How to Start Your Own Small Business in the State of Missouri

Starting a small business in Missouri requires several steps.

The Missouri Business Development Centers helps over 10,000 small businesses a year. Starting a small business in Missouri is not an overly complicated process, but it will take some time to complete all of the steps required.

Instructions

1. Register the business name with the Secretary of State. Registering a business name has specific procedures depending on the type of business structure. A sole proprietor partnership company requires a fictitious business name. Corporations and limited liability companies (LLC) file articles of incorporation.

2. Get a local business license. This can often be obtained through a city or county clerk in Missouri.

3. Missouri requires a sales tax number so that you can collect sales tax on applicable goods. If you do not sell goods that are taxable, or you are a wholesale only business, you can apply for a sales tax exemption. The Missouri Department of Revenue handles sales tax issues.

4. Obtain a EIN (federal identification number)if required by your business structure. Certain corporations and LLCs require an EIN number. This number is obtained directly from the IRS, through form SS-4.

Tips & Warnings

• A business plan is not required to register a business, but it is recommended. A business plan will allow you to write down your business idea and plan out short and long term goals.

References

• Missouri Business Portal: Starting New Business Basics