The Launch Blog: Expert Advice from the CorpNet Team
Colorado Waives Business Filing Fees
Because of the current economic conditions, Colorado has waived many business filing fees to help ease the financial burden on entrepreneurs. What fees are waived and for how long? Here’s what you need to know about saving money in Colorado.Through June 30, 2023,...
California is Waiving Filing Fees
Because of the current economic conditions, California has waived many business filing fees to help ease the financial burden on entrepreneurs. What fees are waived and for how long? Here’s what you need to know about saving money for your California business.The...
How Do You Pay Yourself as a Sole Proprietor?
Many small business owners start their companies as Sole Proprietorships. The Sole Proprietorship business structure offers setup simplicity, cost-effectiveness, and minimal business compliance requirements. As with any form of business, entrepreneurs must consider...
What are Articles of Incorporation?
If you’ve decided to establish your business as a corporation, you’ll need to fulfill your state’s requirements for registering your company. Among those requirements is filing an Articles of Incorporation (sometimes called Certificate of Incorporation) with the...
Choosing the Best Business Structure for Your Industry
Entrepreneurs face many critical decisions as they launch their businesses. Among the most important is selecting the best business structure for their company. Because of the legal, financial, administrative, and operational implications of the entity chosen,...
Sole Proprietorship vs. LLC
Are you considering starting a business as a solo owner, or will you co-own the business with your spouse? Then, you may be wondering if operating as a sole proprietorship or a limited liability company (LLC) will be the better choice. What are the advantages and...
What Is a Reseller License?
If you’re starting a retail business (whether online or at a brick and mortar location), you’ll want to apply for a reseller license. A reseller license certifies you don’t have to pay sales tax when buying products on a wholesale basis for the purpose of reselling...
How to Move A Business To Another State
When you move from one house to another, you likely have a checklist of things you need to take care of in the process from changing your mailing address and calling your cable TV provider and your internet company. But when moving your business to another state,...
Setting Up LLC Partnership Agreements
The Limited Liability Company (LLC) business structure is one of the most flexible and simple business entity types that entrepreneurs may choose. LLCs aren't usually required by states to have an LLC partnership agreement; however, it's something to...
How Much Does It Cost to Start a Business?
Preparation matters when launching a business. And knowing your startup and ongoing costs is among the most important steps of the process. It’s critical for seeking funding, attracting investors, and estimating when you’ll break even and begin turning a profit....
Stats, Tips, and Steps for Starting a Freelancing Business
If you have marketable skills and knowledge as a self-employed independent contractor, you may wonder if you should freelance, and if so, how you'd go about starting a freelance business. And with the current economic climate of the great resignation and possible...
How to Prepare Your Small Business for a Recession
Is a recession on the way? While some economic experts believe a recession is on the way, others, such as the National Retail Federation (NRF), think that although the economy is slowing, consumers are financially healthy and a recession is unlikely in 2022. And...
Can You Have Multiple Businesses Under One LLC?
There may come a time when you decide to expand your business into an additional area of focus or take an online business to a storefront (or vice versa). These shifting operations lead business owners to wonder if they can have multiple businesses under one LLC....
The Startup Business Plan: Why It’s Important and How You Can Create One
I think it’s safe to say that nearly all business experts agree that all entrepreneurs can benefit from having a business plan. Why is a business plan important for your startup?  According to a study by Palo Alto Software, entrepreneurs who have a business plan...
How Do LLC Owners Get Paid?
As a small business owner, how you pay yourself depends on your business’s legal structure and how you elect to pay taxes. The Limited Liability Company (LLC) is a popular legal entity offering liability protection to its owners (called members), simple compliance...
