We Can Provide:
- A business credit profile with the largest business credit bureaus in the United States.
- Your own business credit Advisor who works with you all year to insure strong results on building A-1 credit for your business.
- A credit score of 75 to 100 With Dunn & Bradstreet & Experian formally TRW when you follow all the steps in the program properly and pay your bills on time.
- Assist in developing a credit presence in the business lending market.
- The ability to separate your personal credit from your business credit.
- Obtain business retail credit cards under the business name & tax ID number.
- Obtain a vehicle lease or loan in the business name.
- We provide a loan analysis that will determine the needs of your company to obtain a loan or lease.
- We will then help you shop for a loan or lease after an A-1 business credit score is obtained.
- We will show you how to purchase real estate under your company A-1 credit rating.
- Your company will have access to vendors offering credit.
- Access to business and credit resources on our client’s only web site.
- Corporate Credit Consulting for 1 year.
- You receive information to educate you on what banks & credit Bureaus are really looking at from your company.
We work in conjunction with attorney Michael Potter, an asset and liability protection specialist who has worked for the Trump Organization for many years. As a result, we are experts in the fields of asset and liability protection and offer LLCs, corporations, partnerships, and trusts. One of our consultants will discuss your personal needs on a totally confidential basis, at no charge, and help you determine the best course of action to follow. Our toll free number is available from 9:00 am to 5:00 pm, Pacific Time, Monday through Friday. When you are ready to learn more give us a call, speak with one of our consultants, and find out how we can help you to protect your assets and your liabilities.
In America roughly 97% of all business enterprises are sole proprietorships. This just means that the business owner and the business are one and the same. In other words, they haven’t filed a corporation, they haven’t set up a limited liability company, and they’re operating casually and informally as a one person business or a small business. Many people choose this route because it is inexpensive. The business owner gets some business cards, they file their business license with the county, and they’re done. Or so they think. The problem with this set up is that sole proprietors have the highest losses in terms of their business revenues, they have the highest rates of tax audits, and they have the highest number of losses when it comes to lawsuits. If you and the business are one and the same you have no personal protection. Therefore the lawsuit plaintiff has a full right against all of your assets whether or not they have anything to do with the business.
Many people fear that being a company will limit their ability to run their business. This is not the case. If you have a corporation or a limited liability company, you will simply be able to separate yourself from the business, so that you and the business you’re running are not one and the same. This is a great thing in terms of tax planning, lawsuit protection, financial privacy and all of the deductions you can take. In fact, just by having a corporation or an LLC you increase the percentage of your deductions by about 400% while reducing the likelihood of being audited by the IRS by about 92%. On top of that you have deductions you can take for retirement that are much bigger than you would get with a sole proprietorship.
When you decide to start a corporation or an LLC, you should be aware of the problems that come with setting it up over the internet, a route that many people are choosing to take. Online you end up with a one size fits all transaction that’s just not applicable in today’s world. Yes, you can easily buy a corporation or LLC from an online source, but you miss out on the opportunity to have an expert talking to you about your unique situation. One size does not fit all when it comes to lawsuit protection, privacy, and tax planning. You need expertise and guidance from a professional who will help you get on the right path.
Here’s something else for you to think about: There are 50 different jurisdictions in the United States. Because the Secretary of State for each state is a source of revenue, states compete with each other to get business. Those competing with each other have made real efforts to distinguish themselves from other states. A small business owner who’s not going to go public could really benefit from the legislation in Nevada in particular. It can protect your privacy, and it gives owners of corporations a high degree of personal lawsuit protection and financial privacy.
When you are looking for the best way to protect yourself, your family, and your assets, there are steps that you can take. The first step is to work with someone who is experienced, has the right background, and who understands the ins and outs of how a corporation and LLC are different and what path best suits your situation. As previously stated, online corporation services treat everyone like they wear the same size shoe, and that is not the case. Everyone has unique needs and your individuality needs to be respected. So, the expert comes first. The next step is seriously considering how you’re going to hold the stock. How the stock of the corporation is held, or who the members of an LLC are, is very important to the outcome of your business.
Do not wait until after you have been sued to take action. If you do this you’re engaging in what the courts call fraudulent conveyance or fraudulent transfer. In fact, the very first page of the complaint from the plaintiff, or standing orders from the judge, will inform you to not transfer assets, move assets around, or start setting up entities. In doing so you would be violating the court’s order. The best time to act is while your legal seas are calm. It’s just like driving around with a spare tire. It’s not that you plan on getting a flat, it’s that you want to protect yourself just in case. The same applies to your business. You need to have protection in place before you need it. The longer your corporation or LLC has been in effect before you get sued the more likely it is that this protection will stand.