Corporation Help Guides

Do I have to file the articles of incorporation in person?
Very few states require that the articles of incorporation be filed in person, and even then, it is only required in a few states for those who wish to expedite the filing time. These days most states accept the articles of incorporation via mail or fax, and many are also now offering online filing portals....
What are meeting minutes?
Meeting minutes are used to record all items discussed and resolutions passed at board meetings. Maintaining these records is much more than a mundane formality. Minutes play an important function in helping the business show how important decisions were made and which members voted for what. Corporations are required to keep these records in order...
What is an EIN and do I need one?
“EIN” stands for Employer Identification Number and is required by the IRS for tax identification purposes for any business with employees as well as businesses falling under a few other categories. Specifically, the IRS requires that a business obtain an EIN if it: has employees; operates as a corporation or partnership; withholds taxes on income o...
Lawsuits and Judgments for Each Business Structure
Legal proceedings can be very intimidating for businesses, especially for those who are unprepared. A lawsuit and a settlement or judgment looks slightly different for each business structure. It will also vary depending on the nature of the claim, whether you have insurance, and who is asserting the lawsuit. Planning ahead can save you and your bus...
Licenses and Permits You Might Need to Start a Business
Once you get the most common business licenses, including your occupational license, you need to look at other permits and licenses you may need for your specific business. Certain types of businesses will need more licenses and permits. In the excitement and stress of setting up a business, it is easy to forget one of the many licenses and permits...
10 Reasons Why Articles of Incorporation Are Rejected
If you are interested in forming an S corp or C corp, you will not get far without filing articles of incorporation. Sometimes referred to as a corporate charter, this critical document establishes your business as an official corporate entity. Valid articles of incorporation outline essential information such as the company's name, where it is base...
Common Mistakes Family-Owned Businesses Make
According to the Conway Center for Family Business, the majority of United States businesses are family owned; upwards of 80 percent of businesses are family based. Even big businesses like Ford, Marriot, and Walmart are family held. These family-based businesses do more than just keep everyone employed and prospering; they also account for about 60...
Succession Planning: What Owners of Small Businesses Need to Know
You have probably heard about using a will or other estate planning tool to protect your family, but what about your business? Small businesses rely heavily on their owners, and the unexpected death of a business partner could leave a key role unfilled. Without a succession plan in place stating who should take over, the business may be at risk of c...
What to Look For in a Business Loan
If you are a business owner, or planning on starting a new business, then at some time during the life of your business you will likely need a loan. Whether the funds are needed to pay for your startup costs, to finance an expansion of your business, invest in inventory, buy new equipment, or for any other reason, there are many options for you. Vie...
How Do I Decide Which Business Entity Is Right For Me?
You are ready to embrace the entrepreneurial life. This is an exciting time—but also one of uncertainty. Before you proceed with an LLC operating agreement or articles of incorporation, you will need to make arguably the most important decision of all: business entity classification. From sole proprietorship to C corp, options abound. Tread carefull...