Category: Business Startup
The name “Franchise Tax” is confusing. It may sound like a tax on a McDonalds or Burger King franchise. However, this is not a tax on franchise businesses. It applies to all businesses. The logic is that this is a tax because the company is organized to do business (or … Read More
Every new entrepreneur gets advice about how to succeed. There are many ways to create a profitable business. There are a few surefire ways to fail. The following are among the most basic, and most fatal errors any new business can make. The bad news is that they will … Read More
Don’t put off starting a new business because you think it involves too much bureaucratic hassle. This is a misconception! In many states throughout the US it is possible to start a company in one day. Here is a list of 5 simple steps to get you started on your … Read More
Delaware corporate law requires that a corporation files a report updating the State on the status of that company. This report is due annually on March 1. The content of this report (specifically the capital structure) dictates how much the company will have to pay in corporate franchise tax. Here … Read More
LLCs are an exciting and relatively new form of business organization in the United States. They are flexible hybrid business entities that combine the protections of a corporation with the features of a partnership/sole proprietorship. Here is a rundown of some of those benefits:
Tax flexibility
LCCs provide a great level of … Read More
Why is Delaware considered to be one of the best jurisdictions in the world to incorporate in? Here are ten reasons why Delaware is so highly regarded by the international business community:
1. No corporate income tax
Businesses that are incorporated in Delaware but do not have a physical presence in the … Read More
Blogging can help almost any business gain exposure without spending a lot of money on marketing. Here are some of the benefits that come from blogging:
Increase the credibility of a business
Business that blog about their products give customers a sense of knowledge about the products for sale on their website. … Read More
Starting an overseas business may seem like an overwhelming task. People who live in countries/jurisdictions with large and difficult bureaucracies might find it hard to believe how easy it is to start a business in Delaware. Incorporating firms in Delaware can have new businesses ready to start operating within one … Read More
Success doesn’t come overnight! You must build your way up to the top with hard work and determination. The journey to growing a successful business is different for every company. However, there are a few aspects that every startup should take into account. Here are some tips to help you … Read More
Once you decide to incorporate in a foreign country, you must be aware of the advantages and disadvantages of the state in question. Non-US entrepreneurs often choose the land of opportunities in matters of incorporating their companies. Here are five things you should know before moving your business offshore.
A … Read More