The Launch Blog: Expert Advice from the CorpNet Team
Professionals like you, who help entrepreneurs navigate the challenges of starting and growing their businesses, will likely encounter clients asking about a "Letter of Good Standing." Let's take a moment to talk about what a Letter of Good Standing is and why maintaining a status of good standing is so important. What Does a Letter of Good Standing Mean? A Letter of Good Standing refers to a certificate issued by a state's Secretary of State office (or comparable agency). It verifies that a registered business (e.g., an LLC or corporation) has complied with all [...]
With all the decisions your clients are expected to make when starting a business, which legal structure to choose might not get as much consideration as it should. Most business owners choose to form a sole proprietorship in the beginning, since it’s less paperwork and less costly; many switch entities as their business grows to benefit from the protections provided by a Limited Liability Company (LLC) or C Corporation. But an LLC or C Corp can also choose to elect S Corp status. If your clients come to you with questions about this option, [...]
If you have been considering starting an eCommerce business, you’re exploring an industry with a promising outlook. According to Statista, the number of online shoppers in the United States is expected to reach 230.5 million in 2021.1 However, like starting any business successfully, discovering how to start an eCommerce business requires research, planning, and hard work. Wondering where to begin when starting an eCommerce business? CorpNet is here to help! Let's explore some of the primary considerations you'll need to think about and then walk through the general legal steps for how to start [...]
You have a phenomenal business idea, you’ve done some homework to verify your idea is viable, and now you’re ready to take the necessary steps to make your dream of starting a business in Nevada come true. Starting a business in Nevada offers the opportunity to take charge of your own professional destiny in a state known for entrepreneurial innovation and success. What Are the Benefits of Starting a Business in Nevada? According to the U.S. Small Business Administration Office of Advocacy's 2018 Small Business Profile for Nevada, the state is home [...]
Wondering how to start a virtual bookkeeping business? This article shares what aspiring self-employed bookkeepers need to think about.
If you've been exploring how to start a small business in Texas, this article is for you. Learn 10 steps to launch a business in the Lone Star state.
Wondering how to choose the right business entity? Consider watching these webinars to learn about the pros and cons of various business structures.
This post will cover a detailed outline and step by step guide as to How to Start a Business in the United States Without Living in the United States.
Wondering how to start a business in Wyoming? Get all the tips and guidance you’ll need to tackle to start and launch a business in the “Cowboy State".
Wondering how to start a restaurant? This article has important food for thought to help you learn what it takes to launch a restaurant business.
Thinking about starting a business in Delaware and wondering what you need to do? This 17-step guide will give you valuable insight.
Wondering if you need to submit a Secretary of State Annual Report and when it’s due? This state-by-state list will help you prepare and stay in compliance.
Wondering how to start a trucking company? Step on the gas and head in the right direction with what you'll learn in this post.
Confused about how to calculate sales tax for business? Learn about recent sales tax legislation, tools for calculating sales tax, and more.
Help Clients Choose What Is the Best Business Structure Without Fear of Unauthorized Practice of Law
What is the best business structure? Here's how to help your clients (and boost your revenue) without illegally engaging in the practice of law.