Business incorporation a decade or two ago is a tedious process that businesses often reach bankruptcy before being awarded corporation status. However, recent developments in the business world and the creation of Business Corporation Act make the process quicker and easier. Business journals outline three steps for business incorporation: securing corporate name, submitting required documents, and paying filing dues. These process can be done with the services of your lawyer or you can opt to D-I-Y.
First, secure and ensure a corporate name. Check other businesses’ names before deciding on yours. Business incorporation processes are usually disrupted by businesses filing names already owned by other companies. Also, avoid naming your corporation names that sound and spell like other companies’ names. Not only same sounding names might confuse possible clients, these can also cause your business to be overshadowed by the other company. This is especially true if they have been in the business longer, hence more popular.
Second, prepare all documents pertinent to business incorporation application. File these documents as early as you can for quicker...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
