State Basics: Forming a Business in Alabama

Posted by Samantha Miller on Mar 5, 2014 3:25:00 PM

 describe the image Each week, we’ll be providing you with basic information on forming a corporation or limited liability company in a specific state. Today, we’ll get started with Alabama.

Forming a corporation or a limited liability company in Alabama can take a considerable amount of time longer than other states. If this is where you are conducting, we recommend you for in Alabama, despite the time it may take. 

Before beginning your initial filing document, you may be required to obtain a Certificate of Name Reservation from the State of Alabama. This filing will be sent to the judge of probate, who then forwards the filing to the Alabama Secretary of State.

Alabama requires that you include a corporate name identifier in your company’s name. Corporate identifiers for corporations include “Corporation, Incorporated, Inc., and Corp.” For LLCs, corporate identifiers include “Limited Liability Company or LLC.” Alabama also requires that your business name be distinguishable from any other registered or authorized Alabama business identity.

Alabama does not require that a specific purpose be listed on your formation document for both corporations and limited liability companies.  For corporations, Alabama requires that you have one or more Directors listed on your formation document, but does not require you to list any officers. For a Limited Liability Company’s formation document, Alabama requires that one or more managers or members be listed.

Keep in mind that Alabama may have annual filing requirements for both corporations and LLCs. These filings may be due on a certain date and may cost varying amounts. To be sure that you’re receiving up to date annual requirement information, you can check the Alabama Secretary of State website. You receive further information regarding these filings by calling 800.421.2661.

Alabama Business News is a great site if you’re interested in keeping up with business developments and your potential competition! 

Get Started in Alabama

Topics: LLC Creation, Corporation Creation, State Basics, Alabama

Delaware Corporation Annual Franchise Tax Update

Posted by Samantha Miller on Feb 26, 2014 2:21:00 PM

describe the imageThe Annual Franchise Tax for Delaware Corporations is due Saturday, March 1, 2014. Any payments received after Saturday, March 1 will be subject to a late fee, as assesed by the State of Delaware. 

In order to help you file your Annual Report on time, American Incorporators Ltd. will be staying open until 6 PM EST through February 28. 

The State of Delaware will be open on Saturday, March 1, 2014 from 8 AM - 4:30 PM. To contact them directly, you can call 302-739-3077. You can pay your Annual Franchise Tax to the State of Delaware online at www.corp.delaware.gov through the end of the day on March 1.

If you need to pay both your Registered Agent fee and your Annual Franchise Tax, you can pay here until 11 PM EST on Saturday, March 1, 2014. Only use this link if you need to pay both fees.

We will not be available by online chat during any time between 5:30 PM February 28 and 8:30 AM March 3, 2014. Please do not leave any messages regarding your tax in the chat, as we will not be able to answer them until after the tax is due. 

Topics: Business Maintenance, Delaware

Reminder : Delaware Corporation Annual Tax Due March 1

Posted by Samantha Miller on Feb 19, 2014 2:38:00 PM

describe the imageThis reminder is for Delaware Corporations only.

 Your Annual Franchise Tax fee of $150 is due to the State of Delaware on or before March 1, 2014. The fee may be higher depending on your company’s number of shares. This fee is paid in arrears for the preceding year, meaning that in 2014, you are paying your tax for the year of 2013. The fee is required to be paid by all Delaware Corporations regardless of company income.  If your fee is not paid on or before March 1, 2014, a late fee along with a 1.5% monthly interest will be assessed by the State of Delaware and your company may fall out of Good Standing.

If you use American Incorporators as your Registered Agent in the State of Delaware, you will be receiving additional reminders including instructions via e-mail and postal mail. American Incorporators also offers a filing service. If you have any questions about how to pay your tax, would like to use our filing service, or are interested in checking the status of your company, please call 800.421.2661. 

* Ask About Our New Compliance Package Services! *

Topics: Reminders, Delaware

Reminder: We're Moving!

Posted by Samantha Miller on Oct 31, 2013 9:17:00 AM

AIL Move

On November 4, 2013, American Incorporators will be moving into our new offices!

Our last day in our current offices will be on Friday, November 1, 2013. On November 1, we will be open until 12 PM EST. If you have any urgent filings, please contact our office prior to that time. If you are mailing any document to American Incorporators after October 31, 2013, please mail it to our new address.

Our new address will be:

American Incorporators Ltd.
1013 Centre Road . Suite 403-A
Wilmington, DE 19805

Here's a few things to keep in mind during our move:

1. We will update and pay for all necessary filings with the relevant Secretary of State. 

2. This is not your business address. Do not update any of your business mailing addresses, unless you use American Incorporators for Mail Forwarding. If you do not use us for Mail Forwarding, but would like information on how to do so, click here

3. If you are a current Mail Forwarding client, you will receive a separate email that will include any further information or instruction.

4. If you would like a company resolution stating the change of address, please contact us by calling 800.421.2661.

5. Our telephone number will not be changing!

If you have any questions, please contact our office at 800.421.2661 or 302.421.5750. 

Topics: Reminders

5 Tips to Help You Create a Customer Survey

Posted by Samantha Miller on Aug 16, 2013 11:14:00 AM

custserv resized 600It’s important for business owners to be cognizant of how their current and potential customers feel about the services they’re providing. One simple, effective way to maintain an understanding of your customers is through distributing and analyzing customer surveys.  Customer surveys allow you to expand your relationship with customers while discovering ways for your business to improve. If you’ve never written a customer survey before, you may not know where to start. To help you out, we’ve created these 5 tips to help you create a customer survey:

1. Define your goals. Once you have a clear, concise objective, creating your survey will become much easier. Each step of the process will always tie into your initial goal. Find your goal by asking yourself these questions:

What am I trying to learn?

Why am I trying to learn this information?

How will I analyze the results?

A few topics you may want to consider include customer loyalty research, new product development, and customer service reviews.

2. Choose Your Audience

After you’ve identified your objective, this step should be easy. Do you want to hear from current customers? Potential customers? Or a mix of both?

If your survey is going to be based on past experiences with your company, you’d be wasting time and resources if you send it to potential customers. Always keep your goal in mind.

3. Create Your Questions

You should start your survey with a brief introduction and include a simple set of directions. If you plan on using responses as testimonials, include a brief disclaimer explaining so.

Each question should be as specific as possible. Make sure you only ask about one point per question. Varying the format of questions can make the survey seem less monotonous and hold the survey taker’s interest. Always include at least one open-ended question, which will give the customer the chance to share their opinion and offer suggestions.

Conclude the survey by thanking the survey taker. Often, surveys will include incentives as a way of thanking that individual for taking their personal time to help your business, but this is optional.

4. Distribute Your Survey

When distributing your survey, keep your audience in mind. Three main types of surveys are phone surveys, direct mail surveys, and online surveys.

Today, you’ll find many free resources to help distribute your survey online. Some of these websites also include tracking data.  Sites such as Survey Monkey or Survey Builder are great places to start if you’ve never worked with online survey distribution. You can link the surveys on your Facebook page, send it out via Twitter, or include it in an email.

5. Analyze Your Results

Make sure you’ve planned how you’ll interpret and track the data you receive from the surveys. Create a timeframe for when you’d like the survey to start and finish, schedule showing how frequently you’ll check the results.

After the survey has concluded, it is important that you do not ignore your results. Don’t keep them sitting in a spreadsheet. Share them with fellow employees and don’t ignore negative feedback. Hopefully, you’ll be receiving positive feedback, but negative feedback deserves a follow up email or call.

This article from Inc provides insight on how you can make the most of your customer feedback.

We hope this article helps  you create a fantastic customer survey! Surveys will always be a simple way to stay in touch with your customers while learning how your business can grow. If you’d like to read more about surveys, Mashable has created a great article with a few more tips, tricks, and suggestions

As always, please let us know if there's anything you'd like us to address in our blog! Our Incorporation Specialists are always available for assistance by dialing 800.421.2661.

Topics: Tips & Tricks, Start a Business From Home

Understanding the Basics of a Corporate Dissolution

Posted by Samantha Miller on Jul 12, 2013 3:29:00 PM

If your corporation is considering ending all activity, you may want to consider filing a dissolution. We've created this post outlining the basics behind corporate dissolution to help you gain a basic understanding of your options. 

What is a Dissolution?

A dissolution is the statutory procedure that terminates the existence of a domestic corporation.

What are the different types of Dissolutions?

There are 3 different types of dissolutions:

Administrative Dissolution

  An Administrative Dissolution is the involuntary dissolution of a corporation by an act of the Secretary of State or similar state authority, caused by the corporation's failure to comply with certain statutory requirements. This frequently occurs when corporations fail to file an annual report, to pay franchise taxes or maintain a valid Registered Agent.

Voluntary Dissolution

A Voluntary Dissolution is an intentional action by shareholders, incorporators or initial directors to dissolve a corporation.

Judicial Dissolution

A Judicial Dissolution is an involuntary dissolution ordered by a court of law.

What happens during a Dissolution?

During dissolution, all activities of the corporation are ended, which is frequently called “winding up.” Winding up refers to the discharging of a corporation's liabilities and the distributing of its remaining assets to its shareholders in connection with its dissolution.

What’s required to file a Dissolution?

Dissolutions require an officer, director or member of the company to file a Certificate of Dissolution or Certificate of Cancellation after getting shareholder or member approval. To obtain one, your corporation must be in good standing, with all required taxes paid and all annual reports filed with the state.

If you have any questions regarding dissolutions, don't hesitate to call our incorporation specialists by dialing 1.800.421.2661! 

Topics: Business Maintenance, Corporations, Reminders

Happy 4th of July!

Posted by Samantha Miller on Jul 3, 2013 1:23:00 PM

 

4thofjuly resized 600

American Incorporators

would like to wish you a

Safe & Happy 4th of July!

Our office will be closed on Thursday, July 4, 2013 and will reopen on Friday, July 5, 2013 at 8AM EST. 

Topics: Reminders

Introducing the Small Business Spotlight

Posted by Samantha Miller on Jun 28, 2013 1:06:00 PM

Logo resized 600

American Incorporators is excited to introduce the Small Business Spotlight feature to our blog. The Small Business Spotlight will highlight businesses that we have helped get started. Each business will have the opportunity to provide a background of their business, highlight products and services, and share advice with entrepreneurs.

If you’re interested in being featured in the Small Business Spotlight, please contact Samantha@ailcorp.com and include “Small Business Spotlight” in the subject line. After we review your website, you will be contacted with information on how to be featured!

We look forward to introducing you to many amazing small businesses!

Topics: Small Business Spotlight

Your Business License Questions Answered

Posted by Samantha Miller on May 17, 2013 3:42:00 PM

http://www.flickr.com/photos/kylesteeddesign/3When opening a small business, it’s important to research any business license and permit requirements that may apply to your industry. Not having proper licensure can be extremely detrimental to your business. It can cause unnecessary stress, confusion, and potential fines.

To help you avoid this and better understand the basics of business licenses, we’ve answered these 4 common questions. 

1. Why Do I Need a Business License?

Obtaining proper business licenses and permits ensures that your business is maintaining compliance with federal, state, and local laws. Keeping your business license up to date is just as important as paying your taxes and annual state fees.

When applying for a bank account, you will most likely be asked to present your business license. Your business license can also help you with business financing, and may make things smoother when filing your taxes.  

2. What Are the Different Types of Business Licenses?

Keep in mind that license types and requirements can vary from federal, state, county, and city levels. The following are a few common types of business licenses and permits to help you gain a general understanding of what you may need.

Basic Business License: This is typically issued by the city or county in which you’ll be operating.

Health Department Permits: If you prepare, serve, or sell food products, this will most likely be required,

Sales Tax License: This license is typically required for the sales of products and services.

Zoning Permits: This permit states authority to use a certain area of land for a certain purpose.

Professional & Occupational Permits : These may be required for services that are regulated by the state. These services may include, but are not limited to:

Medical Services                Legal Services

Tax Servoces                    Real Estate Services

Be sure to review your state laws if you are in an industry that may require an occupational license.

Federal Permits: if your business involves any of the following, it is best to contact federal departments for specific requirements.

Alcohol, Tobacco, or Firearms  Ground Transportation

Drug Manufacturing                Broadcasting

This is a sample of industries that may require federal licensure. Please check with federal agencies for your specific requirements. 

3. Are There Penalties for Not Having a Business License?

If you do not obtain required business licenses and permits, you are highly jeopardizing the security of your company. Not having a business license can leave you legally vulnerable, result in high financial penalties, and in some cases may lead to imprisonment. Aside from this, it negatively impacts your credibility as a business owner and will cause long term negative effects for your business. 

4. How Do I Get a Business License?

Since business licenses are handled on many levels, we suggest doing research with your state to find out exactly what you may need. You may find that your local city hall, state’s government websites, or www.sba.gov are great resources.

As you can see, knowing exactly what business licenses and permits you may need can be difficult. American Incorproators Ltd. offers a service that researches, details, and lists all of the licenses and permits you will need. The only thing you would need to do is answer a few quick questions about your business. If you’d like to learn more, visit our Business License section.

Having the proper business licenses and permits is just as important as being incorporated. Do not leave this process out of your business plan. We hope that this eases your business license research process! If you have any questions, feel free to post below or contact one of our Incorporation Specialists by dialing 800.421.2661. 

Topics: LLC Creation, Tips & Tricks, Corporation Creation, Business Maintenance, Business Licenses

Reminder : Delaware LLC Annual Tax Due June 1

Posted by Samantha Miller on May 8, 2013 2:51:00 PM

de resized 600

This reminder is for Delaware Limited Liability Companies only.

 Your Annual Franchise Tax fee of $250 is due to the State of Delaware on or before June 1, 2013. This fee is paid in arrears for the preceding year, meaning that in 2013, you are paying your tax for the year of 2012. The $250 is a flat fee required to be paid by all limited liability companies regardless of company income.  If your fee is not paid on or before June 1, 2013, a late fee along with a 1.5% monthly interest will be assessed by the State of Delaware.

 If you use American Incorporators as your Registered Agent in the State of Delaware, you will be receiving additional reminders including instructions via e-mail and postal mail. If you have any questions about how to pay your tax, or are interested in checking the status of your company, please call 800.421.2661. 

Topics: Limited Liability Companies, Reminders, Delaware