Funding your company can be difficult as a new LLC or corporation because you don’t have a financial history for potential lenders to make a lending decision from. Instead, you’ve got to find creative ways to fund your company in order to get the capital you may need to either launch or grow your business. … Continue reading “Funding Your Company: Top 9 Ways to Finance Your LLC or Corporation”
Read MoreYou want to protect yourself and run your business in the easiest way possible. A good way to ensure this is to think carefully about which state you’ll incorporate in. In this article, I’ll share insight regarding how to incorporate your business somewhere other than your home state and why it might be beneficial for … Continue reading “Why Incorporate Your Business in a Different State”
Read MoreThe new tax law, called the “Tax Cut and Jobs Act” (TCJA), was signed into law on December 22, 2017 and is the largest overhaul of the US tax system since 1986. The bill is huge, and actually, in our opinion, makes many aspects of the tax code more complex rather than simpler. Some of … Continue reading “How the New 2018 Tax Law affects Small Business Owners”
Read MoreWith the highest urban population in the United States and the densest system of highways and railroads, New Jersey is pretty much the promised land for any startup that requires an urban focus. It’s got a strong healthcare and manufacturing sector, and its transportation and technology industries are both booming.
Read MoreNicknamed “The Diamond State,” Delaware is known in the startup community for its extremely business-friendly corporate laws. Its neighboring states know it as “the home of tax-free shopping,” and it’s got a thriving tourism industry – one of the most successful in the It’s also the second-smallest state in the country, with a total land … Continue reading “The Biggest Challenge You’ll Face When Starting a Business in Delaware”
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 MoreSo, you want to incorporate your startup? Make sure you take a look at this checklist first – if you forget any of these items, you could be in trouble. There are plenty of reasons to incorporate your business – but there are also plenty of reasons you might want to hold off doing so, … Continue reading “Five Things You Need Before Incorporating Your Business”
Read MoreIf you’re thinking about incorporating or forming your LLC in Wyoming or Delaware, you might be wondering which state to choose and why. Both offer a “business-friendly” environment but each has different benefits–and drawbacks–depending on factors such as your type of entity, your industry and the size of your company. For example, many larger corporations … Continue reading “Incorporate or Form an LLC: Wyoming vs. Delaware”
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”
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