LLCs, Corporations, Registered Agents
and Corporate Headquarters for New Businesses
So, you have decided to start a new business. Congratulations! Now you have many decisions to make, plans to write, and actions to take before you even think about making your first sale. All successful businesses need a solid foundation.
One of the most critical decisions in creating this strong base is determining the most appropriate business structure for your new company. Do you want to be a Sole Proprietor, a Partnership, an LLC or a Corporation? ˙If you want to protect your personal assets such as your home, car and savings, then a Sole Proprietorship or a Partnership may not be your best options. Choosing an LLC or Corporation can help you put a "Corporate Shield" between your company liabilities and all your personal assets.
Doing business as an LLC, C-Corporation or S-Corporation is normally a good idea for entrepreneurs starting a new business. Your decision can be the result of consulting with an attorney or accountant, as each entity has a different impact on tax planning, asset protection strategies and business management. One thing is certain. Simply filing the formation documents with the appropriate State agency may not be enough to establish and maintain the protections associated with LLCs and Corporations. There are important processes and documents essential to forming and maintaining your Corporate Shield. In addition to the State filings, you will need your internal Organizational Documents. These are all critical elements of a well run business.
Regardless of the form of business you choose or the State where you form it, you will need a Registered Agent available to receive "Service of Process" in the event that your company is named in a lawsuit. Each state has specific restrictions, rules and regulations regarding Registered Agents.
Who you choose to facilitate your formation process is also an important decision. Not all companies provide the same level or quality of service. At RoninSoft, we have identified a company that we feel confident will provide you with an exceptional level of service and a comprehensive solution. As a resource for all your business formation, Registered Agent and company maintenance needs, we are pleased to recommend CenterPoint Corporate Services, Inc.
