If you're like most Notaries, you want to grow your business and get more clients, but you don't have a big marketing or advertising budget, if you have one at all. Luckily, there are plenty of techniques you can use to start seeing an increase in your business without having to increase the amount of money coming out of your pocket. We've provided a list of tips within each of these categories to help you better capitalize on your marketing efforts. It's no secret to anyone in business for themselves that the best way to get new clients is through referrals from other clients.
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An LLC is a corporate structure and you will not be held personally liable for the company debts or liabilities because, similar to a corporation, owners have limited liability for the debts and actions of the LLC. LLCs were first created in Wyoming in and have become the preferred entities because LLCs are not bound by the same rigid rules of corporations and require no formalities such as corporate minutes to hold unless you filed an IRS form and you treat your LLC as a "C" corporation. Foreign persons will have to report individually the transactions. Form is an information return for tax purposes and after an LLC is liquidated, it must file a final Form as well as when adding members. An LLC can help you avoid personal liability for debts or wrongs committed during business transactions. For example, you become an LLC instead of a sole proprietor -- you become a sole proprietor by filing a DBA and getting a business license -- someone slips and falls in your store, which is under the LLC, the plaintiff can only sue the LLC not you personally. Bottom line, you avoid paying for the liability from your personal assets.
How to Become a Loan Signing Agent and Earn $100 an Hour Part-Time
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In general, if you are one person, and have a lot of personal assets, incorporate or form an LLC. An LLC is far superior to incorporation because it protects both your business and personal assets. If you use a trade name, such as "Bookkeeping by Mary" or "Bookkeeping R Us," you will need to file a fictitious business name DBA doing business as certificate as well. Other Notary Public Registrations If you Notary Public for a company, you will probably be asked for a federal tax ID number as an independent contractor.