Starting a Business

Business Compliance: How To Stay In Good Standing

What Is Business Compliance? While definitely not the most glamorous aspect of running a business, complying with applicable rules and regulations is a must. Business compliance (known as “corporate compliance” for incorporated businesses) is critical for keeping your company in good standing with your state. The specifics of what you need to pay attention to depend on the legal structure of your company and where you’re registered to operate your business. The compliance requirements Limited Liability Companies (LLCs) and corporations have to meet can vary from state to state (and sometimes even from one municipality to another), so [...]

10 Ways to Create a Successful Small Business Brand

One of the key steps to starting a new company is creating a strong small business brand. Do it right, and you’ll have a memorable brand that customers line up to do business with. How can you get your brand off on the right foot? Here are 10 steps to creating a business brand.  1. Understand the basics of a small business brand To craft your brand message, start by asking yourself (and answering) these questions: What does your company do? Can you distill that down to a few sentences or bullet points? Why does your company do [...]

2017-11-20T11:17:26+00:00 July 19th, 2017|Categories: Growth and Expansion|Tags: , , , , |

Filing an Amendment: 7 FAQs to Keep You in Compliance

This month, we answer all your thought-provoking questions about filing an amendment. July marks the middle of the year and a great time to make changes within your company! When do I need to file an amendment? Articles of Amendment are required if any of the information included in your incorporation or foreign qualification paperwork changes. For example: Changes to the company name Changes to the Registered Agent Information Company Business Address Director or Member Information Number of Authorized Shares Business Activities of the Company Do I need to notify the state if the nature of my business changes? [...]

Professional LLCs – FAQs

Happy June! Summer is fast approaching and with new beginnings, we bring you a new post in our FAQ series! This month, we discuss the Professional LLC, or "PLLC" and the ins and outs of filing them. What is a PLLC? A Professional Limited Liability Company is a special type of LLC that’s designed for licensed professionals, such as accountants, lawyers, and doctors (typically, professions that require a license). Some states do not allow licensed professionals to form an LLC since they don’t want them to escape personal responsibility for professional malpractice by “hiding behind” the personal liability [...]

2017-12-13T14:16:24+00:00 June 13th, 2017|Categories: Startup and Launch|Tags: , , , , , , |

Registered Agents – FAQs

Happy May! This month, we will be going over the requirements for being or maintaining a registered agent and what the registered agent does for your business. Q: What is the purpose of the registered agent? A: The registered agent is the person named to receive important legal and tax documents on behalf of a business in a given state. This includes important mail sent by the state (annual reports or statements), state tax documents, as well as any Notices of Litigation. Virtually all states require corporations, LLCs, LLPs, LPs and nonprofits to appoint a registered agent in [...]

2017-11-28T11:01:40+00:00 May 10th, 2017|Categories: Startup and Launch|Tags: , , , , |

How to Start an Accounting Firm

If you’re a CPA or an accountant, the transition from working for someone else to being your own boss has probably crossed your mind. When you start an accounting firm, you'll soon see that self-employment offers an opportunity to have more control over your own schedule, allowing you to better balance your professional endeavors and personal life. It also enables you to manage your firm the way you want to manage it. But where do you start? How can you start an accounting firm and make sure you are checking all the boxes for compliance? Seven Steps to [...]

Registering a Trademark – FAQs

Registering a trademark can feel like a massive undertaking, but it doesn't have to be daunting. We'd like to get you pointed in the right direction, so let's run through some common questions we receive on trademark registrations. What is a trademark? A trademark is a word, phrase, symbol or design (or a combination of any of these) that identifies the source of a product or service and distinguishes it from competitors. What can be trademarked? Trademark registration can be granted on distinctive names, logos and slogans. You might want to seek a trademark for a product name, [...]

2017-10-04T07:08:16+00:00 April 12th, 2017|Categories: Ongoing Management and Protection|Tags: , , , , , |

Best Practices For Interviewing Job Candidates

Hiring the right people requires a sure-fire interviewing process. To effectively interview job candidates, you need more than a little dedicated time and a list of questions; you need an understanding of how you can draw out the information you need about an individual’s knowledge and capabilities. You also need to tune into character nuances that might indicate how well a candidate will work with your team. And, of course, you need to do all of that without breaking any anti-discrimination laws. Interviewing can be intimidating for not only prospective employees but also for employers! By following some [...]

2018-02-16T09:42:18+00:00 April 7th, 2017|Categories: Ongoing Management and Protection|Tags: , , |

Six Tips To Help Business Leaders Gracefully Handle Adversity In The Office

In an ideal business world, everyone working at a company would always get along famously and harmoniously collaborate day in and day out toward shared objectives they all believe in passionately. Sounds nice, right? Unfortunately, it’s not very realistic—neither for the entrepreneur starting a business nor the business owner running an existing business for years. In all companies, leaders face adversity within their ranks at times. Adversity isn’t usually fun, but it doesn’t have to be debilitating either. How can you manage adversity gracefully so it doesn’t hurt your business? Below are some ways I’ve found to effectively [...]

2017-12-13T14:19:28+00:00 March 29th, 2017|Categories: Ongoing Management and Protection|Tags: , , |

Should Your Company Use a Professional Employer Organization?

Small business owners may be new the phrase professional employer organization, but PEOs have been around now for several years and changing the face of human resources management. A PEO provides comprehensive outsourcing for all tasks and functions typically performed by an in-house human resources department. This may include employee job descriptions, benefits, payroll, insurance, and regulatory requirements. PEOs act as a "co-employer" with your company so that they share contractual obligations with your employees. Management decisions, however, remain with your company. You continue to guide the daily job duties and responsibilities of your employees while the PEO [...]

Partners and W3 – Choose Your Partners Wisely

I've written about partnering a lot in my life. I have not felt great about all the partners I've chosen. I've made some bad choices in personal relationships and in business. But today, I have the greatest partner I've ever had. I asked her to marry me last week. She said yes. Ok, so this post isn't about me and it's not about falling in love. It's about finding great partners. But if you can't find a great life or love partner, how will you know the right business partner? I have learned so much by my mistakes. [...]

2017-09-25T10:37:45+00:00 February 23rd, 2017|Categories: Ongoing Management and Protection|Tags: , , |

Four Ways Busy Entrepreneurs Can Show Their Loved Ones They Care

Although Valentine's Day has passed, it doesn’t mean the time has expired for us busy business owners to show our family and friends we love them. Building and nurturing relationships never goes out of season. And now more than ever, with the divide among people getting wider as the political and social climate becomes ever more heated, I believe we all need to step up our efforts to show we care. But when you’re an entrepreneur bogged down with countless tasks and multiple concerns on your mind, how can you mange all that AND show your people some [...]

2017-11-22T14:42:02+00:00 February 21st, 2017|Categories: Ongoing Management and Protection|Tags: , |

There’s no shame in being just a great entrepreneur or just a great player

I coach kids sports. I started when my oldest son was playing basketball at the YMCA. I didn’t know much about the game as a coach, but luckily I had another dad to help me and we figured it out. It was so new to me and I wanted to do a great job. They were only 6 years old, so we got by. As my son grew, more and more coaching opportunities arose. I always got involved, one way or another. Sometimes my company would sponsor, other times I would help coach. He loved basketball and I [...]

2017-09-08T10:19:31+00:00 February 16th, 2017|Categories: Ongoing Management and Protection|Tags: , , |

Foreign Qualifying your Business – FAQs

Happy February! With winter now in full swing, we will be talking about a way to get away from the cold with Foreign Qualifying! This month, we discuss the opportunities of Foreign Qualification into another state and what the requirements are for those states. Q: What is foreign qualification? A: A corporation or LLC transacting business in a state(s) outside of their state of incorporation is typically required to foreign qualify in those other states. Q: What constitutes transacting business in another state and when do I need to foreign qualify? A: As examples, your company is considered [...]

2017-11-28T11:59:13+00:00 February 7th, 2017|Categories: Startup and Launch|Tags: , , , , , |

Nellie in the News – January 2017

Another month has flown by - 2017 is off to a great start for us in the CorpNet office! Our New Year's resolutions are still going strong. How about you? Our CEO, Nellie Akalp has been busy as always in the press letting you know the best ways to start your business and how CorpNet can help! Call us today to incorporate, Form an LLC, file a DBA or for your other business formation needs. Here's a recap of what was published in January! Interviews & press Mentions Small Business Trends - 10 Essential Ingredients of a Successful Business [...]

2017-09-08T10:38:41+00:00 February 1st, 2017|Categories: Nellie in the News|Tags: , , , , , |

Five Steps To Becoming An Empowered Woman (Or Man) Business Owner

As a woman business owner, I’ve found that empowerment comes to us in two ways: 1. Access to external sources of inspiration and knowledge 2. Self-respect and self-confidence You can sit around and wait for someone to empower you, or you can take the bull by the horns and take action to empower yourself. I will always vote for the latter of the two because it gives you more control over your entrepreneurial destiny. Although women own nearly 30 percent of U.S. small businesses (according to the Status of Women in the United States website), I find that [...]

2017-10-06T10:14:33+00:00 January 26th, 2017|Categories: Women In Business|Tags: , , , |

Starting a Part-Time Business

So you’re not ready to quit your “day job,” but you want to launch a business? Many entrepreneurs dip their toes to test the waters by starting a part-time business. In some ways, it’s the best of both worlds; you pursue your dream of business ownership while still bringing home a steady paycheck. 4 Steps for Starting a Part-Time Business Off Right Although there are some considerations unique to starting a business part-time, you’ll find other aspects are the same as when starting a company full-time. For example, you have to take the necessary steps to operate your [...]

2017-10-04T08:40:30+00:00 January 11th, 2017|Categories: Startup and Launch|Tags: , , , , , , |

Business Information Zone (B.I.Z) – FAQs

Welcome January and 2017! With the holidays behind us and a bright new year ahead of us, it is a great time to start a business.  This month, we discuss the ways CorpNet can assist with our Business Information Zone or B.I.Z. in keeping your company in compliance! Q: What is B.I.Z.? A: Think of B.I.Z. as your business’ personal concierge service. Once you sign up, you’ll receive email reminders on tax and compliance alerts. You can also use B.I.Z. to store your business documents, and keep a personalized business profile that tracks important data about your company [...]

2017-11-28T10:25:43+00:00 January 5th, 2017|Categories: Startup and Launch|Tags: , , , , , , |

Nellie in the News: December 2016

Happy December and Happy Holidays! With the new year only a few days away, it is time to re-evaluate your business! This month, our CEO, Nellie has been busy all over the internet with different informational articles that could help your business prepare for the fast approaching 2017! Interviews & press Mentions Monster.com - When Is it Time to Hire Another Employee? http://mnstr.me/2gQYfDn Feedspot - Top 100 Small Business Blogs On the Web http://bit.ly/2glhyry TenFold - 20 Experts Answer: What's Your #1 Sales Follow Up Tip? http://bit.ly/2gWB7m4 Small Business Advocate - When Is the Right Time to Change yor Business to [...]

2017-11-08T07:07:04+00:00 December 29th, 2016|Categories: Nellie in the News|Tags: , , , , , |

How To Use Live Video Chat For Your Small Business

In the past fifteen years, technology has transformed the way in which we communicate. In both our personal and professional lives, we have more channels available to us than ever: text messaging, instant messaging via social networks, and live video chat. The latter is a cutting-edge way for individuals to speak with others across the globe, and continues to become more valuable, with the video platform as a service (PaaS) market expected to generate $1.7 billion in 2020. Live video chat may be ideal for friends and family to communicate in an intimate way, but it also holds [...]

2018-01-11T04:49:53+00:00 December 22nd, 2016|Categories: Growth and Expansion|Tags: , , , |