Expanding a Small Business to Another State: What You Need to Know

Extending your small business’s presence across state lines can help your company reach new markets, grow revenue, and boost profits. But how do you expand a small business into another state? And what’s involved in operating a business in multiple states? There are some filing requirements to operate in other states legally and tax-related [...] The post Expanding a Small Business to Another State: What You Need to Know appeared first on CorpNet.
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10 Legal Documents You Must Have to Start a Small Business

If starting a new business is on your 2022 New Year’s resolution list, we’re here to help you begin on the right (and legal) path.Here are 10 must-have legal documents you need to start a new business.1. Business PlanTechnically, a business plan is not a “legal” document, nor is it required to start a business, [...] The post 10 Legal Documents You Must Have to Start a Small Business appeared first on CorpNet.
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Meet the Visionary Behind CorpNet: Phil Akalp, Founder & CTO

CorpNet could never have achieved what we have without our exceptional team members! We’ve recently created several videos to give you a glimpse behind the scenes of our company and allow you to get to know some of the people responsible for guiding our business and fulfilling our vision. In [...] The post Meet the Visionary Behind CorpNet: Phil Akalp, Founder & CTO appeared first on CorpNet.
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How Do LLC Owners Get Paid?

As a small business owner, how you pay yourself depends on your business’s legal structure and how you elect to pay taxes. The Limited Liability Company (LLC) is a popular legal entity offering liability protection to its owners (called members), simple compliance requirements, and tax flexibility. In fact, tax flexibility is one of the [...] The post How Do LLC Owners Get Paid? appeared first on CorpNet.
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How to Draft Meeting Minutes in the New Year

Along with other annual business compliance responsibilities, corporations (and sometimes LLCs) must hold various meetings and record minutes from those meetings. With the new year ahead, new entrepreneurs and existing business owners need to make sure they understand their responsibility to hold annual meetings and draft meeting minutes. Meetings that Require Keeping Minutes Corporate [...] The post How to Draft Meeting Minutes in the New Year appeared first on CorpNet.
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DBA vs. LLC: What’s the Difference?

Do you need a DBA or LLC? While that question may sound like an alphabetically infused riddle, it is an important question many new business owners ask. Fortunately, the answer to that question is not puzzling after you have some basic information about what those acronyms mean and how they may impact a business. [...] The post DBA vs. LLC: What’s the Difference? appeared first on CorpNet.
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How Often Does an LLC Pay Taxes?

If you’re considering starting a Limited Liability Company (LLC) or restructuring your business as an LLC, it’s important to know how often an LLC pays taxes and how to file business taxes for an LLC. As an LLC, your company benefits from receiving personal liability protection without the compliance formalities required of a C [...] The post How Often Does an LLC Pay Taxes? appeared first on CorpNet.
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