Thousand Oaks (PRWEB) March 26, 2013
Akalp discussed the mistakes she sees with first-time business owners when they start a business.
-Mistake one: Not checking if the owner is legally permitted to use business name
-Mistake two: Choosing the wrong business structure when registering the business
-Mistake three: Failing to get a tax ID for business and using your social security number as the company’s identification
-Mistake four: Failing to set up a business bank account
-Mistake five: Doing it yourself or paying costly legal fees
“Forming a corporation or a Limited Liability Company (LLC) is a critical step to protect your assets from any liability of the company,” says Akalp, “It can be a relatively quick and easy process, but choosing the wrong business structure can have a significant impact on your business and taxes. A quick way to avoid this is to use Corpnet.com’s Business Structure Wizard designed to assist you with selecting the right business structure for your business.”
In addition to appearing on Las Vegas’ Morning Blend, Akalp has also provided her small business expertise on FOX Business’ Small Business Center, Wall Street Journal, AMEX OPEN Forum, and Mashable. Through her public speaking, frequent blogging and networking with small business owners, Akalp has developed a loyal following of entrepreneurs. She was recently honored as a Small Business Influencer Champion for 2012, and has helped hundreds of thousands of new and existing business owners start a business, and protect and manage their businesses.
CorpNet.com is an online incorporation service that helps entrepreneurs get their business off the ground in a fast, reliable, and affordable manner. Through its website, CorpNet.com provides business filing services required for a variety of business needs such as: forming a Corporation or Limited Liability Company (LLC), filing for a DBA, Doing Business in Multiple States (Foreign Qualifications), Closing a Business (Dissolutions), Registered Agent Representations, Trademark Search and Registrations, and Corporate Compliance services and supplies for all 50 states.
Founded by experienced entrepreneurs Philip and Nellie Akalp, CorpNet.com is a private company based in Westlake Village, CA. For more information, please visit http://www.corpnet.com or follow @CorpNet on Twitter.