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How to Form a Corporation

Up and Running

Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea. Decide on your business location. This sounds great, but doing business in another state means additional paperwork.

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How to Minimize the Red Tape and Taxes of a Startup

Startup Professionals Musings

If you are certain that you are building a large national corporation with more than 100 investors, and multiple classes of stock, then you might as well start with a Delaware or Nevada C-Corp. Incorporate your startup after the business plan, but before you spend a dollar on product development.

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8 Reasons To Incorporate Your New Company Early

Startup Professionals Musings

The business entity has to be in place before a problem appears and is not recoverable by starting the business later. Focus on structuring the business brings priority to building a plan early. Building a business plan is a discipline every entrepreneur needs to learn early, required or not.

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Michigan Small Biz Giveaway … and Why Not Your State and Mine Too?

Up and Running

Unlike most of the major MBA business plan competitions, this is apparently real money, not investment for equity, not in-kind services. They also have prizes for students, and even a $5,000 prize for the best tweet related to business plans. I’m impressed. Not bad — if you’re in Michigan.

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Webinar Recap: Create a Business with Your Art (Q&A with Ann Rea)

Up and Running

It’s really not relevant to a business. Really the best place to start is to write a business plan. When you’re writing that business plans, lot of questions that came through today how to do with, how do I define my market, my niche, who do I market to? We present resumes and exhibition list.