The Launch Blog: Expert Advice from the CorpNet Team
Small Business Employee Development: Teach Your Employees a Thing or Two!
While you know the importance of continuing to develop your own knowledge about running a small business, have you given much thought to helping your employees with their own professional development?
The State of Small Business for Women
It seems like no matter how hard women entrepreneurs try, we will never catch up to our male counterparts. Or will we? The state of small businesses owned by women has risen significantly over the past few decades, and seems to be speeding up.
4 Reasons it’s Time to Leave Your Firm (and Start a Business)
In the back of your mind, you’ve been fantasizing about quitting your job and starting a business for years. So why haven’t you done it yet? If any of the following ring true, it’s time to stop dreaming and make that vision of starting a business a reality!
Nonprofits: Making Your Mission Into Your Job
While many entrepreneurs focus on making money, others build a business around a cause. When a cause is so important to you that you want to make it your day job, it’s time to start a nonprofit.
What Successful Entrepreneurs Know (That You Don’t…Yet)
I spend a lot of time reading articles and books written by successful business owners to learn from them. After all, if they share their wisdom, maybe a little of that success will rub off on me! Here are some of their nuggets of wisdom that you can learn a lot from.
Starting an LLC in Georgia: Fees for Forming Your New Business
If you’re looking for a great place to launch a business, why not try Georgia? Forming an LLC in Georgia is a great idea because it’s relatively inexpensive to live and work in this peach of a state.
First, Why an LLC in Georgia is Right For Your Business
We see a ton of CorpNet customers that prefer the flexibility the LLC offers. It’s a bit of a hybrid business structure because it offers the best features of a corporation as well as a limited liability partnership, all the while protecting your personal assets.
Just Starting a Biz? CorpNetNellie’s Top 10 Pieces of Advice
If you’re at the start of your entrepreneurial journey, congratulations. You’ve got a lot of exciting times ahead of you, as well as a lot of lessons to learn. Let me help you get started on the right foot with some advice I’ve learned on my own path to small business ownership.
5 Small Biz Secrets of Success When Your Kids are Home for the Summer
Whether you work from home or run your business elsewhere, having your kids at home for three months can create a logistical problem that can threaten your small business’s productivity during the summer.
Short of closing your business for several months (not happenin’, am I right?), here are a few strategies to help you keep your business booming while still being a kick-butt parent.
5 Tips to Creating Loyal and Long-Term Employees
One of the things that I’m most proud of in running CorpNet is how long our staff has been with us. Many were there at the start. Our turnover is incredibly low. Clearly, we’re doing something right to keep our employees happy! Here are a few of the ways we do that.
Knock Your Next Networking Event Out of the Park with These Tips
All your social media efforts, blogging, and emails might not get you as far as one simple strategy: in-person networking. By building relationships with people in real time, you can pave the way for future sales success.
Still, few people actually master the art of smart networking. I’ve gleaned a few helpful strategies over my years of attending networking events to help you.
Fees for Incorporating by State: Understand Your Costs to Become a Corporation
Here’s a question I get almost daily: what’s the best state to incorporate in?
The second most asked question I get is: “what are the fees for incorporating in [state]?”
It’s interesting that the fees vary so much. For example, to incorporate in Connecticut, it costs $455. That’s on the high end! On the opposite end is Mississippi, at just $50.
How I Make Time for Myself After the Stress of Tax Day
Thank goodness tax time is over, right? I, like most small business owners, find this time of year a bit stressful. So after April 15 passes, I’m all about rejuvenating and recharging my battery.
When you run a business, whether you’re the only staff or you manage a team of ten, it is essential that you make time for yourself. Otherwise, you’re a stressed out ball of tension that puts your business —and your health — in jeopardy.
We’re all in the same boat here, so I thought I’d share how I decompress.
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.
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.
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.
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.
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?
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.
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.
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.
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.
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.
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.
Incorporate a Business: the Best Way to Protect Your Assets and Save Taxes
We’ve written before extensively about all the benefits of incorporating a business, so I thought I’d take a different approach. Let’s look at some scenarios where being incorporated would help you in your small business.
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.
Forming an LLC – Big Benefits for Small Business
When it comes to choosing the right business structure for your business, the LLC is worth consideration. Not only does it make it possible to be a shareholder if you’re not a US citizen, but there’s also no limit to the number of shareholders you can have.
How to Create an LLC
I’m a Senior Document filing expert here at CorpNet.com, and let me tell you: customers frequently come to me because they want to know how to form an LLC.
Now, I’m not sure why, but a lot of new small business owners assume that forming an LLC is a complicated thing. It’s not, actually. But it is one of the best things you can do to protect your personal assets and your business.
7 Places to Find Inspiration for Your Small Biz
Ah, a new year and a fresh start for your business. I’ll admit, sometimes my ideas for CorpNet get a little stale, so I have to look for inspiration to rejuvenate my brain. Here I share five places you, too, can be inspired with creative ingenuity for your brand.
Let’s Make This Year The One We’re Honest With Ourselves as Entrepreneurs
As people -- more specifically as entrepreneurs -- many of us feel obligated to put up a shield to hide what’s really going on. When we’re asked how things are going with our businesses, we’re more inclined to focus on the highlights rather than the brutal truth. That truth might be that we’re working too much and getting sick a lot. Or that business has ground to a halt. Whatever that truth is, we feel it makes us vulnerable, and we feel like that compromises our ability to succeed.
5 Small Biz Excuses That Shouldn’t Follow You into the New Year
Do you ever find yourself blaming everyone around you when things don’t go the way you want in your business? Maybe it’s “the economy” that kept you from hitting your sales numbers this year. Or your lack of employees that had you in the weeds all year. Whatever your favorite excuse, put the the kibosh on it in 2015.
If any of these sound familiar, make a New Year’s resolution to strike them from your vocabulary.