Archive for February, 2009

Entrepreneurial Buzzwords: One Word Can Explain Who you Are and What you Do

Tuesday, February 24th, 2009

Becoming an entrepreneur requires not only focus, but determination . You can easily incorporate your business online – but the behind the scenes organization, marketing, etc. of your business is a whole other story.

New terminology is increasingly making its way into today’s business world lexicon that provides a short description of what an entrpreneur does.  Terms like “greenpreneur” and “solopreneur” provide a quick description of what kind of business an entrepreneur is in or how they operate. Small business people like the terms because it helps distinguish themselves from a crowded marketplace and more effectively network.

So what would be a good buzzword for you? It depends, there are many you could use. And quite possibly, more than one could be used to describe your operation.

Perhaps you are fresh out of college, or are wasting no time in delving into the business world – in which case, you could call yourself a “scholarpreneur” or “teenpreneur”.  Or perhaps you love starting a business or are launching several different ventres at once, hence a “serial entrepreneur”.

Check out this handy article in AllBusiness.com for a more detailed description of this popular terminology at Starting Up: Entrpreneurial Buzzwords.

Whatever term you use to describe yourself, online incorporation service MaxFilings is here to help easily form your corporation online in just minutes.  Our incorporation fees are very affordable, and free access to an extensive online incorporation library is available.

Choosing a Business Entity – Some Questions to Consider

Wednesday, February 11th, 2009

Every business owner chooses the business entity they operate under.

Most small businesses just start out, making sales, profits and etc. as a proprietorship. However, they can be held personally liable in these situations so simply selecting your business entity this way is unwise.

So which is best? A Limited Liability Company (LLC), C corporation, S corporation or partnership? We can’t answer that here, but you can find questions you should consider when evaluating your options in “Choosing a Business Entity – Some Questions to Consider” in the online incorporation Knowledge Center.

You will address questions about yourself, your business, the cost of starting the business and where you are seeking funding. For instance, if you will have outside investors, a corporation may be the way to go.

With these questions, you can review a Basic Comparison of Business Entities for a quick comparison of each entity’s characteristics along with the more in-depth Overview of Business Entities.

Of course, when you are ready to incorporate your business online, MaxFilings is here to help you navigate the legal requirements in all 50 states.