The Launch Blog: Expert Advice from the CorpNet Team

Businesses Incorporated in Texas Need to Fill Out an Annual Report By May 15

Before you form an LLC in Texas or incorporate a business in Texas, it’s important that you know what your responsibilities will be in reporting on your business in future years. If you’ve already formed an LLC or corporation, you need to be aware of an important deadline on May 15.

That’s the date your Annual Report — also called Franchise Tax Report — is due. Here’s what you need to know to ensure that you stay compliant with the state of Texas.

Welcome to Texas on Store Window

5 Ways to Show Administrative Professionals a Little Appreciation

There’s an important holiday on Wednesday, and it’s likely one you’ve overlooked. It’s Administrative Professionals’ Day, and a day that you need to make sure you show support to the people in your office that help you run like a well-oiled machine.

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Paying Small Business Taxes: Three Options to Consider

If you’re like most small business owners, you groan when April rolls around. You know you have a hefty tax bill waiting for you, and it’s one you despise paying.

What’s your plan for paying that tax bill? Did you know you had options? Let’s look at three smart ways you can get your taxes paid with minimum stress or fees.

Woman with Credit Card

Small Business Taxes and How Incorporating Affects Them

This time of year, most business owners are thinking about their small business taxes: how much they owe, what they need to do to file them, whether they have enough to pay what they owe. But did you realize that if you incorporate a business, how you file your small business taxes and how much you pay can sway in your favor (depending on the corporate structure you choose)? Let’s take a look at how incorporating affects your taxes.

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14 Days Until Tax Day? 14 Things You Must Take Care Of

If you’re like a lot of other small business owners, you drag your feet until the last minute to file and pay your taxes. It’s getting down to the wire, folks, so even if you want to wait until April 15 to file your taxes, you still have a lot of work to do to prepare.

Money Bag and Calendar

How To Find Motivated Employees for Your Small Business

When you first start a business, you may not need to hire, But as you grow, you start looking for people to help you take your business to the next level. But where can you find the right motivated people? Sure, you can post your job on a job board, Craigslist, or career site, but you can’t always know that you’re getting quality applicants.

So where DO you find the right people?

Group of People Holding Hands

6 Hiring Mistakes Small Business Owners Make

As you grow your business, you will inevitably need to hire help. If you’ve never been an employer before, there are certain pitfalls you need to avoid that many business owners make. Here’s your guide to what not to do in hiring staff.

Businesspeople Having Meeting In Modern Open Plan Office

Starting a Business: What Roles Do You Need to Fill?

When you first start your business, whether you are set up as a sole proprietorship, partnership, a corporation, or a Limited Liability Company (LLC), you may take on all the work yourself. After all, you consider yourself a great multitasker, so why not do it all yourself?

You’ll learn this lesson sooner than later, but I’d rather you do it now and save yourself a lot of headache later: you’ve got to delegate to be an effective entrepreneur. That means that from Day 1, you should have the right people on your team that will help you skyrocket to success.

Business woman standing with arms crossed

Owning Real Estate in a LLC: Pros and Cons

Owning investment properties can be an exciting and lucrative decision. However if you're considering an investment in real estate (whether a vacation rental, long-term rental, or for re-sale), be aware that these properties can also create liabilities.

Short sale real estate for sale sign in from of ranch home

How Does Your Small Business Generate New Ideas?

When you first start a business, every day can bring something new and innovative to your business. But what if you run a more established small business? Wouldn't you benefit from some new ideas as well? Here are four ways you can bring innovation back to your brand.

Row of Lightbulbs With One Raised and Lit

6 Ways to Lead by Example

Running a company — and therefore being in charge of people — is both a blessing and a curse. It’s a blessing because it’s fulfilling in so many ways. But it can be a challenge because every day, regardless of how you feel, you have people looking to you for guidance. You’ve got to be on your toes and ensure that you’re doing your best to lead by example so that your staff emulates what you do and works their hardest for your company.

Here are 6 tactics I’ve found effective in my leadership strategy.

Group of business people standing with confidence

Trademarking a Business Name: Do You Need To?

I get asked a lot: does incorporating my business automatically trademark it? The fact is: being incorporated keeps anyone else in your state from using the name, but it doesn’t protect that name in the other 49 states. For that, you need a federal trademark.

Registered Trademark Symbol

Starting a Business? Can You Afford it Right Now?

No matter how good your business idea, no matter how passionate you are about your new idea, no matter how thorough your marketing plan, there is one factor that can completely put a halt to you starting a business.

Glass Piggy Bank With Coins Inside

What I Love About Having My Business Partner as My Valentine

One thing that makes CorpNet.com unique is that it's run by husband/wife team, Phil and Nellie Akalp. In honor of Valentine's Day, Phil answers a few questions about working with the one he loves.

What's the best thing about working with your spouse?

Well…we have A LOT more to talk about at dinner and on date night. Although it’s important to separate the stressful part of our work lives from our personal lives, I find it very beneficial to our relationship to share and discuss the exciting and/or creative parts of our business…even during “personal time.” We really “connect” when we are excited about something at work. Thus it’s always a good idea to discuss a new project or idea…but we NEVER discuss accounting, taxes, or legal matters on date night.

Nellie and Phil Akalp of CorpNet

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