Nellie Akalp shared her thoughts on being a MOMpreneur CEO of CorpNet.com, a mother of four and working with her husband/slash business partner with me on Word of Mom Radio and wanted to share this here on WordofMomRadio.com.
Tips for Incorporating or Forming an LLC
It used to be expensive and time-consuming to incorporate a business or file for an LLC, but this is no longer the case. Unless you have particularly complex business needs (like you have strict requirements for shareholder structure or you’re dealing with millions of dollars up front), you don’t actually need a lawyer to help you incorporate or form an LLC. And that means you don’t have to worry about paying retainer fees or your attorney’s hourly rate – and can put that money toward your business instead.
A reputable online legal filing service such as my company CorpNet.com will file the documentation for you in any state to incorporate a business or form an LLC. While these services can’t give you specific legal advice like an attorney could, they can offer general tips and ensure that all your necessary paperwork is properly completed to avoid any delays in the process.
The bottom line is that incorporating a business or forming an LLC can be pretty painless and affordable. For those of you who cringe at the thought of piles of paperwork, the LLC protects your personal property, without adding too much bureaucracy or paperwork!
Take some time upfront to educate yourself on forming an LLC or Corporation. After all, both you and your business are worth it. Most importantly, don’t forget to celebrate each accomplishment, no matter how small. A little pat on the back can go a long way to keeping you inspired. As a small business owner, you’ve got an exiting journey ahead of you; don’t forget to enjoy the ride!
Nellie Akalp is a passionate MOMpreneur, small business advocate and mother of four. Balancing being a mom, CEO of CorpNet.com and maintaining a healthy relationship with her husband and business partner of 15 years, she has helped form more than 100,000 corporations and LLC’s across the US . This work solidifies her passion to assist small business owners and MOMpreneurs in starting and protecting their businesses the right way.