One of the most daunting aspects of doing business as an entrepreneur is coming to the realization that your company is failing and needing to decide whether to salvage or close up for good. Business owners must often review their operations to determine how sustainable the business is. When the business is no longer profitable … Continue reading “How to Close a Business: Corporation, LLC or Sole Proprietorship (with Checklist)”
Read MoreHistory: An Apostille is a certification from a US Federal or State government that allows a document from that office to be accepted in any of the countries that have signed the Apostille Convention adopted on October 5th, 1961. In the United States this typically is the Secretary of State in each US state or the US … Continue reading “How to Get an Apostille (or Certificate of Authentication) for your USA Corporation or LLC Documents”
Read MoreMyCompanyWorks would like to introduce our newest exclusive product: The Startup Wizard. The Startup Wizard is like a startup checklist on steroids and is personalized to your specific business entity type and state. We used to provide our clients with a state-specific checklist in PDF format that shows them all of the “post-formation” tasks they … Continue reading “Introducing the Startup Wizard”
Read MoreUrgent Alert for Clients with Nevada Corporations: Additional State Fees Effective July 1st Dear Clients, MyNewCompany.com, Inc. has been notified by the Nevada Secretary of State of two fee increases that were recently jammed through the legislature and signed by our Governor via Senate Bill 483 (we’ve only been notified within the past few weeks … Continue reading “Urgent Alert for Nevada Corporations”
Read MoreMaintaining a minute book for LLC or Corporation compliance is an essential function that begins with being organized. Ultimately, it’s a job that starts with you, your company’s owner, secretary or shareholders—and it doesn’t have to be difficult or complicated. One compliance task you can easily manage without having to meet a deadline or pay … Continue reading “Organize Your Minute Book for LLC or Corporation”
Read MoreMaintaining corporate compliance is an important task that you as a small business owner can accomplish by simply staying organized and keeping current with recurring tasks such as holding annual meetings and paying your taxes. Most companies are in fact required by law to fulfill certain tasks on a regular basis and company owners can … Continue reading “How to Keep Your Corporation or LLC Compliant”
Read MoreOur main business is forming LLC’s and Corporations so we’ve seen how an LLC formation can go wrong in many ways. Here are a few we’ve encountered (and sometimes had to clean up either from people or our competitor’s clients): I filed it myself! – I think the Do-It-Yourself mentality is crucial for a startup with … Continue reading “How to Mess Up Your LLC Formation”
Read MoreMeeting minutes are the official corporate record for required Annual Shareholders and Directors meetings, or Annual Meetings for short. Each year on the date determined in the corporation’s Corporate Bylaws, the company must hold this meeting to elect or re-elect Directors for the next year and to discuss any business affecting shareholders and the direction … Continue reading “Hold an Annual Shareholders and Directors Meeting with Meeting Minutes”
Read MoreThere might be times during the year when you need to hold a company board meeting, or Directors meeting, to resolve pending company issues. If you need to make changes that affect financial management or business ownership, you might have to update Company Articles or Corporate Bylaws. Holding an official board meeting ensures that owners … Continue reading “How to Hold a Board Meeting: Tips for Corporations, LLC Meeting Minutes, and More”
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