50 States of Incorporation: Tennessee

incorporate in tennesseeHome to the late, great Elvis Presley and The Great Smoky Mountains, this week we’re taking a look at what it means to incorporate in Tennessee.

If you’re planning to start a business in the agriculture, manufacturing, or tourism industries, Tennessee might just be the place for you! You have the Great Smoky Mountains to thank for that – being one of the nation’s most visited national parks makes Tennessee a great spot for all things tourism. Companies including Ruby Tuesday, Saturn Corporation, and Eastman Chemical Company all call the state home to their headquarters as well.

Forbes has the state ranked at 15 out of their best states for business list, noted for its excellence in having a pro-business regulatory climate. Thumbtack.com also has Tennessee ranked with a positive B+. The state scored high in ease of starting a business, hiring and regulations, health and safety, employment, tax code, licensing, environmental, zoning, and networking. With grades like that, Tennessee passes with flying colors!

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FREE Incorporation or LLC Formation! Today Only!*

If it’s April 15th, it must be Tax Day. Not exactly the most exciting day on the calendar. But what if we told you that, for today only, we would help you form your own LLC or incorporate FOR FREE!

incorporate for free

Today marks MyCorporation’s third year running offering new entrepreneurs the chance to form an LLC or incorporate for free! All you have to do is use the coupon code MYFREE at checkout, and you’ll get our basic $69 LLC or Corporate Formation package for free – all you have to pay are the state fees!

As many of you may know, incorporating your business or forming an LLC comes with plenty of benefits. Not only can the right business entity help you save on taxes, but incorporation and LLC formation both add an extra layer of protection to your personal and professional assets, and gives your business an added air of legitimacy.

Normally priced at $69, our basic bundle includes an incorporation or LLC with a name check, document preparation and filing, a free domain name, annual report and registered agent services, and QuickBooks Simple Start! So if you’ve ever thought about starting an LLC or corporation, now is your chance to form an LLC or incorporate for free!

Remember that the coupon code for the Free Day promotion is MYFREE. Visit MyCorporation.com between 12 AM PST to 11:59 PM PST on April 15th and get started by answering a few simple questions about your business. MyCorporation customer care representatives will also be available from 6 AM PST to 6 PM PST on April 15th. Just give us a call at 1 (877) 692-6772!

*’Free Day’ offer only redeemable on April 15th, 2014, between 12 AM PST and 11:59 PM PST. Offer is solely for MyCorporation’s Basic Incorporation or LLC formation package, normally priced at $69. One offer redeemable per customer. Customer retains responsibility for paying any applicable state and federal fees.

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Missing Leads? Tech Aids Can Help

Missing Leads? Tech Aids Can HelpOne of the most frustrating parts of small businesses is the knowledge that it’s nearly impossible to catch every lead. Anything from missing a phone call or an opportunity for easy sharing, to not catching what could be lucrative deals – or worse, losing business to a competitor – can have you scrambling for better customer service solutions.

Unfortunately, you can’t constantly be on the phone or online 24/7, so you’ll need a little help. That’s where tech aids, who can help turn your small business into a lead generating machine, enter the picture. Avoid missing lucrative deals and customer service opportunities by turning to net services and tech solutions to help you catch every lead that comes through.

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Thinking Outside of the “In” Box

marketingEach year, businesses all over the world push to find new ways of reaching new clients, making sales, and increasing revenue. While it appears that some marketing strategies have proven to be more effective than others, one thing is for certain: email will always be a part of any solid business marketing strategy, as it easily correlates to mass mailer marketing and other traditional business outreach methods.

However, because email is such a popular method used by nearly every industry, the positive effects begin to dwindle. Users who subscribe to e-newsletters and email marketing voluntarily will always be there, but those that businesses are attempting to reach for the first time have become numb to the mass mailing stimulus, and have learned to tune it out similar to the decreasing effectiveness of television commercials.

Fortunately, for businesses looking to reach out to new customers, part of the problem is also the ideal solution, and that comes in the form of social networking.

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50 States of Incorporation: South Carolina

This week on 50 States of Incorporation, we take a look at ‘The Palmetto State,’ South Carolina! Also know as ‘The Rice State’ and ‘The Swamp State,’ South Carolina’s official nickname comes from the state tree, the Sabal Palmetto, which distinguished itself during the revolutionary war. It was a fort made of Palmetto logs that repulsed the British fleet from Sullivan’s Island back in 1776! incorporate in South Carolina But South Carolina has a lot more to offer than strategically useful flora. Though it was hit hard by the recession, its strong agricultural heritage, and the state’s friendly attitude towards business, has really boosted its recovery. So what should South Carolinian entrepreneurs know about their state? And what does it take to open up a business and incorporate in South Carolina?

Are there any benefits to running a business in South Carolina?
Plenty! South Carolina is actually one of the most business-friendly states in the USA. Thumbtack gave the state an A- in overall friendliness, and South Carolina has the tenth lowest tax burden of all states. It also makes sense to incorporate in South Carolina as the state boasts a low, 5% flat corporate income tax rate. Of course, South Carolina does all it can to help small businesses within the state. The South Carolinian Secretary of State’s office maintains a Small Business One-Stop Site to help new entrepreneurs find and file for everything they need to get their business up and running, and the Department of Commerce is proud to offer multiple growth incentives to businesses with the state.

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The Recipe for Baking a Strategic SEO Cake for Business

The Recipe for Baking a Strategic SEO Cake For Business Most business owners are well aware of what content marketing is. Fresh, engaging content attracts people to your website by encouraging search engines to index it. When users search for information online, your content comes up according to the most relevant search results. With online marketing, the focus has always been on keywords, specifically the words and phrases people enter into search engines to find you online. Although these keywords are important, the means of targeting these terms has evolved. One reason for this change is the way Google delivers search results using context and user intent, rather than relying on just phrases and keywords for everything.

Understanding Contextual Links

Contextual links are links that you insert into specific words and phrases found in your webpage content. Once a user clicks on the linked keywords, they send them to another website. Contextual links differ from regular links because you use targeted keywords from the actual content of your website, keywords that relate to the website URL of where you want to send your visitors.

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Why You Should Hire an Entrepreneur Instead of a Traditional Manager

How Should Female Managers Review EmployeesFinding the right management team is one of the most challenging aspects of running a business. With current unemployment rates, hiring managers and business owners frequently receive hundreds of replies for a single job advertisement, and it’s hard to identify which applicants will make the largest impact on the company long-term. Rather than hiring employees who have traditional experience, many find that by hiring an entrepreneur with start-up experience, they get the best results.

1) Entrepreneurs understand the importance of the bottom line.

From the very first day at a start-up, entrepreneurs are myopically focused on one thing: increasing the bottom line. They know that each expenditure must positively impact gross revenue while minimizing expenses. More than a traditional employee, entrepreneurs feel the pressure to maximize return on investment and to ensure that every day, their team is focused on creating results rather than looking busy or waiting for sales to walk in the door. This is the top reason to hire an entrepreneur. They are motivated to produce profitable results.

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What Happens After You Incorporate or Form an LLC?

For years, MyCorporation has been honored to help thousands of new entrepreneurs to get their new small business started on the right foot by incorporating or forming an LLC. But business maintenance doesn’t end when the articles of incorporation are filed! There are actually a few more steps to ensuring your new entity is compliant and ready for business. In order to help educate new business owners, and answer one of our most commonly asked questions, we are happy to reveal our new video, “What happens after you incorporate or form an LLC?”

Step 1. Apply for an Employer Identification Number. An EIN is going to be needed if you want to open a business bank account, or if you want to hire employees.

Step 2. File for trademark protection, and begin protecting your brand. You should also buy a domain name and secure social media properties as soon as possible.

Step 3. Look into what business licenses you have to apply for. Licensing varies depending on locality, entity, and industry, so it is a good idea to consult with a professional who can help you figure out exactly what you need.

Step 4. Remember to stay on top of annual maintenance. Most states will require business entities to file an annual report, which will have some basic information on your business like its name, address, registered agent, and industry. You also have to document any changes to the corporation or LLC. If you bring on new owners, or new investors, make sure to make note of it. You should also update your operating agreement or bylaws as new owners and investors will probably want a say in how the company is run.

Step 5. Thinking about expanding outside of your home state? Well, remember that you have to apply for permission to do business in any new state. If you don’t, you could be looking at hefty fines and dissolution of your business in that state. So don’t forget to file to qualify as a foreign entity in any state you plan to expand into.

Have any questions about corporate or LLC maintenance? Need help figuring out what you need to file? Just give MyCorporation a call at 1-877-692-6772 and we will be happy to help you out!

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Top 10 April Fools’ Office Pranks

Top 10 April Fools' Office PranksHappy April Fools’ Day! Today, offices and coworkers everywhere will be pranking each other by blowing air horns into cubicles, filling the supply cabinet with balloons and hiding the actual supplies, and taking off all the keys on keyboards and rearranging them. Here at MyCorp, we love a good joke and turned to our panel of small business pros to see what their all-time favorite prank pulled was – here are our top 10 favorites!

1. “We did ours a bit early to the staff and will do it to the general public on April Fools’ Day. I work at The Zebra – we created a press release that said left handed drivers are safer. The tech team really got the sales team when they added (internally only) a page that showed when people claim to be left handed their insurance dropped by more than 20% in some cases. We had a meeting, showed the new page and the press release. We even did some training… Hook, line and sinker.”

- Jason Jepson, The Zebra

2. “Since ‘taxidermy’ is similar to ‘tax accounting’ I decided to turn our reception area into a taxidermy shop. We located some stuffed animals that were slightly realistic. My favorite was a blow-up rubber moose head we hung on the wall. Outside we changed our sign from Tax-masters, Inc. to Taxidermy. Oh my goodness. When folks showed up for their appointments, it was hilarious! Some were old established clients who had been coming to our location for 20 years. Needless to say, they were confused. Others were brand new clients coming for their very first appointment so they were sure they had the wrong address.”

- Linda de Marlor, President, Tax-Masters, Inc.

3. “I was working in upstate New York. Our functional manager was well loved by everyone. He genuinely cared about all of us that worked for him. I well remember when a few of his employees turned his entire office into a camp. They took everything out of his office, put up a large tent and put his furniture back inside the tent. Our boss worked from within his tent all day, fully equipped with desk, chairs, lights, and even a toilet set up in the corner. His visitors that day were ‘impressed,’ not so much with their surroundings, but certainly by his staff’s creativity. I never did find out who did that, but it was really funny. The following day, his office was back to normal. I’m sure a couple of the guys were pretty tired after two non-sleeping nights.”

- Diane Piper, President, BORSAbag LLC

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How to Reduce the Communication Gap with Employees

How to Reduce the Communication Gap with EmployeesMore often than not, employees are a company’s most valuable assets, so it makes sense to invest in the corporate culture that helps them succeed. While vacation days and fringe benefits (health insurance, stock options, employee discounts, et al) are appealing lures, the heart of the employee experience occurs during business hours, as staff members interact with each other.

Good communication is square one for employers seeking to reinforce relationships with workers and it creeps in to every aspect of business operations. In many cases, communication mechanisms fall short on the job, leaving room for most companies to improve their standards and reduce the communication gap with employees.

Credibility and Communication

Credibility is an important area to focus on when it comes to influencing effective communication between employees and their superiors. When executed correctly, communication with workers reinforces trustworthiness for managers and other high-level employees. But if there is a deep communication gap between bosses and staff members, it can ultimately undermine productivity and employee engagement.

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