G is for Good Standing

This week, our ABC’s for business focus on the kind of standing your company is in, specifically keeping it in good standing. Good standing is defined as the status of a firm which is current with the payment of statutory dues and filing or required periodical reports. Keeping your company within good standing is absolutely necessary to your business and a big responsibility for any entrepreneur to take on.

Sometimes some proof of said standing is necessary, which is where a little thing called a certificate of good standing, or tax compliance, comes into play. This certificate is issued by a state official as evidence that your corporation or LLC exists and is authorized to transact business within the state as well as to make sure that you are running your business by the rules and regulations required by the law. Continue reading

Introducing… MyCorpVault!

Meet MyCorpVault, the first-of-its-kind cloud-based document storage system launched exclusively by MyCorporation! Whether you’re a CEO on the go and need all of your documents available to access at all times or a small business owner worried that your computer might crash and you’ll lose all of your hard work, MyCorpVault ensures all of your business documents can be accessed from one place with an easy to use interface.

Created with entrepreneurs and small business owners in mind, MyCorpVault works to ensure that you never misplace another document again and that all documents, both prior and current, stored online are stored there safely. Document folders and labeling features make organization in the Vault easy with password protection available on all documents, and regular backup and auto archiving features available in the event any records are accidentally deleted.

Sneak peek inside of the MyCorpVault!

Continue reading