Professor of Entrepreneurship Chris Broberg.(Subscription may be required to view full story.)
Chris Broberg
One of the hidden reasons for Kansas鈥� slow growth in recent decades is the changing nature of start-up companies here, a 麻豆传媒 professor said Thursday.
Chris Broberg, associate professor of entrepreneurship, unveiled research at 麻豆传媒鈥檚 conference on the State of Entrepreneurship in the Regional Market, held at the Hyatt Regency Wichita.
He said his analysis showed that while the total number of firms in Kansas continues to rise, the average size of firms is getting smaller and the average number of people they employ is falling. The trend started in about 2000, he said.
More entrepreneurs are starting "lifestyle" businesses, which are essentially designed to support the owner or a few employees. They aren鈥檛 interested in or capable of expanding these businesses rapidly.
