How To Start A Business In Mississippi

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How to Start a Business In Mississippi

Here is some information on how to start a business in the state of Mississippi.
Mississippi has a website to help you get started with your business: http://www.sos.ms.gov/BusinessServices/Pages/default.aspx

  1. Register your new business name.

You may need to register a fictitious name for your business.

If you need help choosing a business name: 12 Tips to Help Choose a Business Name

  1. Select your business structure.

Determine what business structure you wish to have.  Many small business owners are sole-proprietors.  More on business structures here:  https://www.sos.ms.gov/BusinessServices/Documents/Business%20Entities%20(Clean).pdf

  1.  Register your new business.

You may be required to register your business with your state.

  1. Open a Business Checking Account.

You will need to open a separate bank account for your business with your new business name.

  1. Find out about taxes, hire an accountant.

You may want to file your own taxes if you are a small business. As you grow, it will be easier to have an accountant do the work. More information about Mississippi taxes here: http://www.dor.ms.gov/Business/Pages/default.aspx and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .

  1.  Liability Insurance.

You may want some form of liability insurance, depending on what services you will offer.