| 06 December 2011
aged corporations for sale – Do you want to learn more about “aged corporations for sale”? If ...aged corporations for sale – Do you want to learn more about “aged corporations for sale”? If so then this article below may be exactly what you have been searching for…
A aged corp, shelf company, or aged corp, is a company or corporation that has had no activity. It was created and left with no activity - metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one.
In most cases, a aged corp has never conducted business activities, have no debts, liabilities or bank accounts. Once the aged corp has aged, they are sold to individuals interested in owning an established company with a clean history. Aged Corps with credit, make it easier to build corporate/ business credit, qualify for business loans, and opportunities to obtain business contracts.
Unforeseen liabilities can surface after a contract has been signed with your business. The "promoter" can be held personally liable for the financial obligations of a contract. It is possible to acquire and use the aged corp to adopt that liability and relieve the promoter from it. This strategy should only be attempted with the assistance of an attorney.
Here is the big secret! - In order to have a chance with building corporate credit - You must own an business that is registered as a corporation or LLC with the Sec of State. The company should have an established EIN number. an office, a business phone number listed with 411 directory and of course a duns number and credit profile. Once you have completed the business foundation you business is ready to add vender trade lines, loans and/or Credit Cards.
Fill out the web form on this page right now to request more details aged corporations for sale or about acquiring an Aged Corp today!