Nellie Akalp

Nellie Akalp

About Nellie Akalp

Nellie Akalp is an entrepreneur, small business expert, speaker, and mother of four amazing kids. As CEO of, she has helped more than half a million entrepreneurs launch their businesses. Akalp is nationally recognized as one of the most prominent experts on small business legal matters, contributing frequently to outlets like Entrepreneur, Forbes, Huffington Post, Mashable, and Fox Small Business. A passionate entrepreneur herself, Akalp is committed to helping others take the reigns and dive into small business ownership. Through her public speaking, media appearances, and frequent blogging, she has developed a strong following within the small business community and has been honored as a Small Business Influencer Champion three years in a row.

Increasing Client Satisfaction in Accounting Firms

What if you could increase customer satisfaction, while also increasing your revenue and profits? What if you could accomplish both objectives without changing your existing workload or staff? In a recent webinar, we walked through the benefits moving towards a more proactive mode with clients by helping them manage the burden of incorporation, LLC filings, registered agent services, and annual compliance management. We also explored CorpNet’s partner program and showed how CPAs, accountants, and bookkeepers can easily add these services to their existing advisory offering. At the end of the webinar, I held a live Q&A session for attendees. [...]

By | 2018-02-12T06:10:36+00:00 February 12th, 2018|Categories: Growth and Expansion|0 Comments

Increase Accounting Services Revenue With Business Formation and Compliance Monitoring

Accountants are critical to the success of any small business. In fact, Accountants and CPAs are the most important professionals for small businesses. Yet given this level of importance, only 67% of small businesses are only satisfied with their accountant. What if you could easily increase that rate of satisfaction? Your Clients Are Already Struggling with Paperwork As accounting professionals, you already have clients who are struggling with business formation and compliance paperwork. A recent survey by Wasp Barcode Technologies reported that 33% of small businesses listed managing paperwork as a top accounting challenge. Some are struggling so much that [...]

By | 2018-01-22T11:54:32+00:00 January 22nd, 2018|Categories: Events & Announcements|0 Comments

Can I Change My Registered Agent?

If your business is a Limited Liability Company (LLC) or corporation, you must appoint a registered agent to accept service of process for your company. Assigning an authorized registered agent is necessary for keeping your business legally compliant and maintaining good standing in the state(s) in which you operate. Your registered agent is the entity—an individual or business in the state(s) in which your company conducts business—that will receive legal documents on your behalf. Examples of the types of mail that goes to your registered agent include: Tax notices Federal and state correspondence Notice of lawsuits Summonses to [...]

By | 2018-01-09T06:13:17+00:00 January 11th, 2018|Categories: Other|Tags: , |0 Comments

6 Business-Boosting Benefits of Incorporating Your Company

One of the most critical decisions you will make as a business owner is choosing the business entity type for your company. Sole proprietor or partnership? Limited Liability Company (LLC), or corporation? Decisions, decisions! For many of the entrepreneurs that I work with, incorporating offers a variety of advantages legally and financially over operating as a sole proprietorship, partnership, or LLC (Limited Liability Company). You should talk with your attorney and accountant or tax advisor before you select a business structure because it’s important that you fully understand the pros, cons, and your compliance responsibilities. To get you [...]

By | 2018-02-22T06:03:48+00:00 January 2nd, 2018|Categories: Startup and Launch|Tags: , |0 Comments

The CPA’s Guide to Assisting Clients with Business Compliance Issues

As a CPA, you probably sometimes find that clients inquire about more than just their business’s taxes and finances. With the strong connection between their money and all aspects of their companies, they may toss you questions about a variety of business compliance issues that aren’t in your normal area of focus. You need to exercise caution in responding because your insight shouldn’t take the place of proper legal counsel or human resources guidance. But having a working knowledge of diverse compliance topics can help you aid your client’s understanding of certain issues and steer them to the [...]

Reviews Help Us Become the Best Online Formation Service for LLCs and Corporations

As the year closes out, there is a lot for us to be thankful for. At the top of our gratitude list is the wonderful group of customers we get to serve each and every day. Our goal has always been focused on providing high-quality customer service and for us to be the best online formation service for LLCs and corporations. Your reviews help us know what is working and how we can make our incorporation services even better. As five-star reviews are added to our TrustPilot profile, we are reminded of our pursuit of excellence, our great [...]

By | 2018-02-23T07:41:44+00:00 December 20th, 2017|Categories: CorpNet Reviews & Customer Stories|0 Comments

Year-End Closing Checklist: Get Your Business Ready for 2018

With time of the essence, I won’t delay getting right to the point of this blog post: Now is the time to get your company’s ducks in a row so your business will have a happy New Year. And by happy, I mean being prepared so you won’t suffer from the headaches and frustrations of falling behind on mission-critical responsibilities. So, without further ado, here’s a helpful year-end closing checklist to guide you in closing your 2017 on a joyous note. Your Year-End Closing Checklist to Make the New Year Merry and Bright 1. File to Change Your [...]

By | 2017-12-18T13:13:50+00:00 December 19th, 2017|Categories: Other|Tags: , , |0 Comments

What is the Best Time of Year to Form an LLC?

Have you been thinking of launching a new business or changing your existing sole proprietorship to a formal business entity type? Are you concerned that you might not be selecting the best time of year to form an LLC? So When Really is the Best Time of Year to Form an LLC? There's never a bad time to register your business as a legal entity—doing so helps protect your personal assets and might offer some tax advantages, as well. But filing your paperwork to make it effective before the New Year has its perks! So if you are [...]

By | 2017-12-20T04:01:00+00:00 December 13th, 2017|Categories: Startup and Launch|Tags: , , , |0 Comments

How to Properly Handle Your Company’s Annual Meeting Minutes

If you have incorporated a business as an S Corporation or a C Corporation, most states require that you keep careful records of the company’s activities on a yearly basis. Every time your board of directors meets, your company needs to keep a record on file for regulatory compliance purposes. There is a long list of possible transaction and resolutions that you might need to keep on record. This can include anything ranging from: The appointment of a new officer. The resignation of a director. Purchasing insurance. Selling stock Obtaining a line of credit/credit card in the company’s [...]

By | 2017-12-11T12:54:16+00:00 December 11th, 2017|Categories: Ongoing Management and Protection|0 Comments

Keeping Small Businesses in Compliance is a Team Effort

Staying in compliance can be challenging for many small business owners. They often rely on - or even assume - their CPA or accountant manages the paperwork associated with the registration and maintenance of LLCs, S-Corps, and C-Corps. This assumption can lead business owners down a slippery slope of non-compliance. CorpNet would like to prevent such issues. Earlier this year the CorpNet team released a partner program specific to accountants and CPAs. This program provides a win/win opportunity that gives financial professionals an easy way to help clients maintain compliance, while also bringing in revenue. Helping Accountants Help [...]

By | 2017-12-07T05:04:28+00:00 December 7th, 2017|Categories: Partner Program|0 Comments

Is a Farm LLC Really Necessary?

Starting and running a farming business provides opportunity and the freedom to forge your own professional path. There’s hard work involved, of course—farming is a 24/7 commitment. And an agricultural business comes with many of the same risks that other types of companies do—and some that other types of businesses do not. A farming business faces many uncontrollable threats such as economic downturns, droughts, floods, accidents related to the use of large equipment, unseasonable freezing weather, and even food trends that may put certain ingredients on the outs. Farming, while it can be fulfilling and financially sustaining, comes [...]

By | 2017-12-06T15:12:20+00:00 December 6th, 2017|Categories: Startup and Launch|Tags: , , , , |0 Comments

The What, Why, and How of LLC Insurance

Does your LLC need insurance? LLC insurance coverage is a measure you can take to help protect your business assets in the event of a legal claim against your company. While forming an LLC creates a separation between your personal assets and those of your business, having insurance for your LLC helps guard your company against losses as a result of circumstances in the course of doing business. How Do You Know What Kind of LLC Insurance You’ll Need? The type and amount of LLC insurance coverage will depend on a variety of factors including the level of [...]

By | 2017-11-27T14:18:37+00:00 December 1st, 2017|Categories: Ongoing Management and Protection|Tags: , |0 Comments

Ten Tips for Creating a Business Name

Creating a business name is one of the most exciting and important startup tasks that entrepreneurs must tackle. The name you choose for your business will serve to distinguish you from your competitors and give customers insight into the experience they will have with your company. You will want to get it right and follow the necessary steps to ensure you have legal rights to use your name before you start publishing it on all of your documentation and marketing materials. Tips to Help You Create and Protect Your Business Name 1. Consider the Brand Personality You Want [...]

By | 2017-11-20T11:02:42+00:00 November 27th, 2017|Categories: Startup and Launch|Tags: , |0 Comments

Do I Need Articles of Organization For a Michigan LLC?

If you're considering forming a limited liability company (LLC) in Michigan, you're probably wondering what paperwork the state requires. For example, do you need Articles of Organization for a Michigan LLC? That's one of the common questions we field here at CorpNet—for Michigan and the other 49 states in the U.S. Articles of Organization – Michigan: Does Your LLC Need Them? The answer is yes. In the state of Michigan, an LLC must file an Articles of Organization form with the Corporations, Securities & Commercial Licensing Bureau of the Michigan Department of Licensing and Regulatory Affairs. The Bureau [...]

By | 2017-11-14T03:54:21+00:00 November 13th, 2017|Categories: Startup and Launch|Tags: , , , |0 Comments

Get the Lowdown on Wyoming LLC Fees

Thinking of starting a business in Wyoming? Or maybe you already have one there, but want to change your business structure to an LLC. Either way, you need the scoop on how to form an LLC in Wyoming, as well as what it’ll cost you. Why Form an LLC in Wyoming The LLC — or Limited Liability Company — is a smart choice for your business structure. It protects your personal finances, home, vehicles, and other assets from being seized to cover your business’ expenses. It can also make it easier to position your business to borrow money [...]

By | 2017-11-10T10:16:46+00:00 November 10th, 2017|Categories: Startup and Launch|Tags: , , , |0 Comments

Foreign LLC Registration and Management

Registering your business as a foreign LLC (also known as “foreign qualification”) is required under certain circumstances when you operate your business outside of the state in which you've formed your LLC. Despite the term "foreign," a foreign LLC operates domestically within the United States. Your LLC isn't considered foreign in the state in which you initially registered it, only in the states where you've expanded its operations. Breaking Down the Need for a Foreign LLC A few hypothetical scenarios of when you may need to file as a foreign LLC include: Your retail home decor business is [...]

By | 2017-11-06T12:45:57+00:00 November 7th, 2017|Categories: Startup and Launch|Tags: , |0 Comments

Dissolve an LLC With These Six Easy Steps

For a variety of reasons, entrepreneurs may decide to close the business they worked so hard to start and grow. Situations change and the need to dissolve an LLC or corporation may need to be addressed. An entrepreneur can grow tired of small business ownership or may simply want to retire. Possibly the business has been losing money or it isn't as profitable as it needs to be. Regardless of the reasons, an LLC needs to be dissolved in a formal and methodical manner. This task doesn't have to feel daunting. Our six easy steps will provide a guide [...]

Expert Advice for Registering a Business in Oregon

Have you been thinking about making your dream of starting your own business in the beautiful Pacific Northwest a reality but not sure how to begin?  This post will help guide you through the process of registering a business in Oregon – one of the most scenic and culturally diverse states in the region. Registering a Business in Oregon - What You Need to Know Before we begin, realize the information going forward assumes that you have already decided that operating your business as a sole proprietorship or general partnership (if you will have multiple owners) is not for [...]

By | 2017-10-25T10:18:48+00:00 October 26th, 2017|Categories: Startup and Launch|Tags: , , , , , |0 Comments

LLC vs. S Corp vs. C Corp

Yes, operating a business as a sole proprietor or general partnership offers simplicity, but that comes at the cost of not having separation between you as an individual and your company. Are there other options? What about the LLC vs. S Corp vs. C Corp? For entrepreneurs who want to protect their personal assets and have tax flexibility, registering as a type of legal business entity—such as LLC or S Corporation or C Corporation—is well-worth exploring. LLC vs. S Corp vs. C Corp - What’s the Difference Anyway? Continue reading because I’m going to break down the basics of [...]

By | 2018-02-19T06:49:57+00:00 October 23rd, 2017|Categories: Ongoing Management and Protection|Tags: , , , , |0 Comments

What Is a Trademark?

What is a trademark? A trademark is a word, phrase, symbol, or design (such as a business name or logo) that identifies the source of a product or service and distinguishes a brand from its competitors. Trademarks give owners of their marks protection from other businesses in the U.S. using those marks. Preventing confusion in the marketplace is the primary purpose of trademarks. To obtain a trademark, you must file an application with the U.S. Patent and Trademark Office (USPTO). The Details: What is a Trademark? If you're still asking "what is a trademark?" read on for more [...]

By | 2018-02-19T06:43:23+00:00 October 12th, 2017|Categories: Ongoing Management and Protection|Tags: , |0 Comments