Incorporation Services

If you are starting a business and in some ways your business is an extension of your self but there is financial connection beyond the emotional connections. A business is built of people with energy and vision and those who have successfully made the leap know that its important to have a corporation or partnership in place. As the complexity of your food business increases planning becomes much more important and the benefit of a detailed business structure is that it will keep all parties focused and on track. The complications around tax penalities can be enough to sink an otherwise healthy business without a proper business structure in place.


Elements of starting a Food Business are:

  • Choosing a business structure
  • Registering a business name
  • Business licenses and permits
  • Obtain Federal Tax ID (EIN)
  • Register with your State Revenue authority

Thinking bigger than consider the options around forming a corporation, the most common corporate structures are:

  • C Corporation
  • S Corporation
  • LLC (Limited Liability Company)
  • Professional Corporation
  • Non Profit Corporation

Where to Incorporate?
Typically its best for a small corporation with less than 5 shareholders/owners to incorporate in your home state where your principal office is physically located. While a lot of media coverage has hyped the benefits of incorporating in Delaware or Nevada the costs can often exceed the benefits.

How do I Incorporate?
Companies like CorpNet make the incorporation of a business much simpler but its also key to note that the process can sometimes be tedious so using an affordable incorporation service is a smarter shoice. The basic process for an incorporation starts with the following:

  • Name Check
  • Draft Articles of Incorporation
  • Incorporator executed Articles of Incorporation
  • Submit documents for filing
  • Standard Processing (up to 3 months) vs. RUSH Filings (as fast as 1 hour)
  • Receive your certified documents
  • Elect a Board of Directors
  • Issue Shares

Using a company like CorpNet to incorporate your business can save you both time and money as their service is fast reliable and affordable with a 100% money back guarantee.