START A BUSINESS
A Strong Start to Your Business
WHAT YOU NEED TO KNOW
The journey of establishing a small business in Missouri involves navigating through various aspects that may be unfamiliar. The Missouri Small Business Development Center at Missouri Southern State University is available to provide the essential guidance and information necessary for you to be well-informed before launching your business in Missouri.
Business Plan
Develop a comprehensive business plan outlining your business concept, target market, competition, marketing strategy, financial projections, and operational plan. The SBDC can assist you in creating a solid business plan.
Registration & Permits
Register your business with the Missouri Secretary of State's office and obtain any required licenses or permits. The SBDC can guide you through the registration process and help you identify the necessary permits.
Financial Projections
What initial capital requirement does your venture have, and when can you anticipate profitability? Let us assist you in constructing projections to mitigate potential risks.
Loan Assistance
Are you familiar with the process of presenting your new business plan to a lender? We can assist you in crafting both the plan and projections, ensuring you are well-prepared for engaging with potential lenders.
Marketing & Branding
Develop a marketing strategy to promote your business. The SBDC can offer guidance on creating a strong brand and effective marketing campaigns.
Legal Structure
Choose a legal structure for your business (e.g., sole proprietorship, LLC, corporation). Each structure has different tax implications and legal requirements. The SBDC can educate you to understand the pros and cons of each.