Filing Services

BusinessWeek has an Article Posted with helpful information regarding the tax implications of choosing S-Corporation or C-Corporation status when forming a new company:

The debate on proposed tax rate increases for the country’s wealthiest people has just begun, and the potential increases would not happen until 2011. Still, tax experts say it is not too early for small business owners to think about defensive strategies. Whether they’re contemplating moving from S-corporation to C-corporation status, accelerating income, or deferring compensation, their decisions should be thought through in the larger context of their business and personal goals, says Lester Law, senior vice president at U.S. Trust’s National Wealth Strategies Group(BAC), in Naples, Fla.

MyNewCompany.com can form a DBA, an S-Corporation, a C-Corporation or an LLC for you using our Company Formation Service. Many of our clients will consult with their tax advisor (CPA, Bookkeeper, etc.) to see which entity type will give them the maximum tax benefits for their individual tax situation before having us form their company. To see the benefits of using our Formation Service instead of an attorney or other filing service you can visit our page “Compare Us to the Competition”.

Small Business Trends has an Article Posted on why now is the perfect time to start a new small business:

It may not seem so smart to start a business in a down economy, but according to Tim, this is actually the best time to do it. Costs are lower, you can get better talent for less, and people are a lot more receptive to entrepreneurs because of the fragile state of things. And don’t tell anyone, but the economy is actually looking up. (Switch that. Tell everyone you know. We need good news.). But even if it wasn’t, starting a business “now” is almost always better than starting it “later”.

Once you take your new idea and turn it into a Business Plan you’re ready to go! MyNewCompany.com’s Formation Services will make starting your new business as easy and hassle-free as possible. Don’t forget to check out our Free Tools and Resources Page for useful information on the process of starting and managing your small business.

Mashable has an enormous list of 270 online tools for businesses. The list includes tools for project management, marketing, invoicing, collaboration and more. Highly recommended.

MyNewCompany.com uses BaseCamp for project management and we highly recommend that as well – there’s a free plan and paid plans start as low as $12/month.

Inc.com has an Article Posted on the process of bringing your idea or product to market:

You’ve got a great idea. But negotiating your way from the invention you first sketch out on a napkin to a successful product can be daunting.

Laying careful groundwork can make all the difference in whether your invention ever makes it to market. “I’m continuously surprised by the number of entrepreneurs who throw a product up on the wall and see if it sticks,’’ says Professor Tim Faley, managing director of the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan.

One of the most important steps in the process of Starting a Business is creating a Business Plan. We have a page about Business Plans that contains many helpful hints and resources for developing your business plan.

Forbes.com has an interesting Article posted listing 7 business ascensions and 7 business tumbles:

To lend some perspective, we assembled some of the most spectacular corporate ascensions and steepest tumbles across an array of industries

One of the best ways to position yourself to take full advantage of opportunities for fast growth is by Automating Your Business. This frees you up to work on business development rather than getting bogged down in the day-to-day operations of your business. MyNewCompany.com has a helpful Resource Page on this topic. Clients utilizing our Formation Services also get access to our New Corporation or New LLC Handbooks (as well as useful business forms) in the “My Account” section of our site, which contain all the information you need to set your company up properly so that you can concentrate on growing your business!