MyCorporation

59 posts
MyCorporation is a leader in online legal filing services for entrepreneurs and businesses, providing startup bundles that include corporation and LLC formation, registered agent, DBA and trademark & copyright filing services. MyCorporation does all the work, making the business formation and maintenance quick and painless, so business owners can focus on what they do best. Visit us at MyCorporation.com and give us a call at 1-877-692-6772 so we can assist you with incorporating your small business.
ideal customer
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4 Tips on How to Identify and Attract Your Ideal Customer

One of the keys to successfully scaling a business is being able to find and identify your ideal customer. You might already have some insight into who this customer is through your business plan. A traditional business plan will outline its target audience through a market analysis. Using Census data, a small business can learn...
entities for incorporation
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Ready to Exit Sole Proprietor Status? Consider These 4 Entities for Incorporation

A new year means a clean slate for business. If your business is still in sole proprietor status, now is the perfect time to start thinking about incorporating as a registered entity formation. What registered entities should entrepreneurs incorporate as? Here are a few popular options for entrepreneurs planning to exit sole proprietor status. Limited...
rewards-based or equity crowdfunding
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Rewards-Based or Equity Crowdfunding: Which is Best for My Business?

One of the most popular methods of fundraising for a startup is the use of crowdfunding platforms. With crowdfunding, people choose to make a donation through an approved funding platform to help raise money for a specific venture or project. If you're considering crowdfunding, it's important to have an understanding of the various models available...
LLC or PLLC
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Should Entrepreneurs Incorporate as an LLC or PLLC?

Entrepreneurs who choose to incorporate as a limited liability company (LLC) may pause when they realize there is a secondary option available known as a professional LLC (PLLC). What is a PLLC? How does it differ from an LLC? Which is the best option to incorporate a business? Let’s explore the differences between the entities...
brick-and-mortar
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Websites Are Critical For Brick-and-Mortar Storefronts

How many small businesses have websites? A recent Fit Small Business roundup on website statistics reveals that 71% of small businesses have a website. This is a substantial amount of growth from 2018 where statistics showed only 50% of small businesses had created their own websites. The uptick in overall small business websites may be...
financing request
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4 Tips for Writing a Standout Business Plan Financing Request

One of the most important elements of a business plan is a financing request, or the amount of funding your business is requesting of potential investors. Many entrepreneurs may worry they are asking for too much money, while others may not feel totally certain about the future of their company, especially nowadays. This leaves the...
business insurance
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6 Types of Business Insurance That Protect Small Businesses

Why do small businesses need insurance? The answer is protection. The right insurance coverage helps protect your business and acts as a safeguard against potential risks and losses across a wide range of scenarios including bodily injuries and property damage. How do you know which insurance policies your business needs? Generally, coverage tends to vary...
assets-to-start-business.png
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8 Assets Entrepreneurs Need to Start a Business

One of the most common questions entrepreneurs ask as they start their business is what comes next. You have a great idea and draft a business plan that establishes a timeline of goals you plan to reach. The next step is to start working to reach these goals and milestones. As your business begins to...
partnership structures
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Forming a Partnership? Check Out These 4 Partnership Structures

Did you know there are several partnership structures you can choose from when forming a partnership Partnerships are a popular business structure to form if you plan to go into business with another person. You might choose a trusted family member, friend, colleague or even a mentor. Two or more people enter into a partnership...
linkedin company page
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5 Tricks That Will Boost Your LinkedIn Company Page

How often do you update your LinkedIn company page? Many successful entrepreneurs utilize the professional networking platform to show off the best of what their business has to offer, from sharing job openings to posting videos about their products and offerings. Other novice business owners may not utilize their company LinkedIn page as frequently —...
domain name
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5 Steps for Choosing the Perfect E-Commerce Domain Name

Just over half of small business owners are now doing business online, and aspiring and new entrepreneurs who are looking to start an e-commerce business must pick a powerful domain name from the start. VeriSign’s 2020 Domain Name Industry brief reported 366.3 million domain names were registered across top-level domains (TLDs) by the close of...
s corporation
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3 Key Benefits of an S Corporation Election

The deadline for S Corporations to file their annual tax returns is March 15, which means businesses with an S Corp election need to file Form 1120S and Schedule K-1. These forms, respectively, outline the financial activity of the S Corp in the last calendar year and detail the share of income, deductions and credits...
freelance business
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3 Ways to Protect Your Freelance Business

What does the state of freelancing look like in the U.S.? According to a report from online freelance marketplace Freelancer, freelance job openings increased over 25% between the months of April through June 2020. This study revealed that, in a COVID-19 landscape as well as post-COVID landscape, the state of work and how we work...
flexible business plan
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How to Create a Flexible Business Plan for 2021

One of the key documents for starting a business is a business plan. A business plan acts as the foundation of your new company and is often used for loan applications. If you're looking for investment capital, it’s an important document for investors to review to learn more about your company. 2020 was a challenging...
startup lessons
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3 Vital Startup Lessons Learned From the COVID-19 Pandemic

What will you remember most when you look back on 2020? While all of our stories are different, if you were an entrepreneur or small business owner, you may remember this year as one full of great changes in business and leadership due to the COVID-19 pandemic. And while there is never an ideal time...
main street
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5 Must-Haves for Starting a Main Street Business

Startups and small businesses have been the silver lining in a year as chaotic and unprecedented as 2020. Amid the COVID-19 pandemic, many individuals have realized that the time to start a business is now and are embracing their inner entrepreneur by starting a business. While so many of these businesses are based online, through...
save money pandemic
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4 Ways Startups Can Save Money During the Pandemic

Amid the COVID-19 pandemic, many startups have successfully pivoted their business models to accommodate customers and keep their doors open. These same businesses are also keeping a watchful eye on their expenses and finding new ways to save money. Saving money during the pandemic ensures more than the company’s survival. It also keeps employees from...
pop-up retail
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What Makes Pop-Up Retail a Viable Option During a Pandemic?

Traditionally, when we think of starting a business, we tend to consider a handful of options. There’s the brick-and-mortar storefront, or online visibility through e-commerce storefronts hosted on platforms like Shopify or Etsy. What about the pop-up shop? Pop-up shops are often referred to as "temporary" retail spaces. Many are seasonal storefronts that show up...
B Corporation
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Why a Certified B Corporation is the Secret to a Sustainable Business

In 2019, the Business Roundtable issued an open letter called “Statement on the Purpose of a Corporation,” in which 181 CEOs signed the letter, stating that they pledged to lead their companies to the benefit of all stakeholders. Who makes up all stakeholders? This group compromises more than just a corporation’s shareholders; it also includes...