Shelf Corporations with Credit

    It is often said that the one who plans and prepares well has won half the battle even before it starts. The world of business is a battlefield, and there are lots of competitors in the fray. Many of them are as well prepared as the other. Such an arena makes it difficult for newcomers to succeed. However, if you plan well and play to your strengths, your firm can make a dent in the marketplace. When you think of starting your own firm, one of the primary challenges is funding and where to find it. Then you will have to think of what kind of corporation do want- an LLC, a C Corp or an S Corp? Each of these company structures comes with its own pros and cons. Finally, you will have to decide on the state where you have to incorporate the firm. The increased role of technology and the rise of shelf corp vendors such as yours truly, have made it easy to incorporate in the state that offers you the best facilities. Even if it is not in the same place where your business is l...

  It is only in the times of an economic meltdown that most of us remember the benefits of planning for crisis situations. However, that is not the time to prepare. It is time to survive using any means possible. That is why we see so many firms accepting checks from the US government as they have no other option. Most business owners are self-made persons and would not opt for such charity at the hands of the government at any cost. But they swallow their egos as their families, and their employees are dependent on the firm's survival. It did not have to come to such a pass! We do not like to make efforts to develop a crisis management capability in our lives. The same is the case for companies in capitalist markets. Most of these firms are just designed to run on top gear, and can't adjust their pace in response to external stimuli. Such firms are glorified by the trade, but become the first to collapse when the panic starts. Otherwise, these are bailed out by investors, b...

  The world of business is one of ups and downs, and you need to navigate these situations if you want to succeed as an owner. The ability to remain calm under pressure and handle the demands of the marketplace are also required skills. While all of these help you manage tough situations, they might not be enough to sail through a Black Swan event. Consider the current economic depression caused by the pandemic and ensuing lockdowns. Suddenly, all businesses came to a halt, and there was no clarity as to how long the situation might last. There is still no surety of when things will improve, at least in the US, where we've been walloped by the second wave of the disease. As a business, it is hard to remain insulated from such a widespread disturbance in the world's economic and social life. We can see in our immediate surroundings how many firms have needed a bailout from the government, as they had paid no attention to emergency planning. Now, they understand the need for ...