You're probably reading this blog because you're thinking of filing for a corporation for forming an LLC, or you may have recently started your own business. What makes our economy work is  spending money, and what helps small business stay in business is loyal customers who keep coming back. It's important to support small businesses, especially in a small community, small businesses, as you know, appreciate every client they have. Another reason to support small business is for the service, because the business appreciates you the service is often times better than doing business a big company. Small businesses may not all have a 24 hour support lines, but when their lines are open you're likely to speak to an actual human being quickly.

There are many reasons why it's beneficial for you and the business to support smaller businesses, aside from the service and supporting local economy, it's a good feeling to know that you're personally helping a business out. Hopefully the more you spend at small businesses helps other people spend with your business. Good Luck!

The oil spill is going on two months not.  There are numerous reports that BP purposely avoided safety protocols in order to save money.  The result of these decisions have caused the worst oil diaster in U.S. history far exceeding the leak by Exxon. 

Leaders of BP met with President Obama to discuss the oil spill.  Discussion revolved around the suspension of BP dividend payment and a committment of $20 billion for clean up and damages to local business who have suffered in the crisis.  Experts are now saying that the liabilty of the company could even exceed $20 billion.  It is uncertain on what the final tally will be after the company pays out all legitimate claims.  Experts are even speculating that BP won't be able to survive after all is done.  Clean up of the Gulf of Mexico can run in to years if not decades.  There are still pockets of problems with Prince William Sound where the Exxon Valdez oil spill occured. 

Although the employees of BP aren't financially responsible for the incident because of the liability protection of personal assets in forming a corporation.  The company however is vulnerable to lawsuits due to its negligence in the matter.  Although people are not usually liable, the CEO and leaders who made these decisions to avoid safety protocols may be criminally liable for their actions.  So therefore liability protection may protect personal assets, individuals are still responsible for their actions.

To find out more about corporate liability protection, you can visit our information page.

It appears that the job optimism is growing according to a recent poll that was released today by Manpower Inc.  Manpower is a global employment agency that looks to place talented employees with prospective jobs with business that the agency works with.  The survey of 18,000 employers asked about their plans on hiring or firing decisions in the third quarter.  The poll showed that 18% of those employers polled plan to add staff.  It is just another sign that the job market may be finally getting a leg up. This survey is in line the the Labor Departments findings on job growth.

The survey showed that the best prospects for job growth was the Northeast.  Employers expected a moderate increase in staff.  The same can't be said for the West which showed the weakest prospects.  Nevada was the only state that showed a negative job outlook.  There is still a sense of caution though.  Many employers are still on the fence about hiring.  Many companies are struggling and they want to see revenues increase more before adding any new staff. 

Manpower is a corporation based in Wisconsin.  For more information on forming a corporation, click on the link.

When you think electric vehicles, South Carolina might not be the first state that comes to mind.  However a young corporation, AeroVironment Inc. is installing about 60-100 electric vehicle charging stations in the state.

A non profit firm Plug-In Carolina which has been sponsored by South Carolina utilites is in contact with AeroVironment to install the charging stations.  South Carolina wants to be the pioneer in the electric vehicle revolution.  The state doesn't expect to have many of these charging stations in use this year but in the next year, there are several big name auto makers coming out with their own electric vehicles.  Notably, Chevy will be introducing the Volt, Nissan with the Leaf, Ford with an electric version of the Focus, and Toyota with a plug in hybrid Prius. 

Many of these electric vehicle options will undoubtedly be more popular if there was more stations to charge your vehicle.  Most of the vehicles in their electric only modes only have a limited range so therefore people will need to charge their cars at work and other locations. 

The company is also working on building an at home version of their charging station.  It was geared toward the Nissan Leaf coming out next year. 

AeroVironment Inc. is a corporation.  If you're interested in forming your own corporation, click on the link and let us help you start your own company.

Despite the surge in census hiring, the job market took a step back today.  The nations unemployment rate dipped slightly however it is expected to go back up when the census is over.  Many of the jobs created were temporary.  Job growth in the private sector grew a mere 41,000 new jobs. The temporay hiring and private sector job growth resulted in the unemployment rate to drop to 9.7% from 9.9%.  Once the summer is over and the census is complete, the 411,000 jobs created for the census will not exist anymore.

The strength of the economy is questionable with these new job numbers.  Consumer spending is also slowing as the nations retailers reported lackluster sales for the last month.  Housing prices may also see declines as well since people are not looking forward to purchasing a home as quickly since the federal tax credit expired. 

Many who are out of work are looking to start their own businesses as well.  Many are looking to be their own boss by starting a corporations or setting up a LLC.  Businesses are the backbone of the economy.  Many small business make up a large part of the job market.  Small business is the key to getting the economy back up and running again.