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Typically, if you only operate in one state, you should incorporate your business in that state. If you operate in multiple states, you should determine which state is the friendliest to corporations and incorporate in that state. File your articles of incorporation in the state where you intend to incorporate - usually with the Secretary of State's office and for a fee, depending on where you live.

Yes it is possible. All business types, except sole proprietors, should first notify their Secretary of State to change names in their articles of incorporation. States have online forms for this and usually charge a small fee. You'll find out whether your new name is already in use in your state by another corporation or partnership. You can do this via online state databases of registered business names and fictitious names.

Given the competition for loan awards, it is not at all surprising that banks, federal officials, and business entrepreneurs hold different views on the availability of small business loans. When it comes to choosing ideal strategies for lending and investing, it has been difficult for all parties involved to come to a consensus.

New York, known as "The Empire State" and home of the nation's largest city, has long been a hub of new business growth. Aside from being the financial capital of the world, it is also a place where people come from all over the world to start a business. New York-based businesses flourish, in part, through the support of government agencies including the SBA and Economic Development Administration (EDA).

SBA loans are one of the best financing resources for small businesses hoping to grow in the United States. Small businesses who might not otherwise qualify for traditional bank loans can benefit from the SBA's loan guarantee program. The SBA can help small businesses increase cash flow and take on new business.

The economy in New Jersey, "The Garden State", is driven by its financial services, hi-tech, pharmaceutical, and service industries. In last few years, Jersey City has become a hub for financial and service businesses. Government agencies including the SBA and Economic Development Administration (EDA) offer support for small businesses in New Jersey.

Louisiana is rich in natural resources especially natural gas, salt, petroleum and sulfur. The oil and sulfur deposits are mainly found offshore. The state has the largest amount of oil refineries, natural gas processing plants and petrochemical production facilities in the northern hemisphere. One could say Louisiana is what drives the US, due to the high volume of oil and gas production.

The Lone Star State is known for its gas and petroleum, hi-tech and service industries. In last few years, cities like Austin and Houston have become the hub for IT and service businesses. Texas has the second largest number of small businesses in the country (16% of the total small business population) as well as one of the fastest growing economies.

Virginia became known as the Old Dominion State because of the loyalty its original settlers had to the King of England in the 1600s. Virginia has diversified agricultural sectors ranging from tobacco to apples.

Most small-business owners need a bank loan at one time or another, and applying for one involves much more than filling out paperwork and saying a prayer. Among other things, you need to consider the state of your personal and business finances, how you're going to repay the loan, and how much money you actually need.

Profit and Loss statement is an official statement that states a company's total revenues, expenses and net income incurred over a period (monthly, quarterly or yearly).

Yes, Small Business can secure financing for natural disaster if it falls under the declared disaster state by the Government. SBA does provide various assistance in forms of disaster loans.

Any legal responsibility, duty or obligation. The state of one who is bound in law and justice to do something which may be enforced by action. This liability may arise from contracts either express or implied or in consequence of torts committed. Some examples of liabilities include mortgages, UCC liens, accounts payable, settlement charges and/or tax liens. 

A document issued by the state at point of company registration. The certificate is included in the registration kit and shows the date of incorporation and official company location. It is required for opening the business account and securing financing.

There are specific guidelines for different states for forming an LLC but they all adhere to the same general principles set up by the SBA and the government. Basically no matter where your LLC is formed you will be required to complete  two specific documents namely, Articles of Organization and Operating Agreement.

LLC's and S Corporations are two very popular forms of incorporation, and both offer liability protection and pass-through income tax treatment for business owners, since taxes are reported on one's personal income tax return, not by the entity.  Among the issues to consider are the number of owners involved, what you can and cannot write-off for tax purposes, the amount of employment tax you may be required to pay, and individual state tax laws.

The U.S. Small Business Administration, or SBA, is a federal agency that provides loan guaranty programs and other services to support and encourage the growth and development of small businesses across the United States. It was founded on July 30, 1953, and has delivered over 20 million loans, guarantees, counseling sessions, contracts, and other forms of assistance to small businesses across the country. SBA loans are offered to borrowers through multiple financial institutions. To know more about SBA loans and how Biz2Credit can help you click the link below.

There are specific guidelines for different states for forming an LLC but they all adhere to the same general principles set up by the SBA and the government. Basically no matter where your LLC is formed you will be required to complete  two specific documents namely, Articles of Organization and Operating Agreement.

Biz2Credit has closed over a $1billion in funding for more than 11,000 small business owners over alst 5 years all across US. Biz2Credit has helped generate or save more than 20,000 jobs acrsoss alll 50 states in US.

Biz2Credit has helped a large no. of small business owners to get Federal and State disaster loans. One can register atwww.biz2credit.com/sandy to apply for and start the process of getting the disaster loans.