Why form a B-Corporation?
- Published: Saturday, 26 September 2015 12:21
- Written by Super User
- Hits: 4535
Chances are you've considered the key benefits of forming a B-Corporation:
- Secure your personal assets through liability protection
- Unlike traditional corporations, B-Corporations have an have an underlying purpose of meeting social and environmental goals, and committing to higher standards of purpose, transparency and accountability.
- Provide for the issuance of stock in your company
- Most B-corporations strive to have higher accountability and seek to build growth from the underlying business purpose of supporting sustainability
- Establish credibility with customers
What is the difference between being a B-Corporation and a Non-Profit Corporation?
Unlike non-profits, benefit corporations are for-profit entities and therefore do not offer the same tax advantages as a nonprofit. Both nonprofits and benefit corporations aim to make a positive impact on society and the environment. But benefit corporations conduct business activities that presume a return on investments, while non-profits seek charitable donations to fund their business practices. Nonprofits cannot become benefit corporations but a nonprofit may create a benefit corporation as a vehicle for conducting and scaling the earned-income activities of the nonprofit.
File a B-Corporation With MyCorporation Today by Calling Us
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"This is my first experience with setting up an LLC (or any type of company), so I did not know what to expect. Your website walked me through the process and it was very easy"
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- Category: Uncategorised
Why form an LLC?
- Published: Saturday, 26 September 2015 11:38
- Written by Super User
- Hits: 5052
Chances are you've considered the key benefits of forming a limited liability company (LLC):
- Secure your personal assets through Liability protection
- Deduct certain expenses
- Reduce audit risk
But you have a company to manage, and forming an LLC takes time.
Let MyCorporation save you time and hassle when you use our expert document filing services to take this next step.
- We make LLC formation affordable. Our limited liability company (LLC) formation services start at just $69 (plus required government fees). Lawyers charge, on an average, over $200 per hour. With our document filing services, you know exactly what you need, what you are getting and how much it all costs from the very beginning.
- We take the bureaucracy out of forming an LLC. You could file everything yourself, but when you consider the time needed to file, administer and maintain all the documents necessary to keep your business running legitimately, why would you? MyCorporation offers you serious savings when it comes to your time and resources. Once you decide to form an a limited liability company (LLC), simply fill out our online application and we take care of the rest.
- Help is a phone call away. Call one of our business filing experts to walk you through the LLC formation process. Or, simply answer our questionnaire online that walks you through the process step-by-step, and one of our experts will contact you to confirm and track your order. We are an online service, backed by real people.
What our Customers are Saying
"This is my first experience with setting up an LLC (or any type of company), so I did not know what to expect. Your website walked me through the process and it was very easy"
William
"The experience was wonderful and extremely simple using MyCorporation. We really appreciate the fast and easy service they provided for us!"
Phil
- Category: Uncategorised
Demo article
- Published: Wednesday, 06 February 2013 11:12
- Written by Super User
- Hits: 325
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- Category: Uncategorised
Why form an C-Corporation?
- Published: Saturday, 26 September 2015 09:05
- Written by Super User
- Hits: 4898
Chances are you've considered the key benefits of forming a C-Corporation (general for profit corporation):
- Secure your personal assets through liability protection
- Set up a structure so that you can accept money from investors
- Provide for the issuance of stock in your company
- Deduct certain expenses
- Reduce audit risk
- Establish credibility with customers
In summary, a C-Corporation (or C-Corp) has the following benefits:
- A C-Corporation provides liability protection. One of the most important features of a corporation is the separation of the personal assets from those of the business. When someone opens a business, they want to make sure that if credit or debt issues arise or if something happens to the business that this does not impact the individual business owners. You also want to make sure that the liabilities associated with more than one owner do not impact the other owners. Separation of business and personal assets of the owners is critical.
- A C-Corporation provides a structure in which investors can invest capital. Investors, bankers and other parties interested in taking on ownership of your business will likely require that the business be a C-Corporation. This is a structure with which investors and acquirers are familiar. If you anticipate selling ownership in the business or raising capital for your business, a C-Corporation is an entity type you should consider.
- C-Corporations provide a formal structure for your business. When you have a formalized corporate entity with the Articles of Incorporation and relevant corporate paperwork established, it enables the business owners to formally structure the business, establish a framework for the business and maintain the proper documentation in the event of acquisition and third party investors. Establishing the proper corporate structure at the outset sets the business up for long term success.
Incorporate your business today for only $69
What our Customers are Saying
"This is my first experience with setting up an LLC (or any type of company), so I did not know what to expect. Your website walked me through the process and it was very easy"
William
"The experience was wonderful and extremely simple using MyCorporation. We really appreciate the fast and easy service they provided for us!"
Phil
- Category: Uncategorised