Hawthorn College
We're here to help you learn and grow your business.
Check out our recent webinars, recorded and provided to local business owners for free!
7 Steps to Avoid a Cyber Catastrophe
Cyberattacks, data breaches and ransomware are real threats that devastate companies of all sizes. Learn seven practical steps to take to protect your company against cyber threats. Presented by Caleb Brown, partner with JS Computek—a central Missouri IT Service Provider.
Starting a New Business
To start your own business, you must first have certain business filings in order to open a business account. We can help you obtain your business filing and open your account.
Obtain an EIN Tax ID
An Employer Identification Number (EIN), or Federal Tax ID, is a unique number assigned to your business by the Internal Revenue Service that is used to identify a business entity, allowing you to file business income tax returns.
Benefits of filing an EIN:
- Allows you to be able to open a business banking account
- The IRS requires that every business have an EIN before hiring employees
- Filing an EIN allows your business to build its credit profile
Learn more or start your EIN application.
Incorporate as an LLC or Corporation
Forming as a Limited Liability Company (LLC) or corporation limits your legal and financial responsibility as a business owner for the activities and debts of the business. It allows you to create a separation of your business assets and personal assets.
Benefits of incorporating:
- Protection of your personal assets
- Save money on taxes
- Build credibility for your business
Learn more or get started.
Get Your Doing Business As (DBA) Name
A DBA name is an official registration of your business name. A sole proprietor can operate under a name other than their legal name, which can have many benefits including added credibility and professionalism, as well as level of separation or anonymity. Filing a DBA also means a sole proprietor can open up a separate bank account under the business name (requirements vary), allowing your customers to make payments to the business itself, instead of to you personally.
Benefits of filing a DBA:
- Accept payments and open bank accounts as your business
- Gain credibility and legitimacy as a business
- Separate your lines of business
Learn more or file for a DBA now.
Create an Operating Agreement
An Operating Agreement is an agreement among LLC members about its business and the rights and duties of its members. No matter what method you choose to form your business, an operating agreement is an important asset and the foundation of any LLC.
Benefits of having an operating agreement:
- Clearly outline the details of your business
- Defines roles and responsibilities of the members of the business
- Helps protect your personal assets
Building Your Team
Payroll & HR Administration
Payroll and HR administration can be a big expense — and not just in terms of salaries and benefits. The time spent on seemingly endless administrative tasks can really eat away at your productivity and profits.
But switching to our trusted partner, Deluxe Payroll, can save you time and money. See how:
• Fixed pricing for the first two years
• Average client savings of 25-30%
• Fast-response customer service team
• 24/7 online access via MyPayCenter
• Guaranteed compliance for peace of mind
• Payroll processing in as few as three clicks
• Payroll checks, cards and direct deposits
• Tax deposits and filing
• W-2s and 1099s
• Leave pay reporting/tracking
• 401k administration
• Instant, customizable reports
• Employee self-service
• CPA/bookkeeper access
• Multiple layers of security
Growing Your Operation
Through our partner Deluxe, we offer many programs and services to help support new and growing businesses.
Call us to see if we have a solution that fits your unique needs.
Contact Us Today
