Congratulations! You’re open! Now, what’s next?
- No time to DYI Business Taxes? Hire an Accountant to do taxes and bookkeeping.
- Talk with your Insurance Representative about coverage for your new business.
- Need some legal help? Talk with an Attorney.
- Ready to grow? Or, need a line of credit for inventory? Check out our local lenders. But don’t forget to ask about SBA loans and check out other government grants.
If you are hiring employees, you are responsible for complying with city, county, state, and federal requirements.
- Make sure you have applied for an employee identification numberthrough the Internal Revenue Service.
- Obtain a Missouri Withholding Number (form 2643) and an Unemployment Tax number (form 2699). Complete the application for these numbers onlinewith the Department of Revenue and the Department of Labor and Industrial Relations.
- View current and past Minimum Wages, wages for tipped employees, minimum wage posters, penalties, and records retention.
- Find Required Workplace Posters that are required by the state and federal governments to be displayed in the workplace.
- Missouri provides employers with an easy, fast, cost effective way to meet reporting requirements to Report Newly Hired
As your business grows, you will need to make sure that your new staff goes through their appropriate training and permits to keep professional and business licenses current on an annual basis. This is for all levels of licensing – City, County, State and even Federal if applicable.
City of Kirksville
Employers are required to report the current number of employees during the annual Business License renewal process. Business Licenses are good for 1 year and expire on the last day of February of each year. Businesses are notified by mail in January to apply for a business license renewal. Not in Kirksville? Search your city here for their requirements.
- Sullivan County
- Putnam County
- Schuyler County
- Scotland County
- Knox County
- Clark County
- Lewis County
- Marion County
- Ralls County
State of Missouri
The Missouri Department of Labor and Industrial Relations serves as a one-stop for employers in the State of Missouri. This includes outlining your responsibilities as an employer.
File any annual renewals at the state level:
- Secretary of State- File Annual Business Report
- Renew Fictitious Name Registration
- Secretary of State - Securities Registration
- File payroll reports (quarterly and end of year) with Department of Revenue
- File payroll reports (quarterly and end of year) with the Department of Labor
- Renew my Professional License
For specific permits and license renewal, follow the links listed here.
Social Security or Self Employment Tax Withholding must be withheld from employee’s wages or paid by the employee (if self-employed) and remitted to the federal government on a regular basis. More information can be found on the Internal Revenue Service website.
Disaster Planning for Your Business
You've finally achieved your dream. Don’t lose it to a power outage, hacker disruption, fire, earthquake or other disaster. If you’re not prepared, a disaster could put you and your employees at risk, possibly shutting down your business forever. The Small Business Association partnered with Agility Recovery to offer business continuity strategies through their “PrepareMyBusiness” website.
Promoting Your Business
The success of your business goes hand in hand with the success of the community you serve. Your time and efforts to develop strong business alliances and serve in the community will help you achieve your goals.
There are hundreds of business associations and community service programs in Kirksville and Northeastern Missouri that you may choose to support; each may serve your needs in a unique manner.
For more information on marketing and promoting your Northeast Missouri business, visit:
Kirksville Resource Guide
Or, contact your local Small Business and Technology Development Center.