NAME & INDUSTRY ISSUES
NEVADA VS. WYOMING
DELAWARE LLC VS.
NEW MEXICO, LLC
SHELF CORPORATION MARKETING ADVANTAGE
NOMINEE EIN ALERT
Corporation Purpose #2: The shelf corporation eases the start-up
of a business
and when needing to establish business credit. Certain companies are known to
only lease to small businesses that are
at least six months old. Establishing corporate credit is easier with
local suppliers when you have an aged shelf corporation. In that sense, buying a shelf corporation with at
least six months of age is of great help.
Only buy an
aged shelf corporation, or "aged corporation", when there's a real benefit
from using such an entity.
Wanda seeks to open a gift shop. An aged corporation may only help her
in terms of dealing with new suppliers. Customers don't really care
whether they buy a gift from a store that has no business history. A
retail operation that deals in jewelry, electronics, or other specialty item
may be different; however, because follow-up is important. The
customer may feel that an business that with a history is more stable than
one without. This may make or break sales.
Mike is starting an internet-based consulting firm catering to small
businesses. His clients will ask him how long he's been in business.
Even though his business may be new, buying a two year old corporation may
help him build instant credibility. On the contrary, Mike's many years
of experience may speak volumes for him instead of relying on an aged
whether the age of the corporation is important to your clients or your
creditors. If so, buying an aged corporation may be of benefit.
Ultimately, how you sell yourself and your products/services will clinch the
deal, regardless of whether you buy an aged corporation.
Corporation Purpose #3: Shelf corporations are ideal when action
must be taken immediately, such as the transfer of key assets.
IS NO TAX BENEFIT TO PURCHASING A SHELF CORPORATION OR SHELF LLC.
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