As a business owner, the Kentucky Business One Stop Portal is something that you want to become very familiar with. The Kentucky Business One Stop Portal is "an easy-to-use environment where Kentucky's businesses can find the requirements and tools they need to own and operate a business in Kentucky (OneStop.ky.gov)." The whole purpose of One Stop is to provide a user friendly tool that streamlines many processes to promote economic wealth in Kentucky. Kentucky is 1 of 11 states that have an online portal such as this.
It was created in 2011 by the Secretary of State, Alison Lundergan Grimes, as a partnership with the Office of the Secretary of State, the Finance and Administration Cabinet, and the Cabinet for Economic Development and the Commonwealth Office of Technology.
So, what is the point of this? What can you, as a business owner, gain from this online portal? If I had to sum it up in a few bullet points, One Stop allows you to:
Register your business for cheap (including an LLC, S-Corps, Partnerships, etc.)
Acquire and renew business licenses and permits (including the Sales and Use Tax number)
Register and file Kentucky business taxes
There are many other features, small and big, that will make your life as a business owner easier. It is not perfect, but it is a big step toward streamlining processes that used to tie up hours for business owners. Creating an account is free, and I would encourage everyone to get a One Stop account and see what benefit it could provide for your business.