&
Benefits of Incorporating
Why Consider Incorporating Or Forming An LLC
Present
Benefits of Incorporating
Why Consider In...
2012 - Entrepreneur.com Top Small Business Finance Resource
2011 - Crain’s Top Entrepreneur
: Who we are
2
• Funded over $...
Biz2Credit is the solution for Small Businesses
3
Streamlines Application Process
• A single digital application for all l...
Presenter- John Meyer
The Company Corporation is a service company and does not offer any legal or financial advice.
About The Company Corporation
The Company Corporation has been helping companies with business
compliance for the past 10...
The Company Corporation is a service company and does not offer any legal or financial advice.
Walking a tightrope without...
A corporation and LLC is a legal entity that is created
under the laws of a state.
It is designed to be a separate legal...
The Company Corporation is a service company and does not offer any legal or financial advice.
The Entity Puzzle
Two Types Of Corporations
Features Of: C-Corp S-Corp
Entity Separate legal entity from the
shareholders
Separate legal ent...
LLC vs. S Corp
Features Of: LLC S-Corp
Entity Separate legal entity from the
members
Separate legal entity from the
shareh...
Why Incorporate?
Personal Asset Protection
Tax Flexibility
Additional Credibility
Less Risk of an Audit
Name Protecti...
We live in a litigious society where we can get sued for legitimate
and even non legitimate reasons, regardless of guilt
...
Simplified Tax Savings Example
Scenario % Sole Proprietor S-Corp/LLC*
Salary/Commissions $60,000 $40,000
Distribution $20,...
Additional Credibility
Adding "Inc." or "LLC" after your
business name adds instant authority.
Consumers, vendors, and p...
Less Risk of an Audit
As reported in the January 24, 2011
Wall Street Journal:
IRS statistics indicate that you are 10
tim...
Name Protection
In most states, other businesses may not file your exact
corporate or LLC name.
Includes: Passing on to ...
It Makes Sense!
Personal Asset Protection
Tax Flexibility
Additional Credibility
Less Risk of an Audit
Name Protectio...
The Company Corporation is a service company and does not offer any legal or financial advice.
Funding and Growth
Ways to Incorporate
The Company Corporation is a service company and does not offer any legal or financial advice.
Where to Incorporate?
The Company Corporation is a service company and does not offer any legal or financial advice.
10 Easy Steps
The Company Corporation is a service company and does not offer any legal or financial advice.
Name
State
St...
Step 10: What Are the Next Steps?
File Application With
TCC --
TCC Reviews &
Files With SOS
Receive Articles Of
Formation
...
EVERYONE HAS A DREAM.
It’s time to follow yours.
Questions?
The Company Corporation is a service company and does not offe...
© 2012, Biz2Credit, Inc. All Rights Reserved - Proprietary and Confidential
 Contact- info@ biz2credit.com
 Follow us on...
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Webinar on benefits of incorprating of small business loans

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Webinar on benefits of incorprating of small business loans

  1. 1. & Benefits of Incorporating Why Consider Incorporating Or Forming An LLC Present Benefits of Incorporating Why Consider Incorporating Or Forming An LLC July 23, 2013
  2. 2. 2012 - Entrepreneur.com Top Small Business Finance Resource 2011 - Crain’s Top Entrepreneur : Who we are 2 • Funded over $850 million to date • Over 1,100 lenders on our platform, including 50+ micro-lenders • Have direct reach to our network of over 1.6 million SMB’s
  3. 3. Biz2Credit is the solution for Small Businesses 3 Streamlines Application Process • A single digital application for all lenders • Financial/business data can be pulled from the 5 big touchpoints • Store and share documents with lenders via DocVault • Begin and complete loan process without ever leaving the platform Ensures Appropriate and Competitive Financing • Access to over 1,100 lenders on B2C network • Marketplace environment ensures competitive rates • B2C algorithm calculates best financing options for each business One-Stop Shop For Any Small Business • Full array of financing products for entire life-cycle of any small business • BizAnalyzerTM provides free financial analysis, scorecard, and recommendations on an on-going basis Current Market: ------------------------------------------ With Biz2Credit: Lender A Lender A Lender C Lender B Lender D Lender B Lender C ?
  4. 4. Presenter- John Meyer The Company Corporation is a service company and does not offer any legal or financial advice.
  5. 5. About The Company Corporation The Company Corporation has been helping companies with business compliance for the past 100 years Over the past five years our company has formed more than a quarter million new LLCs and Corporations Parent Company partners with over 90% of the Fortune 500 Companies for business compliance Founded in 1899 by the architects of Delaware's corporate laws. Headquarter in Delaware with offices in all 50 states The Company Corporation is a service company and does not offer any legal or financial advice.
  6. 6. The Company Corporation is a service company and does not offer any legal or financial advice. Walking a tightrope without a net?
  7. 7. A corporation and LLC is a legal entity that is created under the laws of a state. It is designed to be a separate legal entity having its own privileges and liabilities distinct of its owners. A corporation or LLC has the legal capacity to enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued in its own right, and to be held responsible for its actions. What Does Incorporating Or Forming An LLC Mean? The Company Corporation is a service company and does not offer any legal or financial advice.
  8. 8. The Company Corporation is a service company and does not offer any legal or financial advice. The Entity Puzzle
  9. 9. Two Types Of Corporations Features Of: C-Corp S-Corp Entity Separate legal entity from the shareholders Separate legal entity from the shareholders Liability Owners Have Limited Liability Owners Have Limited Liability Control • Run By Board Of Directors • Must Have Yearly Board Meetings • No Limits On Ownership • Run By Board Of Directors • Must Have Yearly Board Meetings • Limits On Who Can Own Shares In An S-Corp Taxation Double Taxation Pass-Through Taxation The Company Corporation is a service company and does not offer any legal or financial advice.
  10. 10. LLC vs. S Corp Features Of: LLC S-Corp Entity Separate legal entity from the members Separate legal entity from the shareholders Liability Owners Have Limited Liability Owners Have Limited Liability Control • Run By Members • No meeting requirements • Less Restrictions on Ownership • Run By Board Of Directors • Must Have Yearly Board Meetings • Limits On Who Can Own Shares In An S-Corp Taxation Pass-Through Taxation Pass-Through Taxation The Company Corporation is a service company and does not offer any legal or financial advice.
  11. 11. Why Incorporate? Personal Asset Protection Tax Flexibility Additional Credibility Less Risk of an Audit Name Protection The Company Corporation is a service company and does not offer any legal or financial advice.
  12. 12. We live in a litigious society where we can get sued for legitimate and even non legitimate reasons, regardless of guilt Operating under a corporate entity helps to protect your personal assets. If you do get sued, your personal assets will be separate from your corporate assets. You will be operating under a “Corporate Veil” – $50,000 Corporate Veil Guarantee® Personal Asset Protection The Company Corporation is a service company and does not offer any legal or financial advice.
  13. 13. Simplified Tax Savings Example Scenario % Sole Proprietor S-Corp/LLC* Salary/Commissions $60,000 $40,000 Distribution $20,000 Taxes Medicare 2.90% $1,740 $1,160 FICA 12.40% $7,440 $4,960 Total Self-Employment 15.30% $9,180 $6,120 Federal Tax (Married) ~28%** $10,835 $10,835 Total Taxes $ $20,015 $16,955 Total Savings *LLC after filing IRS 2553 form **With married standard deduction $3,060 The Company Corporation is a service company and does not offer any legal or financial advice.
  14. 14. Additional Credibility Adding "Inc." or "LLC" after your business name adds instant authority. Consumers, vendors, and partners may prefer to do business with an incorporated company. The Company Corporation is a service company and does not offer any legal or financial advice.
  15. 15. Less Risk of an Audit As reported in the January 24, 2011 Wall Street Journal: IRS statistics indicate that you are 10 times more likely to be audited as a sole proprietor than as an S-Corp. or LLC The Company Corporation is a service company and does not offer any legal or financial advice.
  16. 16. Name Protection In most states, other businesses may not file your exact corporate or LLC name. Includes: Passing on to children or transitioning to a buyer. The Company Corporation is a service company and does not offer any legal or financial advice.
  17. 17. It Makes Sense! Personal Asset Protection Tax Flexibility Additional Credibility Less Risk of an Audit Name Protection The Company Corporation is a service company and does not offer any legal or financial advice.
  18. 18. The Company Corporation is a service company and does not offer any legal or financial advice. Funding and Growth
  19. 19. Ways to Incorporate The Company Corporation is a service company and does not offer any legal or financial advice.
  20. 20. Where to Incorporate? The Company Corporation is a service company and does not offer any legal or financial advice.
  21. 21. 10 Easy Steps The Company Corporation is a service company and does not offer any legal or financial advice. Name State Structure Purpose Length of LLC Shares Executives Address Package and Price Next Steps
  22. 22. Step 10: What Are the Next Steps? File Application With TCC -- TCC Reviews & Files With SOS Receive Articles Of Formation File For Your EIN Either Online Or TCC Can File For Additional Charge If You Don’t Want To Be A C-Corp File Your S-Election With The IRS Open Business Bank Account The Company Corporation is a service company and does not offer any legal or financial advice.
  23. 23. EVERYONE HAS A DREAM. It’s time to follow yours. Questions? The Company Corporation is a service company and does not offer any legal or financial advice.
  24. 24. © 2012, Biz2Credit, Inc. All Rights Reserved - Proprietary and Confidential  Contact- info@ biz2credit.com  Follow us on Questions?

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