It’s time to get in the game and incorporate your business

February 11, 2013

Aspiring business owners should be listening closely, because opportunity is knocking. While many people may be still be out of work and struggling to make ends meet, it is increasingly clear that the economy is starting to "turn the corner" in a substantive way.

Surveys reflect the rising optimism of the U.S. consumer base. For instance, in a recent poll conducted by CouponCabin, more than half of over 2,000 respondents indicated that they believe 2013 will be a better year for them financially.

Meanwhile, the most recent employment situation update from the U.S. Bureau of Labor Statistics offered Americans a solid cause for optimism. The Atlantic's Dashiell Bennett noted that while the job-creation figure attributed to January – 157,000 – was relatively "tepid," the BLS report contained "some very good hidden numbers."

Specifically, Bennett highlighted the fact that the estimates for November and December had been revised upward. BLS analysts raised November's figure from 161,000 to 247,000, while December's number was increased from 155,000 to 196,000.

This changes the two-month total by nearly 130,000 jobs. And if the trend continues, January's "tepid" figure could be revised in the coming months.

With the economy finally starting to heat up, it is time for aspiring entrepreneurs to get serious about their business plans. From checking the availability of potential company names, to starting the incorporation process, to obtaining a federal tax ID, there are many steps that must be taken before a newly formed organization can officially open its doors and begin hiring employees.

Entrepreneurs can benefit from contacting an experienced incorporation services provider during this process. Working with business formation professionals helps ensure that everything runs smoothly and a startup can get on its feet as quickly as possible.