Calabasas, CA – (August 2009) – While the Labor Department reported last week that weekly unemployment rates fell slightly, there are still currently 100,000 more claims than there were for the same period last year and the unemployment rate remains at 9.4% nationally. Meanwhile, the Small Business Administration reports a 25% increase in visits to its website compared to the same time last year.
The current recession has renewed interest in small business ownership and entrepreneurial enterprises. Amongst them, CorpNet.com, a corporate filing service started by legal and small business experts, Philip and Nellie Akalp, an attorney husband and wife team, was recently formed to help other small business owners get their start. For the Akalps and many other Americans, the economic downturn is proving to be the ideal time to start a small business. They find themselves in good company-according to recent research by the Kauffman Foundation, more than half of the companies on the Fortune 500 were founded during an economic downturn.
“Having launched and sold a number of our own small businesses in the past, we are finding that this current economic environment represents a unique opportunity for new small business owners,” explained Nellie Akalp. “From a start-up perspective, there is a large marketplace full of cheap labor, materials, inventory, and office space-this is a huge advantage that can help a new company with cash flow, which is critical during the early stages of running a business.”
Finding the right business formation support is a critical early element to starting a new business. Offering a variety of affordable and reliable business formation services, CorpNet.com aims to help the legions of the self-employed and small-to-medium sized business owners realize their entrepreneurial dreams. Over the years, Phillip and Nellie Akalp have helped more than 100,000 businesses break into the marketplace. This vast experience, combined with their many profitable small business ventures, has made the Akalps' story a great case study in entrepreneurial success.
“For some, starting a small business today is the realization of a lifelong dream; for others, it's an economic necessity,” said Phillip Akalp. “Whether an owner wants freedom from the 9-to-5 grind or just to keep food on their table, the downturn places a small business in the enviable position of being ready to capitalize fully on the inevitable return to our economic prosperity. When you've managed to thrive during an economic lean period such as the one we are in now, your business is uniquely prepared to succeed during the upturn and realize large profits as an organically streamlined operation.”
About CorpNet®:
CorpNet, Incorporated, is an incorporation service company founded by experienced entrepreneurs
Philip and Nellie Akalp. CorpNet®, through its website, provides business filing services
required for a variety of business needs such as forming a Corporation or Limited Liability
Company (LLC), filing for a DBA, Doing Business in Multiple States (Foreign Qualifications),
Closing a Business (Dissolutions), Registered Agent Representations, and Corporate Compliance
services and supplies for all 50 states.
CorpNet®, CorpNet.com® & CorpNet Incorporation Services® are all trademarks of CorpNet, Incorporated. CorpNet is not a law firm, nor does it provide legal, tax or financial advice. Please see our Sitewide Terms of Use and Disclaimer available on our website for more information.
For more information about CorpNet and its services, please visit www.corpnet.com or call 888-449-CNET (2638).
Direct: 805-449-CNET (2638) Ext.106
Email: pr@corpnet.com