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  • Don’t Be Spooked by Your Annual Business Review!
    For many small business owners, 2020 was anything but typical. This year (more than ever), we wanted to remind you of the positive changes that conducting an annual business review can bring to your company. What is an annual business review? You might think this is the annual report corporations and limited liability companies [...] […]
  • Business Closures, Dissolutions, and Withdrawals
    It has been a rough year for businesses across the country, but especially so for small businesses. According to recent Yelp data, 60% of business closures due to the coronavirus pandemic are permanent. Companies of all sizes have had to close some or many of their locations. Has your business suffered losses this year? [...] […]
  • Business Name Vs. Trademark
    What’s the Difference Between a Registered Business Name and a Trademark? One of the first decisions new entrepreneurs make is what they will call their business. A lot, including brand recognition, rides on a business name, so naturally, it’s something business owners want to consider carefully. On occasion, people have asked me how a [...] […]
  • The What, Why, and How of Incorporating Out of State
    A lot of entrepreneurs wonder what state should be used to incorporate a new business. Is it their own state or maybe another state like Delaware or Nevada? There is no easy answer to that question, however, there are definite benefits for some businesses to incorporate in states other than where they conduct business. [...] […]
  • What You Need to Know About Collecting Sales Tax
    Before a retailer or service provider can open for business, they first must get approval from the state for sales tax registration. Not all states charge sales tax, and not all products and services are taxable, so it’s essential to learn the facts before you find yourself in compliance hot water. Here’s what to [...] […]
  • Payroll Taxes 101
    Whether you’re a sole proprietor and your company’s only employee, or a corporation with 40 employees, you are responsible for collecting and paying employment taxes to federal and state tax agencies. However, while federal payroll taxes are the same no matter where your business is located, state employment taxes differ according to income tax [...] […]
  • Seven Steps to Creating a Business Emergency Preparedness Checklist
    It's an understatement to say that 2020 has been a tumultuous year. Nearly every business has felt the pandemic's economic effects, and many have faced natural disasters (such as hurricanes, tornadoes, and wildfires). With CorpNet's location in southern California, I relate first-hand to the challenges that entrepreneurs have faced. Our office had to temporarily [...] […]
  • CorpNet Named to Inc. 5000 List for 2020
    CorpNet is proud to announce that it has made Inc. Magazine’s prestigious “Inc. 5000” list for 2020. As an Inc. 5000 honoree, we have been recognized as one of the fastest-growing private companies in America. During a stretch when the economy grew only 15 percent, CorpNet achieved 58 percent revenue growth over the past [...] […]
  • How to Legally Start a Food Truck Business
    According to IBISWorld, the food truck industry has 25,476 businesses in 2020. Growth in the industry from 2015 to 2020 averaged 8.7 percent. With the COVID-19 crisis a reality now, arguably, the food truck industry may be better suited than brick and mortar restaurants to navigate the challenges. With more people consuming take-out food [...] […]
  • 7 Ways Your Business Can Crush It During COVID-19
    Every business owner hopes to reach the peak of business success. You know, when you’re just crushing it—when smooth operations and growing profits allow you to breathe a satisfied sigh of contentment and pride. This year that feeling may seem farther from your reach than ever. A slower economy and a world trapped in [...] […]

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