Setting up a business can be quite an accomplishment in one’s life. Having friends and family as business partners is something that every individual dream of because of the trust shared among the members. However, you cannot always be sure about not falling out with them because there will be times you disagree with each … Read more
Incorporating a business is no easy task. There are several details you need to iron out before finishing the process. One of these is your registered agent, who will act as the intermediary between your new company and the government. However, the question is, do you really need one for your business? The short answer … Read more
One of the crucial steps of incorporating is making sure your business name isn’t already in use. Here’s how you can check that your business name is original. When you’re forming your corporation to really launch your business, it’s crucial that you use an original business name that no other business in the state is … Read more
Ever heard of a company that does business without gaining profits? It may sound absurd, but some institutions, organizations, or even corporations care to do that. These corporations are also among the most active when it comes to communitarian activities, supporting social sectors, and other charitable acts that are deemed unnatural to doing business. All … Read more
The nonprofit sector greatly benefits different fields of society and strives to make the world a better place. However, before you start a nonprofit corporation, you need to create bylaws. In fact, bylaws are a requirement in most states for nonprofits to incorporate. Nonprofit bylaws are necessary to increase the level of transparency, accountability, and … Read more
There are state laws that you should know before starting up a business. First, you must identify what type of entity your business will be. If you are planning to form a corporation for your business, you must first know the different types of corporations available. The reason why it’s very important is that failure … Read more
When starting or rebuilding the structure of a business, one common question business people ask is, “Is it better for me to have an S corporation?”. Before you decide to turn your company into an S corporation, please read this article below. Here, we will discuss what an S corporation is, how you can apply … Read more
For anyone starting a business, the question of hiring a registered agent versus doing it on their own arises, and it’s a valid question. The simple answer is that you should hire a registered agent. Doing it yourself may seem like a good option. Still, it’s highly recommended that you hire a professional registered agent … Read more
