Are you wondering how to start an LLC Missouri business? In this article, we’ll share the steps that you need to know in order to start your LLC in Missouri. This ensures that you can receive the advantages you’re looking for from this process.
In 2019, small business owners in Missouri exported over $3 billion in goods. This shows that many healthy small businesses are operating in the state, and yours could be the next one. However, to increase your odds of success, you need to register an LLC. Read to the end of the article for more insights into how we can help you get started as an LLC.
How to Register an LLC Missouri Business
Now let’s turn our attention to the steps you need to take for registering your LLC Missouri business. This ensures that you’re able to register an LLC quickly to avoid wasting time setting up your business.
Choose Your LLC Missouri Name
You’ll need to begin the registration process by thinking of your LLC name. This should be different from any existing business name in the state of Missouri. Furthermore, it cannot be a name that sounds too similar to an existing one. That’s because it confuses the marketplaces, and hence it’s discouraged.
Do you have a good LLC name that’s not already taken, but you’re not ready to start a business right now? Then you can pay a reservation fee to hold a name for 1 month. Furthermore, you can extend the reservation period by paying an additional fee.
Getting your LLC name right is important to ensure your business sounds appealing to customers. Hence, you’ll need to do market research to quickly find the right choice.
Find a Registered Agent
Getting a registered agent onboard is an essential part of the LLC Missouri registration process. They can receive legal documents and keep you informed of the important part. This frees you up to get on with other parts of your business. It’s especially handy for business owners who want to avoid the legal issues facing their businesses.
However, it’s essential to find a registered agent that will not let you down. This can be time-consuming and take you away from important business tasks. To avoid countless hours of research, consider choosing the professional registered agent services here at Business Anywhere.
Complete Missouri LLC Articles of Organization
To complete the registration process, you’ll need to submit the Articles of Organization. This is the paperwork required to formalize the process, and it must be submitted to the State of Missouri. The exact form that you need to submit is the Application for Registration of a Foreign Limited Liability Company. The cost for this application is $105, and you can send it online or using snail mail.
However, if you make mistakes on the paperwork, then the application might get delayed. We can help you complete every step of the LLC business registration process. Check out our business registration services here at Business Anywhere.
Advantages of Registering an LLC Missouri Business
Now let’s take a look at the top reasons to register an LLC for your Missouri business. This will help you make up your mind if the process is worthwhile and the right choice for your company.
Bank Loan
You’ll have a significantly higher chance to get the bank loan you want after registering an LLC Missouri business. That’s because banks look positively on businesses that have taken to file the Articles of Organization with a state.
Also, you should apply for a business account with banks to increase the functionality. This includes getting access to business credit cards, dedicated support, and more. Shop around for the best bank that can meet your every need.
Improved Money Management
The quality of your money management will improve with an LLC. That’s because you don’t need to use your personal account to manage finds. Instead, all transactions will be funneled through the LLC. This includes receiving money from customers and paying your suppliers or customers.
Additionally, any business partners or inventory can transparently look at your LLC finances to determine the business’s health.
Avoid Personal Liability
You can avoid personal liability with an LLC. That’s because it’s the LLC that will take on legal issues in cases where customers are unhappy. The registered agent can also help you overcome legal matters. They can handle legal documents on your behalf to relieve the burden on your shoulders. Also, they can explain the legal ramifications on your business if there are any problems.
More Authority and Legitimacy
Your business will have a better reputation in your niche just because it’s registered as an LLC. That’s because customers, suppliers, and employees pay attention to things like whether a business has completed LLC registration.
Therefore, you may end up getting more sales, better deals from suppliers, and higher-quality employees. This means that taking the time to register an LLC will pay for itself in the form of more revenue.
Is It Worth Starting an LLC In Missouri?
To conclude, you should take the step of registering an LLC Missouri business to reap the advantage mentioned above. Therefore, you’ll have an easier time competing in any marketplace and have a real chance of scaling your business to new heights.
After all, your most successful competitors in Missouri may already have registered an LLC. Therefore, you need to do the same to avoid getting left behind.
Finally, there’s no need to worry about how to register an LLC Missouri business when we can help. Business Anywhere specializes in supporting businesses in different ways to help them grow. Therefore, you can use our business registration services to get an LLC quickly and for a low price.
