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.
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.
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 [...]
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 [...]
As an entrepreneur, my business name is my greatest asset. I have invested countless hours promoting my business. I have untold articles hoping people respond favorably when they hear the word "CorpNet." I have traveled across the United States, away from my husband and children, promoting my business name and its products and services. Thus, preventing others from using or "stealing" my brand name is of utmost importance to me. And, the quest to protect a business name should be important to you. Registering a Business Name Offers No Protection After speaking with several other entrepreneurs, I have [...]
What Is a fictitious name? A fictitious name is a name other than your proper legal business entity name that you formally get permission from the state (or county) to use when conducting business. You may also see a fictitious business name referred to as a “Doing Business As” (DBA), “assumed name,” or “trade name.” Throughout this post, I will use the terms “fictitious name” and “DBA” interchangeably. At CorpNet, we help business owners throughout the United States file DBAs. Fictitious names can benefit businesses of all types—from sole proprietorships to LLCs to corporations. At CorpNet, we help [...]
One of the most important steps you’ll need to make when starting your business is reviewing business entity types and deciding which one you should choose for your company. The structure you pick will affect your business from legal and tax obligation standpoints. That’s why it pays to understand the various business entity types—and the potential advantages and downsides of each. I recommend talking with a business attorney and accounting professional for guidance. In the meantime, I’m going to share some information about the most commonly used business structures to give you a head start in furthering your [...]
This month in our FAQ series, we tackle the most commonly asked questions about one of the most popular entity types - the DBA. Starting a business can be overwhelming, and one of the first and most important steps is choosing a business entity. A DBA, which stands for "Doing Business As", is also known as a fictitious business name or assumed business name. A sole proprietor can file a DBA in order to operate under their preferred business name, or a DBA can be filed underneath an existing corporation or LLC in order to advertise as or [...]
What’s in a name? More than you might realize when it comes to choosing one for your business! Aside from the obvious must haves of grabbing customers’ attention and being memorable, a business name must also be available to use—and protected. Selecting a name for your company is only the first step in the process. You also have to determine that no one else is already using the name by performing a name search. Then register your business name, so you can legally use it and so other businesses don’t try to claim it as their own. Imagine [...]
It's possible to create a separate business entity for each venture you start. However, this can result in excess paperwork and legal filings. And in many cases, each business may not be earning a significant amount of revenue individually, making the paperwork seem especially tedious. To save some headaches and paper, this article provdies you with great tips to consider when dealing with multiple business types.
Over the course of my career, I’ve helped over hundreds of thousands of small business owners incorporate a business or form and LLC. But I’ve also found there can be just as many questions after incorporating a business or forming an LLC. In this post, I’ve put together some of the more commonly asked questions to help you navigate life after the incorporation or LLC formation process.
The economy is difficult, the jobs numbers aren’t improving, and the stock market is pretty shaky at best. But in these tough times, people are doing some incredibly remarkable things. They’re showing just how determined, creative, and courageous human beings can be. And if I can help these individuals get the ball rolling on their ideas and make their dreams come true, I can’t imagine anything better...AND that's why I love what I do each and every day and I live by the mantra of "Do what you Love and Love What you Do each and every day because you ONLY live once!!!!!
What's in a name? Selecting the right business name for your company is important — and it should be followed by taking the right legal steps to make sure the name is yours to use for years, and decades, to come. A prudent approach to naming entails three important steps: brainstorming, investigation and registration.
You formed your Corporation or LLC, so you’re well on your way to building a successful business. Now it’s time to protect your company name and brand, so that name will be yours to use for years to come. When it comes to your business name and trademarks, a few proactive steps can go a long way toward protecting your brand and business. Best of all, it’s easy and affordable — you just need to know where to start…
Incorporating a business or forming an LLC is a relatively quick and painless process. However, while it may seem straightforward, there are some common mistakes that business owners make that can have a significant impact on their business as discussed in this blog post.
Many questions invariably arise throughout the process of incorporating or forming an LLC for your business. By far, one of the most common questions is…where? And more often than not, the question is framed as, “Should I incorporate in Delaware or Nevada?” These two states are hot choices for incorporation; and for good reason. However, as a general rule of thumb, if your corporation or LLC will have less than five shareholders or members (a condition which applies to the bulk of small businesses), it’s best to incorporate or form an LLC in the state where your business has a physical presence. In other words, unless your business has a physical office in Delaware or Nevada, it's going to be much easier and less expensive in the long run to incorporate or form an LLC in your home state.
If you’re stuck in a job that you don’t like – don’t think you have no option other than to amble along against your will. Start thinking about starting your own business, then once you have an idea and a business plan we can help you. Starting your own business could just be the best thing you’ve ever done!
For the small business owner, incorporating a business or forming an LLC raises many questions: Where do I start? How much does it cost to incorporate or to form an LLC? How long does the process take? Can I form my own corporation or LLC or is an attorney required? In this post, I’ll break down the steps required to incorporate a business or form an LLC, as well as explain the three different methods: do-it-yourself, legal filing service, or an attorney.
You don’t need an attorney to form a corporation, LLC or File a DBA
Remember: you won’t be around forever, and when the day comes to end your involvement in the business you’ve started, you really need to have peace of mind that your business will go from strength to strength even in your absence.