/Incorporating a Business

How to Incorporate in 6 Easy Steps

702_3518095There’s little you can do that’s more important than to protect your business by incorporating it. But so many entrepreneurs think the process of incorporating a business is complicated and so never bother with it. Nothing could be further from the truth. Here are six simple steps to help you incorporate.

Step 1: Conduct a Corporate Name Search

You first need to see if the name you want to use for your business isn’t used by anyone else. If it is, you’ll have to change the name slightly or choose a different state to incorporate in. We offer a free name search you can use to see if you can file your incorporation paperwork under the name you want.

Step 2: Choose Where You Want to Incorporate

The next step is to decide which state you will incorporate in. Many people choose to incorporate in Delaware because of its business-friendly environment. As a corporation in Delaware, you won’t pay state corporate income tax if your corporation was formed in Delaware but you do not transact business there (but there is a franchise tax). Still, it’s often easiest to incorporate in the state you operate out of. The decision is up to you. Continue reading “How to Incorporate in 6 Easy Steps” »

By | March 25th, 2015|Incorporating a Business|0 Comments

Incorporate a Business: the Best Way to Protect Your Assets and Save Taxes

775_3751966We’ve written before extensively about all the benefits of incorporating a business, so I thought I’d take a different approach. Let’s look at some scenarios where being incorporated would help you in your small business.

You Get Sued

While most business owners are horrified at the prospect of being sued, it can happen, so it’s important to protect your business against this occurring. If you operate as a sole proprietorship and the judge says that you now have to pay this angry customer or supplier $10,000 and you don’t have that money in your account, guess where it comes from? The court can legally take your car, house, or other assets to pay that debt if the business is running dry.

Incorporating, on the other hand, separates your personal assets from the business. Creditors can never touch your personal assets if you are sued as a corporation. Continue reading “Incorporate a Business: the Best Way to Protect Your Assets and Save Taxes” »

By | February 13th, 2015|Incorporating a Business|0 Comments

6 Easy Steps to Incorporating Your Business

816_4476421Assume incorporating a business is too complicated for your lil ole company? Think again. There are really only six steps to incorporating, and you can do them yourself or let the professionals at CorpNet handle them.

See if Your Business Name is Available

When you incorporate in a given state, you need to know that the name you want to use for your business isn’t used by anyone else. If it is, you’ll have to change yours slightly or choose a different state to incorporate in. Conducting a name search will let you see if you can proceed to file your incorporation paperwork under the name you want. Continue reading “6 Easy Steps to Incorporating Your Business” »

By | February 11th, 2015|Incorporating a Business|0 Comments

How to Form a Corporation: Appointing a Board of Directors

430_3141096If you’ve decided to form a corporation, congratulations to you! You’re on the right track to protecting yourself and taking your business more seriously. But the work’s not done yet. One of the steps you’ll need to do in the incorporating process is to appoint a Board of Directors.

By law, your corporation must have a Board to represent it and to make decisions on behalf of shareholders. The number of members required will vary from state to state. For example, if you incorporate in California, you’re required to have at least one Board member.

Having more can be advantageous, as it’s your Board that will help you make decisions about your company. Together, you can determine your business’ path for:

  • Strategic growth
  • Issuing shares
  • Raising prices
  • Adding new products

Continue reading “How to Form a Corporation: Appointing a Board of Directors” »

By | January 19th, 2015|Incorporating a Business|0 Comments

5 Tips to Incorporate Your Business

511_3060466Is incorporating a business on your list of to dos for 2015? If so, you’ll set the stage for a fantastic year for your business! Whether you plan to incorporate in California, Tennessee, Ohio, or any of our 50 states, the following tips will make it easier for you.

Tip 1: Make Sure Your Name is Available

Conducting a free CorpNet corporate name search will let you know if anyone is already using the name you want for your business. Note that if you’re incorporating in California, as an example, you don’t have to include a suffix like Corporation, Corp., Incorporated, or Inc. after your business name, unless it is a close corporation.

Tip 2: Register Your Corporation with the Secretary of State

This is the government agency responsible for all forms, filings, and record keeping. Keep in mind that you’ll need to file your fictitious business names (DBA – doing business as) at the county level, not the Secretary of State. Other permits and licenses may be required at the county or even city level in California. The usual point of contact is the County Treasurer’s Office. Continue reading “5 Tips to Incorporate Your Business” »

By | January 5th, 2015|Incorporating a Business|0 Comments

What You Need to Incorporate a Business

112_2712553So you’ve decided to form a corporation. Congratulations! This business structure will protect your personal assets and keep you separate from your business entity. But before you enjoy that peace of mind, you’ll need to take care of the actual process of incorporating. Here’s the process for forming your own corporation.

  1.  Get a Name Check

Before you can incorporate, you need to ensure no one else in your state is using the same business name. You can do that by using our free Corporate Name Search tool.

Note: Include words like “Inc.” or “corp.” if you plan to add them to your name once incorporated when searching.

  1.  Draft Your Articles of Incorporation

Most states refer to the formation document as the “Articles of Incorporation” or “Certificate of Incorporation.” The document contains information about your company, including:

  • Company name
  • Business purpose
  • Registered agent (that might be you or a third party)
  • Incorporator (that might be you or a third party)
  • Number of authorized shares
  • Share par value
  • Preferred stock
  • Directors
  • Officers

Continue reading “What You Need to Incorporate a Business” »

By | October 1st, 2014|Incorporating a Business|Comments Off on What You Need to Incorporate a Business

How CorpNet Helped Me Grow My Business

I have the unfair advantage, working with CorpNet behind the scenes. I’m one of the first to see their newest products and see what offerings are in the pipeline. But it took me a few months after I started working with the company before I started drinking the Kool-Aid and actually incorporated my marketing business. Nellie Akalp asked me to tell my story about my business and how CorpNet helped me. Here it is.

egg logoI’ve always been a writer at heart, ever since I could first hold a pencil.

I found my professional passion as a writer in marketing after earning my MBA, and worked for a few private firms in marketing roles. After working for a few crazy bosses (no, really), I knew I could do a better job myself. And so I became an accidental entrepreneur in 2006 when I started my business, Egg Marketing & Communications. Continue reading “How CorpNet Helped Me Grow My Business” »

By | August 22nd, 2014|Incorporating a Business|Comments Off on How CorpNet Helped Me Grow My Business

Nellie Akalp Tells You Why You Need to Incorporate on FOX Business

Once again, our fearless leader Nellie Akalp was featured on FOX Business. This time, she discussed the benefits of incorporating your business. She told the audience that incorporating provides a shield for you and your business, and also separates you from the business by protecting your personal assets.

And it doesn’t have to be expensive and done by a lawyer. You can even take care of the incorporating process yourself, though you will be responsible for keeping up with annual paperwork.

Where you incorporate matters, too. Nellie said for companies with 5 or fewer shareholders, the best place to incorporate is in your home state.

Watch her recent FOX interview below:


By | July 25th, 2014|Incorporating a Business|Comments Off on Nellie Akalp Tells You Why You Need to Incorporate on FOX Business

10 Things You Should Know About Incorporating Your Small Business

550_4620715If you’re considering incorporating your small business, read this first. This is not a decision to be taken lightly, so make sure you’re aware of what you need to know and do to run a corporation.

1. Where You Incorporate Matters

Many business owners think they should incorporate in a state like Nevada so they won’t have to pay state taxes, but the opposite is actually true. Whatever state you operate in, that’s the state that will require you to pay taxes on any sales that originate in your state. So there’s no getting around paying your state taxes simply by filing your incorporation paperwork in another state. Continue reading “10 Things You Should Know About Incorporating Your Small Business” »

By | July 14th, 2014|Incorporating a Business|Comments Off on 10 Things You Should Know About Incorporating Your Small Business

Celebrate with us! Free LLC and Incorporation Packages

Free-Home-Banner-YellowJuly 2014 marks the fifth year CorpNet.com has helped entrepreneurs start a business. To show our appreciation to the entrepreneurial community, we are launching a special offer starting today through the end of July: Free LLC formation and incorporation packages. During this limited time, we will waive our service fees for any basic LLC or incorporation package to help make it easier for those looking to finally get that business started over the summer. Interested in the free LLC and free incorporation packages? You’ll just have to pay the state filing fee and shipping. CorpNet doesn’t make a dime on these offers. Each package includes:

  • Free name search
  • Free drafting of incorporation articles
  • Free LLC formation/incorporation filing
  • Unlimited customer care
  • Free Registered Agent service for 60 days
  • Electronic delivery of all documents through CorpNet’s B.I.Z. (Business Information Zone) service

Get started with a FREE LLC or Incorporation Today

Though CorpNet is celebrating five years of being in business this July, founders Phil and Nellie are old pros in the online legal filing industry. They’ve got more than 16 years experience in the field, and have helped thousands of entrepreneurs realize their dreams to start a business. They’ve made a name for themselves as the easy and affordable way to incorporate a business or file an LLC.

We at CorpNet look forward to many more years of helping people become business owners. Get more information on the free packages before they’re gone.

By | June 27th, 2014|Events & Announcements, Forming An LLC, Incorporating a Business|Comments Off on Celebrate with us! Free LLC and Incorporation Packages