The Launch Blog: Expert Advice from the CorpNet Team

The Difference Between a Business Entity Statutory Conversion and Business Domestication

Statutory conversion vs. business domestication. One changes a business entity type; the other changes a company's home state. Read on to learn more!

2019-01-16T15:31:43-07:00 January 22nd, 2019|Categories: Growth and Expansion, Startup and Launch|

Three Tips for Business Coaches to Help Their Clients Succeed in 2019

How can you help your coaching clients achieve entrepreneurial success? These tips for business coaches will help you help your clients succeed.

2019-01-16T15:08:11-07:00 January 17th, 2019|Categories: Growth and Expansion, Partner Program|

Do You Need Annual Meeting Minutes for Corporations and LLCs?

What business owners should know about annual meeting minutes for corporations. What are they, who must have them, and how do you create them?

2018-12-12T16:03:33-07:00 December 18th, 2018|Categories: Ongoing Management and Protection, Startup and Launch|Tags: , , |

The CorpNet Partner Program Opens a New Revenue Stream for Your Business— Without Adding Overhead

The CorpNet Partner Program gives professional services providers a way to increase revenue without adding overhead. Here’s how it works.

2018-12-17T14:35:18-07:00 December 17th, 2018|Categories: Growth and Expansion, Partner Program|

Five Marketing Ideas to Grow Your Business When Stuck in a Seasonal Rut

Are sales in a seasonal slump? There's no need to worry! Here are five marketing ideas to grow your business during slow times.

2018-12-14T07:55:16-07:00 December 17th, 2018|Categories: Ongoing Management and Protection, Startup and Launch|

5 Steps to Start a Business By Year End–A Guide for Startups

What do you need to do to get your startup off the ground before next year? These steps to start a business will give you the direction you need.

2018-12-07T09:01:41-07:00 December 13th, 2018|Categories: Startup and Launch|Tags: , , , , |

Use a Home Address to Incorporate a Business–What to Consider

s it OK to use your residential address as your business address, too? Here's what to consider before you use your home address to incorporate a business.

2018-12-10T08:12:20-07:00 December 4th, 2018|Categories: Startup and Launch|Tags: , , , , |

How to Start an Amazon Business

Entrepreneurs and startups have recently become very unclear about how to start an Amazon business because the responsibility of online sellers to collect and remit sales tax has been an issue under debate for quite some time. Entrepreneurs who have brick-and-mortar stores in jurisdictions that have enacted sales tax clearly must add state (and sometimes local) sales tax to customer’s bills when selling taxable goods. And then send they must send those funds to the proper tax authorities. But what if you sell your products online to customers in other states? The rules haven’t been completely clear in [...]

Start a Business Checklist for a Home Based Business

Knowing your how to start a business checklist for a home based business may sound simple to most people. With no need to rent or buy office space and worry about setting up workstations for employees, how tough can it be, right? Well, although setting up shop at home offers some degree of simplicity, business owners who work out of their homes still face some of the same legal considerations companies with dedicated places of business do on how to start a business from home. If you’re contemplating about launching a business and how to start a business [...]

2018-11-15T14:59:46-07:00 November 27th, 2018|Categories: Startup and Launch|Tags: , , , , , |

How to Incorporate a Nonprofit Organization Checklist

Some aspects of starting a nonprofit are similar to starting a for-profit business, but nuances exist. How to Incorporate a Nonprofit Organization can be confusing and complicated and it can be helpful to have a checklist of what you should address to incorporate a business as a Nonprofit Organization. Before I go any further, let's first chat about what being a nonprofit business means. The information that I'm about to provide you in this article on How to Incorporate a Nonprofit Organization is not intended as legal, tax, or financial advice. It's for general knowledge purposes to give [...]

2018-11-15T12:54:09-07:00 November 20th, 2018|Categories: Startup and Launch|Tags: , , , |

Should I Incorporate or Form an LLC for my MLM Business?

Do You Need to an MLM LLC for Your Network Marketing Business? MLM entrepreneurs are considered independent contractors. By default, they’re sole proprietors, but forming a legal business entity offers potential liability protection and tax benefits. Also sometimes called “network marketing” companies, MLMs offer income opportunities to folks who want to set their own schedule and work at their own pace—without having to build a business from the ground up. Many people who want the flexibility of being their own boss have chosen careers in working as agents for multi-level marketing (MLM) companies, so I regularly field questions [...]

2018-09-29T14:55:40-07:00 October 23rd, 2018|Categories: Startup and Launch|Tags: |

Sole Proprietor vs. LLC

If you’re the sole owner of a business, you may have pondered the question: “Should I operate as a sole proprietor or a single member LLC?” Decisions, decisions! So what else is new when running a business, right? There are always choices to make—and deciding which business entity type will be right for your company is one not to be made lightly. The type of business structure you choose will have legal and financial implications. It will also affect the time you spend on efforts to keep your business compliant with whatever rules must be followed for the [...]

2018-09-29T14:42:55-07:00 October 2nd, 2018|Categories: Startup and Launch|Tags: , |

Do You Need a Corporate Veil?

What Is the “Corporate Veil”? When a company is formed as a Limited Liability Company (LLC) or corporation, it is regarded as its own legal entity. Therefore, the business—rather than its owners—is held accountable for its debts and legal responsibilities. “Corporate veil” (also called a “corporate shield”) is a business term that refers to the legal distinction between an LLC or corporation and its owner(s). It is the legal separation established by keeping a company’s activities, assets. and liabilities independent from those of the business owner(s). Is it Necessary? The corporate veil, when kept intact, helps protect a [...]

2018-08-28T16:28:05-07:00 August 29th, 2018|Categories: Ongoing Management and Protection|Tags: |

What Is a Reseller License?

If you’re starting a retail business (whether online or at a brick and mortar location), you’ll want to apply for a reseller license. A reseller license certifies you don’t have to pay sales tax when buying products on a wholesale basis for the purpose of reselling them to customers. In some states, a reseller license might alternately be called a reseller permit, resale license, resale certificate, sales tax permit, or some other term. Regardless of its name, its purpose is to identify your company as a reseller. Reseller License and Sales Tax In the United States, a business [...]

2018-08-14T12:22:16-07:00 August 22nd, 2018|Categories: Ongoing Management and Protection|Tags: |

How to Legally Start a Food Truck Business

You’ve likely seen them on busy city streets or at the town fair. They’re also popular sitting outside breweries and concert venues. Schools often hire them for fundraising events. We’re talking food trucks, of course. According to Food Truck Nation, food trucks brought in an estimated $2.7 billion in revenue in 2017, and this industry is not done growing. The road to success with a food truck business is one paved with growth and opportunity, as long as you know (and follow) the rules of the road. Whether you’re adding a food truck to your existing brick-and-mortar restaurant [...]

2018-08-14T04:49:19-07:00 August 15th, 2018|Categories: Startup and Launch|Tags: , |

How to Hire a Ghostwriter for Your Accounting Blog

Does your accounting business need a blog? Yes, web content like blogs helps your business rise in the search engine rankings. So, if your business website doesn’t have a blog, it’s time to create one. If you already have a blog, are you keeping it current? When potential clients see a website with an outdated blog, it immediately gives them cause for concern. But, you may be thinking, you’re so busy running your accounting business, you don’t have the time to create and maintain a blog. Why not hire a ghostwriter to write some—or most—of your posts? By [...]

2018-08-08T11:59:35-07:00 August 9th, 2018|Categories: Growth and Expansion|Tags: |

Do Uber Drivers Need an LLC?

Uber drivers, even those doing rideshare driving as a side-gig, are considered to be earning income through self-employment. Just like other self-employed independent contractors, they face some critical startup decisions—including what business entity type to choose for their business. Should Uber Drivers Form an LLC? After signing the Uber contract to designate themselves as a self-employed private contractor, Uber drivers face the decision of what type of business structure they should operate under. They shouldn’t take this lightly, because the business structure chosen will affect their tax obligations and degree of personal liability. When Uber drivers don’t establish [...]

2018-08-07T05:54:44-07:00 August 7th, 2018|Categories: Startup and Launch|Tags: , |