Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Friday, September 20, 2013

FREE Tools to Determine the Business Structure of Your New Business

A message from the CEO of CorpNet talks about the company helping small business owners to start their business, using the best business structure, with the least amount of taxes.

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CorpNet Rolls Out Complimentary Business Consultations for small business
owners and entrepreneurs interested in starting a business!

Our new service is designed to help guide small business owners through some of
the common questions associated with starting and running a business.

We are offering a no-cost complimentary phone business consultations to help
answer common questions that entrepreneurs and small business owners have
related to starting and running their business.

Web visitors can simply click on “Free Business Consultation” from CorpNet.com’s
home page to request their personal phone consultation with one of CorpNet’s
tenured business start up specialists.

“This year, our goal has been to provide our small business clients with a
wealth of free resources to help them incorporate online and build a successful
business. While we offer how-to videos, free guides, and helpful articles on our
website, we know that sometimes you just want to talk one-on-one with an expert.
And that’s exactly what you can schedule with a free business consultation,”
said Nellie Akalp, CorpNet's co-founder and CEO. 

Common questions that the phone consultations can help with include: How can I
open a corporate bank account? How long before my business in incorporated? Can
I be incorporated as of today? When is my annual report due? How can I operate
under different business names?

The business consultations are part of CorpNet’s overall strategy to develop
free, value-add tools for its clients and the small business community. Other
tools available at CorpNet include a Business Structure Wizard, B.I.Z. (a
free corporate compliance concierge tool), free meeting minute templates, and
numerous free guides on starting and growing a business.

CorpNet has helped more than 10,000 businesses form since 2009, helping
small businesses across the country form an LLC or Corporation, file a DBA, keep
their business compliant, and more. The company has made a name for itself for
its personal touch, fast and reliable services, and flexible packages that meet
the needs and budget of any entrepreneur and business.

Nellie Akalp, Chairman, President & CEO
CorpNet Incorporation Services

Monday, May 6, 2013

Working Capital for Small Businesses

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Sunday, April 28, 2013

Need Working Capital, No Credit and No Where to Go?


Do you have Invoices? Or Not.

If you have Invoices, you have working capital.  Use your Invoices to gain access to immediate working capital without a credit check, financial statements or long drawn out procedures.

It’s called Accounts Receivable Finances or Factoring.  This is when a Lender trades the payment of your Invoices for actual working capital.  Lenders usually will direct deposit the money into your business checking account with a couple days after completing the two page application which ask who owes you and how much do they owe you and when do you expect your client to pay.

A rate is determine for the use of the working capital based on how much your total Invoices are, how long it will take your client to pay the Invoices and if your client is credit worthy.  (Usually between 1.5 and 3.5% of the total amount of the Invoices)  Rates are slightly higher for Construction Invoices and Health Care Invoices.   (Only commercial construction Invoices are acceptable)

If you need funding, like yesterday, complete the secure six question online short app and I will search out a Lender for you immediately.  All of our Lenders are qualified to work with Government, State, City, County and Corporate Invoices.  Click here for the Invoice Line of Credit
 
If you don't have Invoices, yet need to borrow money for your business check out Cash Advancement Loans for Business; loan decision based on your bank statements, not your credit. 

Monday, October 1, 2012

Invoice Lines of Credit for Manufacturing Companies

Every day there is news of pending manufacturing contract that are either existing or being moved back to the United States.  There are strong currents working to build the country up with manufacturing being a focal point for stabilization, jobs and job security for America.

Manufacturing companies like most small to medium size businesses are not immune to cash flow issues, especially when growth for the company is at stake.  America and manufacturing companies must hold hands in order to overcome the economic concerns of today.

Manufacturing companies must often times provide the up front cash investment to build and or manufacture items before delivering to the client, for payment in 30 to 60 days. Some manufacturing companies are asking for small amounts of cash up front in order to reduce the cost of tooling up, material purchases and man power needed to deliver on a huge manufacturing order.

But for the most part, as usual, the manufacturing company has to invest in the initial cost to complete the manufacturing contract.

For many years manufacturing companies have done what you call "factoring" their invoices.  This is when the company turns its invoices into cash, in order to pay immediate expenses, until their client pays the Invoices.  This transaction can also be called, Accounts Receivable Funding, Factoring, and Invoice Lines of Credit.  Regardless of what you call the transaction, it involves relieving the cash flow stress, by providing immediate cash, without incurring debt.

This is what we do.  We place manufacturing companies with lenders who charges a fee (usually between 1.5% to 3.5% of the total invoice amount) to provide immediate working capital.  This transaction becomes an Invoice Line of Credit, based on the cash infusion into your business bank account based upon approved Invoices.

In most cases the funding occurs within 24 to 48 hours, sometimes a little longer.  The manufacturing companies credit ratings is rarely an issue, it's the credit rating of the customer (company who is paying the invoice) that is important.

To learn more about Invoice Lines of Credit for manufacturing companies, please fill out a six question app and we will locate you a Lender as quickly as possible.  Invoice Lines of Credit, funding placement.  There is no fee for our service.  Government Invoices are welcome, takes slightly longer for funding.

Thursday, August 16, 2012

Tax Lopphole #21


Tax Loophole #21
A loss from one business will reduce your profit from another business!  Form 1040 Schedule C

Comming Soon, before November 1, 2012 $1.99 for Twenty One Major Tax Loopholes, on your nearest Amazon dot com store. 

Monday, August 13, 2012

Using Invoice Lines of Credit to Get Your Invoices Discounted


Cash discounts are amounts your suppliers let you deduct from your purchase invoices for prompt payments.  In order to take advantages of these cash discounts, a company must have a positive cash flow in order to pay all expenses which occur before another Invoice is paid.

Some companies who don't have a problem with this process and can pay all expenses in advance.  Other companies due to the economy, higher cost of materials and a vast number of other reasons, at some point during the year may not be cash flow positive.

Accounts Receivable Funding eliminates this problem and allows a company to control the cash flow on, a month to month bases, without incurring more debt and filling out a mountain of papers for a Line of Credit at the bank.

Invoice Lines of Credit are usually made without regard to your credit.  However, the company who owes you is the credit whoes credit is of importance to an Accounts Receivable Lender.
If you are in need of an Industry Leader in Invoice Lines of Credit, visit AR Business Funding for more information

Monday, July 30, 2012

Business Funding - Factoring Your Way Out of Debt

Factoring is the transaction of turning your Invoices into working capital within days or hours after you Invoice a client.  It is one of the best ways to create working capital, without incurring debt.

It simple, easy and fairly safe.  In most cases the Lender takes the risk.  And they are experts at knowing who to factor and who not to touch. 

Online it appears that Lenders are a dime a dozen, however, this is not true.  There are a certain number of brokers who have their own corporation and refer business owners to Lenders.  Then there are those of us, who do not charge a fee for our services and we place you with a reputable Lender within hours, at no cost to you.

We know who can purchase your Invoices within 48 hours and and low rates.  We know which Lenders work well with Government Invoices as well as Corporate, State and Utility Invoices.  In order words, we know where the money is, how much it cost, and what you need to do to get funded, based on your industry, location and amount of Invoices, and most importantly, who your customer is.

Factoring or Accounts Receivable Financing is based on your customers credit, not yours.  And that is another reason that factoring is so popular amount a select few.  Usually the Lenders will say, "No Financials Required"  - this means no credit scores!  It's like a business loan, and your Invoices are held as collateral 

Those who have factored off and on over the years, understand that the fees that the Lender charges them for "money" is 100 per cent tax deductible.  So at the end of the year, the Department of Treasury helps to underwrite the cost of you creating working capital in order for your business to grow.

Often times, the companies who are factoring, have excellent credit and they keep it that way by paying cost immediately and getting discounts.  They understand that some times cash flow get a little tight, especially when the vendor's payment is late and payday is at the end of the week.

Accounts Receivable Financing helps to eliminate the problem, and allow the company to grow without feeling the growing pains. 

To learn more about how a Lender can reduce your cash flow concerns, visit: http://taxeswilltravel.com/Application.htm and complete the six question app/  We will locate you a suitable Lender.
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