Is it a Good Idea to Start a Business in a Recession?
It may seem counter-intuitive to start a business in an economy that is in the tank, but tell that to the thousands of people who are doing just that. Read the rest of this entry »
Should I Incorporate My Business?
If you recently started a business or currently own your own business, you may be asking yourself, “Should I Incorporate?” This is a question most business owners have at one time or another. Read the rest of this entry »
Tips For Finding the Right Online Incorporation Firm
If you’ve made the smart decision to incorporate your business, you’ve still got one more decision to make. Do you try to do it yourself, hire an attorney, or go through one of the many companies who will incorporate your business online? Read the rest of this entry »
Earth Day At Home
Today Sat March 28 2009, we will adhere to the movement against global warming, called Earth Hour. On Saturday, March 28, at 8:30 p.m. in each time zone, millions of people in thousands of cities will turn off the lights for one hour to raise people’s consciousness about the link between global warming and energy use.
What Are the Benefits of Incorporating a Business?
There are many different ways to start a business, but most people chose to start their businesses as a sole proprietor. For a lot of people, setting their business up as a sole proprietor seems easier. However, it may not be the right decision. How do you decide? As a business owner you can choose to incorporate your business, but what are the benefits?
1. Better tax breaks. Incorporating a business will save you money during tax time. Being a corporation eliminates the need to pay self employment tax, but corporations are also taxed lower than individuals. You can also enjoy more tax deductions than someone who is self employed. This holds true even if you are the only shareholder and employee of the company you can enjoy greater tax deductions. For example, medical insurance premiums are 100 percent tax deductible to businesses that are incorporated.
2. You have a corporate identity. Incorporating a business, gives you an image of stability and credibility. This means people are more likely to choose your business over someone who is doing business as an individually. Customers would rather be safe than sorry.
3. Incorporating a business, also takes away your personal liability. It makes the business it’s own identity. The business liabilities remain with the business and are completely separate from you personally. This means if for whatever reason, someone sues the corporation, your personal assets are protected.
4. When you incorporate a business, it gives your business a continuous life. This means the business can out live the owner as long as it complies with federal and state regulations and, of course the proper paper work is filed.
There is a lot to consider when incorporating a business, but there are also a lot of benefits. Incorporating is an easier process than you think, holding off could cost you a lot of money!
Lights, Camera, Action!
http://www.activefilings….minutes480.html
Lights, Camera, Action!
We have launched our first video clip demonstrating our system and the fact that you can incorporate a business in 10 minutes (actually 9.26) by using our services. Our competitors use to advertise this feature… we went beyond and we prove it!
Check it out at http://www.activefilings.com/videos/10minutes/10minutes480.html
Comments are welcome
Active Filings “lands” in Puerto Rico
It’s official: we landed in Puerto Rico!. We are very proud to announce that today we have started to offer our incorporation services in this particular jurisdiction. Puerto Ricans will have now all the choices we provide in the rest of the 50 states and Washington DC: business incorporation (for profit and nonprofit corporations) and LLC’s formation.
Same quality, same price. Our PR plans are paired in price and services too.
Puerto Rico provides benefits that any other state can provide. It is another territory of United States of America and maintains its own tax structure. In this sense, Puerto Rico represents the best of both worlds: Access to the biggest market in the world, the US and a friendly tax system. For instance, profits derived from sales in any of the 50 States are not taxable by the IRS. At the same time, products that are sent from Puerto Rico to mainland, are not subject to import taxes.
Additionally, Puerto Rico offers several tax incentives that make this jurisdiction in a very attractive business opportunity.
More information about Puerto Rico and our business formation packages can be found at http://www.activefilings.com/states/puertorico
Avoid the Pitfalls of Incorporating – Tip #3
All American
Be sure to place your order with US companies. The US has security laws that protect the consumer from having their information distributed or used inappropriately. If you happen to deal with a company that looks like an American business, but actually operates from abroad then you could be putting you and your company at risk. The last thing you want is your credit card information to be sold in a foreign country.
Avoid the Pitfalls of Incorporating – Tip #2
Business affiliations
Businesses like to place their business affiliations and organization membership logos on their website and other marketing material. These sign help to relax potential customers because it makes customers feel like they are working with a legitimate company. It is very important that you take these memberships at face value and dig a little deeper to verify that this company is actually a member of these organizations.
For example, when you see the Better Business Bureau logo on a web site, you probably breathe a sigh of relief. Take a few minutes to contact the Better Business Bureau via phone or online to verify the company’s membership status and to make sure that there haven’t been any complaints filed against them. It will take only a few minutes of your time and can save you a huge headache in the long-run.
Many organizations have stringent guidelines that a company must adhere to in order to become a member. For example, the local chapter of the Chamber of Commerce may require that the company provide a copy of their business license, in order to ensure the company is a legally operating entity. These types of procedures are for the protection of the consumer, so utilize the public information available to you and verify everything!
Credit: It means everything!
http://www.bcscredit.com/activefilings/
ActiveFilings.com has partnered with Business Credit Services to help you get started building your business credit.
Business Credit Services is offering a free gift to all ActiveFilings.com customers who would like to learn more about separating personal credit from business credit.
The Business Credit Assessment (Valued at $199.95) will take your business through a complete credit assessment to find out how your business stands in the eyes of the credit grantors.
Many small business owners fail to recognize the importance of establishing good business credit; please don’t be one of them.
Take your business to the next level by taking advantage of this free offer today!
Click here to get your free gift now.