The Launch Blog: Expert Advice from the CorpNet Team

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...

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Can I Use a Home Address for My LLC?

s it OK to use your residential address as your business address, too? Here's what to consider before you use your home address to incorporate a business.

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Do You Need an LLC for Rental Property in Another State?

No matter where you’re buying a rental property, protecting that investment is important. Many real estate investors who own rentals choose to set up each of their properties as a Limited Liability Company (LLC). Doing so helps protect their personal assets from...

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10 Strategies for Growing a Business

Uncertainty is not unfamiliar territory for business owners. However, these past few years have brought a significant amount of ups and downs to entrepreneurs everywhere and in nearly all industries. While some companies focused on their short-term goals, other...

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10 Ways to Create a Successful Brand for Your Small Business

One of the key steps to starting a new company is creating a strong brand. Do it right, and you’ll have a memorable brand that customers line up to do business with. If you are a new business owner, you might not know where to even start. I've been there and I...

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Time to Declare Your Independence

For many, the American dream is all about entrepreneurship. Business ownership is a way to declare personal independence and even though the economy has been a roller coaster lately, it hasn’t quieted America’s entrepreneurial spirit. As a matter of fact, despite...

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How to Legally Start a Marijuana Business in California

With the legalization of marijuana for adult recreational use in California, it’s an exciting time for the state’s business community. The law brings many opportunities for entrepreneurs interested in producing and selling cannabis and cannabis products. CorpNet is...

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LLC’s: Best Biz Structure to House Multiple Properties

With any property, there are inherent liabilities — from a broken balcony railing to old electrical wiring or mold. The LLC forms a wall that shields individual owners from personal liability. If sued by a tenant or guest, the defendant is the LLC, not you. And the judgment can be collected only from the LLC's assets, and not from your own personal assets.

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10 Ways to Take Care of Your Kids and Your Business This Summer

School’s out! Chances are your kids are celebrating right now because weeks of summer vacation beckon. But, if you’re starting a business or running a business, and you have school-aged children, you’re likely feeling a little conflicted. Entrepreneurs like me, and...

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Virtual Companies and Nexus: What Small Businesses Need to Know

Over the last two years, many businesses have chosen to go virtual, either temporarily or on a permanent basis. But that decision can impact the business’s nexus status. Companies with remote employees in other states may also need to register for foreign...

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What Every Small Business Should Know About 1099s

Every year when tax time rolls around, many business owners wonder whether they must send 1099s to their vendors. As commonly known as 1099 forms are, they remain one of the most misunderstood Internal Revenue Service (IRS) requirements. Recently, more confusion...

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Does Being an LLC or Corporation Help Build Business Credit?

Establishing healthy business credit is essential to ensure a company can thrive and grow. If an entrepreneur doesn’t take measures to establish credit in their business name, they may miss out on opportunities and even pay more than they have to for goods and...

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LLC vs. PLLC: Which Structure is Right for Your Business?

Choosing the appropriate business structure for your company is complicated. For attorneys, physicians, accountants, architects, and some other licensed professionals, there are extra factors to consider. Professionals who want liability protection and flexibility...

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What is the Role of an Incorporator?

Starting a new C Corporation can be complicated and entails several legal, administrative, and administrative steps. Whether you’re starting the business on your own, with a partner, as part of a team, or converting your current business structure to a corporation,...

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