Start a Business in Bardstown, KY: When it comes to starting a business, entrepreneurs must look for the place with the most potential. Whether a corporation, sole proprietorship, partnership, or LLC, having a business in Bardstown, KY, is a plus for any entrepreneur. In general, setting up any form of business in Kentucky, US, is the initial step to building an international brand.
Entrepreneurs across the globe are interested in starting and expanding their businesses in Bardstown, KY. With an urban population of 13169 (estimate), the city has a lot to offer to all emerging entrepreneurs. The main reason for this is the economic environment and flexibility of the business structure in Kentucky. Like most places in the US, Bardstown, KY also offers business structures for all types of entrepreneurs; no matter what business you want to do, there’s a perfect solution for you. If you want to start limited liability company (LLC) or a corporation, or a sole proprietorship, Bardstown, KY has a proper business environment for all.
In this article, you will read about how to start a business in Bardstown and why you should choose Bardstown to start and run your business. We recommend you check below the important facts about Bardstown, KY; these might help you.
On this page, you’ll learn about the following:
- Bardstown, KY Household Income Statistics
- Bardstown, KY Education & Labor force Facts
- Bardstown, KY Demographics
- How to Start a Business in Bardstown, KY
- Other Things to do After Starting Your Business
- Important Bardstown Stats for Starting a Business
- Reasons to Start a Business in Bardstown
- FAQ About Bardstown, KY
Bardstown, KY Household Income Statistics
|Bardstown Median household income
|Bardstown households with dual income earners
|Bardstown households $150K+ Income
|Bardstown households $100K+ Income
|Bardstown households $100-150K Income
|Bardstown households $75-100K+ Income
|Bardstown households $50-75K+ Income
|Bardstown households $35-50K+ Income
|Bardstown households $25-35K+ Income
Bardstown, KY Education & Labor force Facts
|Bardstown residents with a bachelor’s degree (or equivalent)
|Bardstown residents with at least a 4-year degree
|Bardstown residents with a graduate degree
|Bardstown residents with a high school diploma but no more
|Bardstown residents with less than high school education
|Bardstown residents with some college but no more
|Bardstown residents with a Bachelor’s degree or higher (STEM fields)
|Bardstown households that own (rather than rent) their residence
|Bardstown residents 16 and older in the labor force
|Bardstown residents unemployed
Bardstown, KY Demographics
|Bardstown residents aged 0-9
|Bardstown residents aged 10-19
|Bardstown residents aged 20-29
|Bardstown residents aged 30-39
|Bardstown residents aged 40-49
|Bardstown residents aged 50-59
|Bardstown residents aged 60-69
|Bardstown residents aged 70-79
|Bardstown residents aged over 80
|The average size of resident families in Bardstown, KY
|Estimated population per square kilometer in Bardstown, KY
|Bardstown, KY urban population (estimate)
|Bardstown, KY municipal population (estimate)
Now that you know what makes Bardstown of Kentucky good for business, let’s get started with the exact steps on how to start a business in Bardstown.
How to Start a Business in Bardstown, KY
Starting a business in Bardstown, KY, needs planning, financial decisions, legal procedures, and a handful of other things. Be it a corporation, sole proprietorship, partnership, or LLC in Kentucky, you must go through the following steps. These steps are general steps. They are subject to change depending on the structure of your business.Generally, starting a Limited Liability Company is easy to form. Read our guide on how to start an LLC before you start your own business. Here are the steps to set up your business in Bardstown.
Step 0: Decide on What Business to Start
This is the first thing you work on, the type of business you want to start in Bardstown. Depending on that, you need to make your business plan. Apart from the legal documentation and process, you must include the following points in your business plan,
- Through market research on demand trend
- Complete Budget plan – funding your business. If you’re planning to start an LLC, then take a look at the cost of LLC
- What competitors are doing
- SWOT Analysis – check what your Strengths, Weaknesses, Opportunities, and Threats are
- Your targeted buyers
Once you have the entire plan with you, you can continue working on the legal structure of your business. LLCBuddy will guide you through the legal process of forming an LLC for your business. It’s very likely that you have already done this step 0, so that we won’t go deep into this step, let’s move to step 1.
Step 1: Choose Your Business Structure
The very first step after you decide on what type of business you want to start is to choose what type of business structure you want to form. You can form an LLC, a sole proprietorship, a corporation, or a partnership. Each type of structure has different rules and regulations. For example, if you want to start a Kentucky LLC, there are different types of tax and fee structures. An LLC formation is similar to forming a sole proprietorship. On the other hand, forming a corporation is much more complicated. The tax and fee structure is completely different in corporation formation.
Step 2: Name Your Business
The next step in forming a business is to give it an appropriate name. Having a business name is not so easy task. You cannot pick a random name for your company. One has to follow proper naming guidelines before they name their company. Besides, before you settle a name, you must check if the name you are looking for is available to use. You can visit the official government site of Kentucky to do the Kentucky LLC name search before you pick the available name. Below are some of the naming rules you need to follow,
- You cannot name your business that has words or phrases like Bank, University, Government, or anything that can confuse people with a government sector.
- If you are forming an LLC in Kentucky, then you must include words like “LLC,” “LC,” “LLC,” “Liability Company,” and “L.L.C.” If it is an LLP, then you must include “LLP” in your business name.
- The name should reflect the nature of your business. Any name that can confuse people should not be picked.
- You can check if the name of your company is available. Through the business name search process, you can search if the desired name is available for use or not.
- You can reserve your business name for a certain time before you form your business in Bardstown, KY by filing a name reservation application.
The above-mentioned points are basic naming rules that all businesses have to follow while naming their company. As mentioned above, these rules are subjected to change depending on the structure of the business.
Step 3: Get a Registered Agent
A Registered Agent is a person who receives all types of legal and official documents on behalf of the business. Whether a suit against your company or formation-related documents from the state, a Kentucky LLC Registered Agent is responsible for receiving these documents at his/her official address. In general, anyone who has the right to conduct business in Bardstown can be a registered agent. However, there are some requirements to becoming a registered agent.
- The person has to be 18+ years of age.
- Must be a citizen of the Kentucky
- Must have a physical street address in the Kentucky
- Must have legal rights to conduct business in the Kentucky
Anyone who fulfills the requirements can be a registered agent. Also, anyone from the company, your spouse, any relative, or yourself can be a registered agent. But, it is recommended that you hire a professional registered agent to look after your documentation. You can choose from the best LLC services that also offer registered agent for LLCs.
Step 4: Register Your Business
The next step is to register your business under the Secretary of State, Kentucky. The Articles of Organization (or certificate of incorporation) of your company should be submitted online, by mail, in person, or by fax to the Kentucky SOS. You need to pay the state filing fee either by Credit Card or by check to the SOS while registering your business in the Bardstown, KY. Your Kentucky LLC articles of organization should have the following details about your business
- Company/Business name, address
- Registered Agent Name, address
- Member-managed or manager-managed (in case of LLC)
- Type of business
Depending on the type of business structure, you may have to add some more information to the formation document.
Step 5: Write the Operating Agreement
An operating agreement is a document that has all the structural information of your business. In most states, it is not mandatory to create an operating agreement. However, it is highly recommended to have one as an internal document. This document records information such as,
- About Business
- Members and management
- Capital contribution
- Profit Distribution
- Change of membership
In future, if any member wants to leave the company or you want to dissolve the business, then the Kentucky operating agreement has everything recorded, from clauses to contributions.
Step 6: Obtain EIN
EIN or Employer Identification Number is required to file taxes, open a business bank account, and if your business has employees. EIN can be obtained from IRS. It is a 9-digit number similar to Social Security Number. However, EIN is different from SSN. It is solely used for business purposes, especially for general tax filing. You have to fill out the form and submit it to the IRS website. It does not cost you anything to obtain EIN.
Step 7: Get Business Bank Accounts
Once you obtain the EIN for your business, you are free to open a business account in the US. Having a US business bank account can ease your business transactions in Bardstown, KY. It increases your business credibility and liquidity. It will also be helpful for business loans.
Step 8: Create Your Business Website
Business websites are as important as your business structure. It is necessary to have a catchy business website with all the information regarding your company. Along with the website, you need some more things. Things such as logos, business cards, business emails, domain names, and social media accounts are needed to promote your business. You can hire a professional business service to get all of these services under one roof.
Other Things to do After Starting Your Business
- Once your company is set in the Bardstown, Kentucky, you need to file your taxes and apply for licenses (if needed).
- Apart from the license and permits, you need to get insurance for your business. Such as General Liability Insurance, Professional Liability Insurance, and Workers’ Compensation Insurance are some of the insurances you need to get if you are about to start an LLC.
Important Bardstown Stats for Starting a Business
Before you start a business in Bardstown, it is required that you know some facts about the city. Following are some of the stats to consider before starting a business.
Education & Employment
Bardstown has a diverse population that comes from various educational backgrounds. There are students who haven’t finished their high-school education, whereas there are people who are more than just college graduates. Check the table (Education & Labor Force) for detailed data. From the data, it is clear that the city has enough educated and skilled people who can contribute to the labor force.
As we talk about the urban population density, the young population percentage in the city is approximately 15.1 (people in their 20s) and 12.8 (people in their 30s). This means that having any business that is new and tech-based might be profitable. The median age of the population in the city is 34.3. On the contrary, if anyone wants to start a business that is related to any old-age service, such as caregiver, primary old-age support, or something of a similar sort, then Bardstown has approximately 4.1 (people in their 80s and above) percent of old people. Check out the table (Demography) above for more information.
Another important factor to mention about Bardstown is the home value of owned properties. The average value of owned houses is 133970. Also, the percentage of people living in their own houses is 57.7. This reflects the real estate market of the city. For a metropolitan city, this is a considerable number.
It is inevitable that living in a big city is different from living in a town or a comparatively smaller city. It directly affects lifestyle and health. It is obvious that having health insurance is important, no matter which city or region you are residing in. But there are people in Bardstown who still do not have health insurance. The rate of people not having health insurance is 8.5. This depicts the lifestyle and overall health demography of Bardstown. As you plan to start your business in this city, you must consider this stat as well.
Income & Lifestyle
The income pattern of the people in this city is given in the table (Income) above. In Bardstown, a part of the population has a dual family income that reflects a better standard of living. As in, people have more than one source of income. The table above shows the income percentage of various slabs.
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Reasons to Start a Business in Bardstown
Bardstown offers a bunch of business-friendly services for entrepreneurs. A proper business environment, skilled labor, tax advances, deductions, and much more are awaiting if you are interested in starting your business in Bardstown. Here are some of the reasons,
Stable Economic Growth
Bardstown or any other city in Kentucky has stable economic growth and an environment that helps any business to grow successfully. The economic structure of Kentucky shows not only balanced but also a sustainable condition of economic growth, which in turn triggers the businesses to flourish in the state.
Minimize Personal Liabilities of the Entrepreneur
If you’re considering starting an LLC in Bardstown, then it will be your best choice. An LLC protects your personal assets and minimizes your personal liabilities. This is one of the many reasons why having an LLC in Bardstown is a wise choice. Also, if you are opting for an LLC, the tax deductions will be more than having a corporation.
Federal and State Tax Relaxation
There is a series of federal taxes that an entrepreneur has to pay when operating a business in the US. Depending on the state your company is located in, the state taxes are being imposed. For an LLC, both of these taxes are much lower compared to other business structures. Along with tax impositions, some tax deductions (state-wise) lower the filing fees and other government charges. Check out the Kentucky LLC tax structure to know more about the tax structures for LLCs in the state.
Government Incentives for Entrepreneurs
Federal and state governments in the US ensure that entrepreneurs get a proper business environment in the state or city they are operating their business. The government provides a few incentives to the business holders in Kentucky or any other state. That means if you are operating any business in Bardstown, then Kentucky State will provide an incentive for creating jobs, contributing to the state’s GDP, and/or balancing the state’s tax structure.
Low Corporate and Other Business Taxes
Corporations and other business structures (except for an LLC) are liable to pay a corporate tax in Kentucky. Also, there is a Sales Tax that all businesses, including LLCs, have to pay. However, the rate of taxes is very low. Besides, as the businesses receive incentives, the tax burden gets lower.
Skilled Labour & Quality Manpower
In Bardstown, it is easy to hire employees for your business. They are not only skilled but also well-educated to help your business grow. As mentioned above, the 63.1 is the percentage of labour participation. Hence, it is clear that having a business in Bardstown will make a lot of difference to the existing labor force.
Demand for New Market and Industry
In Bardstown, Kentucky, there is an uprising demand for new industries and new markets. Entrepreneurs who are willing to start a business in any of the cities of any state are given enough opportunities to stay in business. Business licensing, tax deductions, incentives, and relaxation of business taxes are some of the benefits that encourage start-ups and budding entrepreneurs to start their own businesses in Bardstown.
If we follow the US Data, the median value of commute time for the residents to their work is approximately 22. If you are starting a business here, you must keep in mind that commutation can be a point to consider.
Intellectual Property Protection
The US government receives roughly more than 1 million applications for IPR every year. The federal government makes sure that there is no infringement of any patent or property rights. It does not matter which city in which state you are running your business. The rule of Intellectual Property Protection is the same for all. If you have a foreign business in the US, then you might get more benefits under the IPR act.
Bardstown (aka ) is ranked at 3 in terms of importance. Apart from the above mentioned reasons, there are some other benefits that businesses enjoy in Bardstown. For example, technological advancement, a stable political environment, renewable resources, sustainable non-renewable resources, and some more benefits make things easier for entrepreneurs to start and run their businesses. According to US Data, the percentage of young people in Bardstown is 12.8. Hence, it would be great to start a business that is related to tech here as you might get a good number of clients.
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When Should You Start Business In Bardstown Kentucky
Whether you are starting a business or re-inventing an old one, the Bardstown, Kentucky area offers a number of opportunities to get your foot in the door. Aside from the usual suspects, like a local bank and insurance provider, you can find a wealth of educational opportunities. Whether you are looking to learn about the history of bourbon or the art of whiskey distillation, there are numerous museums and historic sites to visit. In addition, the Kentucky Derby takes place in Louisville each year.
One of the newest and best things to do in Bardstown is to take a trip to the Oscar Getz Museum of Whiskey History. You can also check out the Louisville Slugger Museum and Factory, which features a plethora of baseball bats to choose from. During the autumn months, you can also make a trip to Bardstown’s largest and most festive outdoor market. This event, which benefits the Bardstown Main Street Program, features a host of activities, including live music performances and tasty snacks.
The Kentucky Bourbon Festival, which takes place every September, is also a great way to find out what’s in vogue in the bourbon-making business. The event features an outdoor market, a variety of live entertainment and tasty snacks, and a plethora of bourbon-centric products to sample. There are even a few places in Bardstown where you can sample a sample of bourbon.
Another interesting fact about Bardstown is that it is home to the RJ Corman Railroad Company, which provides freight service to local industries. In 1987, the company bought the Bardstown branch of the railroad from CSX Transportation. Having a large railroad station in Bardstown gives the city a distinct advantage over other small towns that have to make do with smaller railroads. The RJ Corman Railway Company is also responsible for the Dinner Train, an innovative way to travel from one end of the city to the other.
The Crocus Learning Center in Bardstown, Kentucky, offers a variety of center-based educational day care programs, preparing the early-adopting student for success in school and in life. The center, which is open year-round, also boasts the impressive tall tale of its own, namely the state’s largest hulking mural. The mural’s oversized size and opulent design were inspired by the state’s most famous painting, the “State Capitol of Kentucky.”
The Kentucky Bourbon Festival is one of many things to do in Bardstown. Other notable events include the annual Oktoberfest, which takes place in October and features live music performances and a variety of food and beverage options.
FAQ About Bardstown, KY
Find the location that is perfect for your work or company while you’re trying to decide where to live in Bardstown, KY. You may choose your neighborhood in Bardstown, KY based on the clients your firm is trying to attract.
Bardstown, KY, is home to more than a thousand small enterprises and more than a million residents. A food truck company is one of the most well-liked small companies in Bardstown, KY. Additionally, there are local garage sales and home-based bakeries.
In all honesty, no city, including Bardstown, KY, has a company that can run itself. It takes work to manage a company, no matter what kind. You could have some spare time in Bardstown, KY, if you establish a small company in a close-knit community.
Obtaining an LLC in Bardstown, KY is not as costly as many people believe. A Bardstown LLC registration costs as low as $40 if you already have a name. Using a DBA or other fictitious name, you may also form an LLC in Bardstown.
If you’re self-employed in Bardstown, KY, you’re not necessarily required to get a license. For information on the laws governing self-employment and home-based firms, contact the Bardstown authorities. Depending on the kind of company.
There are many ways to make money from home in Bardstown, KY. One of the most popular is to sell items online. This is a great way to make money from home in Bardstown, KY. You could also make money from home in Bardstown, KY by selling your own products.
The world is filled with unicorns. Of course there are a lot of unicorns in Bardstown, KY. There may be more than ten unicorns in Bardstown, but not all of them are equally well-liked.
Choosing to rent or purchase a home in Bardstown, KY requires careful consideration of a number of criteria. Costs associated with both are the most crucial factor to take into account. It’s advisable to do market research and consult with an agent before making a choice if you need to establish a company.
You may simply generate money by selling your goods or services if your LLC is registered in Bardstown, KY. Find prospective buyers and advertise your LLC to attract additional customers from throughout the state or the nation.
What Bardstown, KY is most known for is a little tough to pinpoint. In addition to tourist attractions, scenic beauty, art, culture, diversity, and, of course, a thriving economy, Bardstown is a well-liked city. In this metropolis, there is plenty to discover.
Creating an LLC on your own is possible if you reside in Bardstown, KY. The application must be completed online at the Secretary of State’s website. As well as the information for the registered agent, including your name, address, and the kind of LLC.
The easiest business in Bardstown, KY is a food truck business. The food business is the one that is most popular and most common in KY. You can get a truck on rent or buy it and get started. Fast food business is the easiest to start in Bardstown, KY.
It depends on the type of business you want to start. In Bardstown, KY, there might be government fees, license fees, and some other state taxes that you must be paid to start your business in the Bardstown, KY.
Bardstown is a fantastic location. Bardstown, KY, offers several chances for small enterprises. As a consultant, independent writer, or social media expert, you may launch a company. In Bardstown, you may also start a company as a baker, a personal trainer, or a dog walker.
Bardstown, KY, is undoubtedly among the top cities in the nation for starting a business, which should come as no surprise. There are over a thousand businesses in the area, and Bardstown’s digital industry is flourishing, supporting over 100,000 employment. A great place to live is Bardstown.
As long as it is kept up with, an LLC in Bardstown, KY, may endure forever. In order to renew your LLC on time, you must send your yearly (Franchise) report to the Kentucky Secretary of State.
You must pay self-employment tax in addition to income tax if you have an LLC in Bardstown, KY. Additionally, LLCs are required to pay filing costs that are higher than those for sole proprietorships. Operating an LLC is more challenging than a single proprietorship.
With your LLC in Bardstown, KY, you have a lot of options. It is a corporate form that significantly reduces your financial outlay (as it has fewer tax burdens). From your LLC in Bardstown, KY, you may simply generate some decent money.
Here are some original business ideas for Bardstown, KY entrepreneurs. You may start by selling handcrafted home décor, DIY items, hygiene goods, etc. online. In addition, you may consider starting a dog-walking or pet-sitting service.
Making money more quickly in Bardstown, KY, requires some time. The time it takes to turn a profit is at least a few months if you want to start a company in Bardstown. You may earn more money from your company in Bardstown, KY, after it’s established.
Whether relocating to Bardstown, KY, is a smart move or not is a little tough to determine. You have the discretion to make a choice based on the kind of business you are doing. If you’re an aspiring entrepreneur looking to launch your own business, Bardstown presents amazing chances.
Taking certain measures may be necessary if you own a small company in Bardstown, KY. Depending on how large your team is, there may also be policies on the employee code of conduct, health and safety, vacation time, and attendance.
Bardstown, KY is a well-liked city for a variety of reasons. Bardstown boasts a vibrant art and cultural scene despite being a commercial metropolis. In addition, the city’s economy has become very strong in recent years. It is gaining recognition as one of the top places for entrepreneurs.
Bardstown, KY, is a well-known city. Its economy is flourishing, and its population is expanding. Starting a company is thus lucrative in the long term. On any of the major roadways in Bardstown, KY, you may open a restaurant or a food company to become a wealthy entrepreneur.
You must complete an application form and submit it for approval if you want to create an LLC in Bardstown, KY. Include the name of your LLC, the name of the registered agent, the registered agent’s address, and the name of the registered agent’s postal address.
The first thing you need to do is find the best funding source for your idea. If you want to raise money in Bardstown, KY, you should start by looking for angel investors. If you want to get funding from a bank, you should look for a small business loan.
If you want to launch your company in Bardstown, KY, you must file a “Doing Business As” or DBA document. Bardstown, KY charges $46 for the DBA filing process. For Kentucky LLCs, use this sum.
The most profitable small enterprises in Bardstown, KY, include consultancies, small construction companies, and real estate agents. These are Bardstown, KY’s most well-liked and successful small companies. You may use these ideas if you want to start a small company.
The economy of Bardstown, KY, is expanding quickly. The city’s businesses and startups are to blame for this. In Bardstown, they have a significant economic impact. Businesses are expanding throughout the city. As a result, its growth is greater than that of other cities.
It depends on what type of business you have in Bardstown, KY. If you have an LLC, then you need to pay income tax on the basis of your personal income. There is no business income for LLC in Bardstown, KY.
Depending on the sort of company, Bardstown, KY’s startup costs may vary. A charge must be paid in order to register your company as an LLC. You also need to apply for a tax ID number and a business license.
Bardstown, KY is a fantastic location to start a company with $1,000. It offers several chances and tools to support your development. Starting a cleaning business is one concept. You’ll be able to do this and earn money while cleaning houses.
Bardstown, KY’s robust economy is the key factor in its wealth. For aspiring company owners looking to launch their venture in Bardstown, the city has a lot to offer. As a result, they will stand out more on the economic map.
For those who wish to purchase somewhat unique clothing and footwear, you may create a shop in Bardstown, KY. You may market handcrafted, original clothing and footwear manufactured by independent designers. The shop may also have a small café.
A Limited Liability Company (LLC) in Bardstown, KY is a business structure similar to a sole proprietorship. However, it is more than just a sole proprietorship. An LLC is an amalgamation of a Partnership and a Sole Proprietorship. It has pass-through taxation.
How Fast Can You Start Business in Bardstown, KY
First and foremost, Bardstown offers a friendly and supportive environment for budding entrepreneurs. Just take a stroll down the delightful main street, and you’ll be greeted by smiling faces and warm welcomes from local residents and business owners alike. The tight-knit community fosters an atmosphere of cooperation and collaboration, making it easier for aspiring entrepreneurs to find assistance and guidance on their entrepreneurial journey.
Moreover, the local authorities in Bardstown are committed to making the process of starting a business as seamless as possible. Whether it’s obtaining the necessary licenses and permits or navigating the labyrinth of paperwork, the town officials are known for their efficiency and dedication to helping entrepreneurs overcome any bureaucratic hurdles. Their friendly approach ensures that you won’t get lost in a sea of red tape, saving you time and frustration.
The availability of resources and networking opportunities is also a significant factor in how quickly you can get your business off the ground in Bardstown. The town boasts an active Chamber of Commerce, which serves as a hub for entrepreneurs to connect, collaborate, and share ideas. Through Chamber events, workshops, and networking mixers, aspiring business owners have ample chances to build relationships, access valuable resources, and gain valuable insights from experienced entrepreneurs.
When it comes to finding your brick-and-mortar location, Bardstown offers plenty of attractive options. From historic storefronts to modern commercial spaces, the town’s real estate market caters to a diverse range of business needs and budgets. Additionally, the moderate cost of living in the area helps aspiring entrepreneurs keep their upfront expenses in check, ensuring that you can focus your resources on growing your business.
Another highlight of starting a business in Bardstown is the proximity to major transportation routes and the abundant foot traffic generated by tourism. Located not far from major cities and surrounded by stunning natural beauty, Bardstown attracts tourists throughout the year, providing local businesses with a steady stream of potential customers. This tourist influx, coupled with the ease of accessibility, offers entrepreneurs a significant advantage in building a customer base and achieving business success.
As the remarks above indicate, starting a business in Bardstown can be a relatively quick and straightforward process. Thanks to its close-knit community, supportive local authorities, available resources, prime locations, and thriving tourism industry, the town provides a conducive environment for entrepreneurs to launch their ventures. So, to those dreaming of starting a business in Bardstown, why wait? The town embraces innovation and welcomes newcomers with open arms. Harness your passion and creativity, and Bardstown could become the perfect place to make your entrepreneurial dreams come true.
Starting a business in Bardstown is not only easy but also profitable. A large portion of the US and even people from other countries are registering their business in the US for intercontinental brand building. Besides, Kentucky has a sustainable economic atmosphere that is enough to encourage newbies to start and run their businesses in Bardstown, KY.