How You Can Use Aged Shelf Corporations to Expand Your Business

 

an old business building

Building a reputation for a business is quite a challenge for most startups. From loads of paperwork to building respectable business credit, there’s tons of hard work, time and effort involved.

That said, there are still some smart strategies that can significantly help you in acquiring an established position. One popular yet equally rewarding strategy tried-and-tested by millions of entrepreneurs for years is investing in an aged shelf corporation.

If you’re looking for a cost-effective investment to quickly overcome the roadblocks on your entrepreneurial venture, then this is the place, now is the time. Purchasing a shelf corporation can be fundamental in expanding your business, efficiently and easily, without years of toil.

Here’s how;

Quickly cut through the red tape

: a pile of folders

Want to expand your business? When you acquire a shelf corporation, you legitimately obtain the privileges mentioned below;

· Company registration from IRS — which includes Employee Identification Number (EIN) and tax ID.

· A legitimate online presence. That is to say, your business will already be listed in multiple web directories and hence people will find it easily on search engines.

· Your first annual report and business location update.

· The DUN & Bradstreet number — a unique number that identifies your organization. Lenders and business partners reference this number to determine the financial stability and creditworthiness of a company.

· A merchant account setup, so you may accept payments through all credit cards.

· Consultation regarding asset protection and business laws and accounting from an Asset Protection Attorney and a corporate CPA respectively.

Acquire a reputable Paydex score

a person holding a bank card

Another key factor to business expansion is your Paydex score. The term “Paydex” is generally used by Dun & Bradstreet for commercial organizations. It’s a numerical score that’s remunerated to a business as a credit score. It indicates a business’s alacrity in paying their monthly installments to their creditors.

When a business acquires a shelf corporation, it can legitimately benefit from its credit history and use it to obtain funds from finances from lenders. However, you need to have the same duration in the business as the age of the acquired shelf corporation. Acquiring an aged corporation will help you attain an 80 Paydex score faster — all you’ll have to do is regular reporting to credit bureaus.

Besides, an important factor to consider is the liabilities attached to the corporations. Since business credit is the most important aspect of a business, make sure that there are no credit lines associated with your business.

The bottom-line

If you want to expedite your business growth, a credit-ready aged shelf corporation can help.

Corporations4Less is an established firm in the US that provides aged-shelf corporations to clients across all 50 US states. Besides, these shelf corporations have no liabilities or assets unless mentioned otherwise.

Their staff comprises experts and experienced business strategists who help businesses grow and flourish rapidly. Their business solutions are quick, fast, and efficient. Their wide range of services also includes company incorporation services, register a company in usa, credit repair services in California, Florida, New York, Pennsylvania, and Texas.

Get in touch with them today to acquire a shelf corporation!



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