The Launch Blog: Expert Advice from the CorpNet Team

The CorpNet Partner Program Opens a New Revenue Stream for Your Business— Without Adding Overhead

The CorpNet Partner Program gives professional services providers a way to increase revenue without adding overhead. Here’s how it works.

December 17th, 2018|Categories: Growth and Expansion, Partner Program|

Should I Incorporate or Form an LLC for my MLM Business?

Do You Need to an MLM LLC for Your Network Marketing Business? MLM entrepreneurs are considered independent contractors. By default, they’re sole proprietors, but forming a legal business entity offers potential liability protection and tax benefits. Also sometimes called “network marketing” companies, MLMs offer income opportunities to folks who want to set their own schedule and work at their own pace—without having to build a business from the ground up. Many people who want the flexibility of being their own boss have chosen careers in working as agents for multi-level marketing (MLM) companies, so [...]

October 23rd, 2018|Categories: Startup and Launch|

Do You Need a Corporate Veil?

What Is the “Corporate Veil”? When a company is formed as a Limited Liability Company (LLC) or corporation, it is regarded as its own legal entity. Therefore, the business—rather than its owners—is held accountable for its debts and legal responsibilities. “Corporate veil” (also called a “corporate shield”) is a business term that refers to the legal distinction between an LLC or corporation and its owner(s). It is the legal separation established by keeping a company’s activities, assets. and liabilities independent from those of the business owner(s). Is it Necessary? The corporate veil, when kept [...]

August 29th, 2018|Categories: Ongoing Management and Protection|

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 them to customers. In some states, a reseller license might alternately be called a reseller permit, resale license, resale certificate, sales tax permit, or some other term. Regardless of its name, its purpose is to identify your company as a reseller. Reseller License and Sales Tax In the [...]

August 22nd, 2018|Categories: Ongoing Management and Protection|Tags: |
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