Entrepreneurs in Colorado have been steadily increasing their business pursuits, according to an assessment of the electronic filings in the state. Secretary of State Bernie Buescher says the number of new businesses formed in Colorado increases by six or seven percent each year, according to the Journal Advocate.
Some entrepreneurs have reservations about incorporating their businesses. Incorporating a business means more responsibilities and it could add some tax burdens for businesses in the early stages of operation. Still, incorporations’ benefits outweigh its drawbacks, according to Entrepreneur magazine.
The Federal Election Commission recently entered the growing debate on the Supreme Court’s decision to give corporations the power to control campaign messages. Entrepreneurs with a political agenda who are considering business formation might be interested to learn that the FEC has proposed limits on communication between outside entities and political candidates.
Owners of all business types are likely not looking forward to the upcoming tax season. For companies hit by hard economic times, sending a big check off to the IRS can cut into operating funds. But it might be good news for S corporation owners that Congress has expanded loss carryback rules that might mean […]
While the corporate world continues to struggle, it seems many out of work Americans are finding their own solutions for success in the face of recession. According to Poder 360, the percentage of unemployed people who are taking on business formations has been steadily increasing over the past couple of years.
Transportation service provider YRC Worldwide recently announced that its stockholders have approved an amended certificate of incorporation owners proposed. The amendments will increase the amount of shares of common stock, thereby reducing the value of each shareholder’s ownership of the company.
Recently, the administration announced that it will provide more than $30 billion to banking institutions to offer loans to small businesses nationwide. This includes an increase in allocations for microloans specifically for entrepreneurs undergoing business formation.
For politically-minded entrepreneurs, it may be good news that all business types will soon be able to advocate politicians and express political opinions. The Supreme Court recently lifted a long existing ban on corporate free speech, reports the Lompoc Record.