
7 Steps to Incorporation Filing
In a follow up to our article on choosing between an LLC and a corporation, Blair Woods thought it would be helpful to review some of the important steps you need to consider once you’ve decided on an incorporation filing.
Her article, “7 Steps to Incorporation Filing” focuses on some of the necessary steps you will take in forming a corporation. Some of these steps are handled by us if you choose to use our incorporation services, but many will still be your responsibility so it’s definitely a worthwhile read.
Running a corporation is involved. I might recommend reading this article as a starting point and preparing a plan for how you will complete the requirements the state will have. You should also consider spending some time reviewing the materials in our Learning Center. There you can review a business start up checklist, familiarize yourself with incorporation terminology that may be unfamiliar, learn about financing options, and soon, you will even be able to download a business plan template.
It’s all part of our effort to make starting and running your company easier than ever before. Do you need help with something you don’t see? Send us an email. We would love the feedback and if there is an existing need that we don’t cover, we can make plans to add it.
I suppose every industry has trade secrets and no doubt they each guard them very carefully. Often, these secrets deal with the truth about products and services they are trying to sell you. Wouldn’t it be nice if the companies you deal with would be honest about whether you need their service or not? When was the last time you spoke with a sales person who said, “You know, I would love to sell you product X, but here’s a way you can do it cheaper by yourself”? That’s exactly what I’m about to do.
Here is the truth…You don’t need to use an incorporation service to help you with an LLC formation or with incorporating a business!!
I have worked for online incorporation services for some time. In fact, I am in the sales side of the business and I help people when they want to form an LLC or assist them with their business incorporations every day. So why would I jeopardize my job to blow the whistle on a secret that the whole industry guards so closely? The truth is, I wouldn’t. I have a family to feed and bills to pay just like everyone else, but I have been very fortunate to find an opportunity with a company that doesn’t just let me tell you this…they encourage it! We are taught to always do what is best for the customer, even if that means we talk ourselves out of a sale. Does that mean we don’t help customers with their business formations? Absolutely not. Instead, we focus on customers who can benefit from the expertise we have to make the process easier or better for them.
Here is what I mean. Some customers who come to us have formed several companies and are familiar with the Articles of Organization, Operating Agreements, Federal Tax ID’s, etc. They think we can provide some additional magic touch they cannot provide if they do the paperwork themselves. This type of person may not be the customer we are looking for and we help them understand their options so they will be happy with the outcome. On the other hand, we regularly speak with customers who have never been through an LLC formation or they have never tried incorporating a business and don’t know how to write an Operating Agreement. Guess what? An online incorporation service like ours may be just what they need. For this customer, we can take out the guess work and make the whole process more comfortable and more accurate, with fewer chances for mistakes. We also work well with customers who want to spend their time focused on other aspects of starting their company. The point is, you should know your options. Speak to people you trust about what might be best for you in your specific case. An online incorporation service might be perfect for you, but you just might be better off on your own.
Want to learn more about your options? Read this article that spells out exactly what they are and who should consider each one. Ready to Form an LLC or Incorporate a Business? Here are Your Options.
Think an online incorporation service sounds right for you? Click on this link to learn more about what they can do for you.
How to form an LLC or Incorporate a Business Online
by: Scott Weddle