February 13, 2020
Incorporating can be of great benefit to your business but it can also be a little scary. At CorpCo we pride ourselves on our super friendly and knowledgeable staff. While we cannot provide legal advice we can share options and procedures and help you feel more comfortable during the process of deciding where and how to incorporate your business.
A great place to start? Here!Read More
February 29, 2016
- Our entrepreneur video series is the first step in the incorporation process From checking name availability to obtaining your EIN (Federal ID number) to understanding stock and par value, it's all explained here.
Just as you should expect from any service provider, when you choose CorpCo, you are c... Read More
May 01, 2015
Purchasing a franchise can be exciting for new business owners. In all that excitement it is important to make sure you have taken care of the legal aspects of owning a franchise, including incorporation.
Like any business owner, franchisees need to protect themselves from potential issues when running a company. Incorporation ensures that your personal assets are not on the line.
... Read More
April 27, 2015
Planning your business structure is important and making uninformed decisions can lead to problems farther down the line.
Many business owners operate under the misconception that companies must have multiple partners, a board of directors or employees to incorporate. The truth is, single-shareholder corporations exist in many states. All you need to do is take care of corporate administrati... Read More
April 22, 2015
What is a corporate kit and why does your company need one?
A corporate kit is a binder that serves as a record book for your corporation or limited liability company. The corporate kit holds things like the formation paperwork, including the corporate seal, licenses, resolutions and meeting minutes. If your business is a corporation your kit will also include standardized bylaws and share c... Read More
April 13, 2015
If you are a new business owner you might be wondering: "How much stock do I really need and what is 'par value'?"
The answer to these questions is simple. Each state has a guideline for authorizing stock in your corporation. For Delaware, it is recommended that you have, at most, 1,500 shares of common stock authorized. This will guarantee you the lowest fees both at the time of incor... Read More
April 06, 2015
An Employer Identification Number (EIN), also known as a Federal Tax Identification Number, is used to identify a business entity.
An EIN is a federal nine-digit number, kind of like a person's Social Security number, which is assigned to a company and identifies it for tax purposes. Businesses apply for EINs through the Internal Revenue Service.
If you run a corporation, a Limited Liabil... Read More
March 30, 2015
What's in a name? As you might expect, quite a lot.
Good names are the linchpins of successful businesses. Your company name lays the foundation for your image, and is often the first thing people encounter when they hear about your business. The best names will embody both your values and your organization's distinguishing characteristics. So it makes sense to put a lot of thought into the ... Read More
March 23, 2015
Starting a business means making a number of decisions, one of which is choosing the best corporate structure for your company.
Understanding the best legal structure for your venture means considering a variety of factors, such as taxes, personal liability limitations, transferability and investor expectations. There are different advantages and disadvantages to each setup. Some of the most... Read More
March 12, 2015
Incorporation is an important part of starting your own business, but the process can sometimes be confusing, especially when it comes to choosing which state to incorporate in.
There are a number of factors to consider when selecting which state your business will be incorporated in. One option is to simply incorporate in your home state. This involves filing incorporation paperwork a... Read More