by CorpNet Team | Jul 25, 2023
CorpNet Partner Program Expand Your Services With a Reliable Partner Offer the following services to your clients in any state: R Incorporation & LLC Filings R Payroll Tax Registrations (SUI/SIT) R Registered Agent Services R Annual Compliance & Monitoring...
by Nellie Akalp | Jul 19, 2023 | Ongoing Management and Protection
A corporate resolution is a formal record of a corporation’s board of directors’ decisions and actions on behalf of the company. States require incorporated companies to use corporate resolutions for recording major business decisions. The company’s...
by Nellie Akalp | Jul 18, 2023 | Startup and Launch
If you’ve been thinking about starting a business in Michigan, you’re in good company. With plentiful resources, incentives, and loans, Michigan is home to 902,000 small businesses that represent 48.3 % of the state’s workers. Michigan offers one of the...
by Nellie Akalp | Jun 27, 2023 | Ongoing Management and Protection
When someone sues an LLC, the procedure of delivering the legal paperwork that initiates the lawsuit and allows it to proceed is referred to as service of process. Service of process notifies the LLC of the lawsuit, and it establishes that the court hearing the...
by Nellie Akalp | Jun 26, 2023 | Startup and Launch
I regularly speak to business owners about entity types and their potential impact from a tax perspective. A while back, I created a webinar for accountants (and other professional services providers that work with businesses) on the topic of business structures and...
by Nellie Akalp | Jun 21, 2023 | Growth and Expansion
The word “subsidiary” gets tossed about a lot in the world of business. But what does it really mean? A subsidiary is a company owned or controlled by another business entity (known as a parent company, holding company, or umbrella company). A parent company might own...
by Nellie Akalp | May 31, 2023 | Startup and Launch
If you’re thinking about starting a business, you’ll want to research which business entity type will be most advantageous to you. As you go through that process, you will discover that various documents and filings need to be submitted to the state to form a...
by Nellie Akalp | May 31, 2023 | Startup and Launch
According to IBISWorld, the food truck industry has 25,476 businesses in 2020. Growth in the industry from 2015 to 2020 averaged 8.7%. With the COVID-19 crisis a reality now, arguably, the food truck industry may be better suited than brick-and-mortar restaurants to...
by Nellie Akalp | May 31, 2023 | Startup and Launch
A lot of entrepreneurs wonder what state should be used to incorporate a new business. Should it be their own state or maybe another state like Delaware or Nevada? There is no easy answer to that question, however, there are definite benefits for some businesses to...
by Nellie Akalp | May 30, 2023 | Ongoing Management and Protection
Tax season is over (for most of us). So, what’s next for business owners and professional advisors with business clients? With so much disruption and distraction this year, you may have fallen behind keeping up with compliance for business licenses, permits, and...
