| 06 December 2011
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Have INSTANT corporate credibility with an aged shelf corp. Purchasing a company that has already been incorporated that has a clean business history allows you to organize your new business in a single step.
Start-up costs are the largest expense a business owner can face. To complicate the matter, many companies will not lease or extend credit to a business without at least 6 months of history. Shelf Corps provide a clean history that can assist in overcoming many obstacles encountered in establishing business credit with local suppliers. A shelf corp with at least six months of age is beneficial for many new businesses.
Thousands of lawsuits are filed daily, many without any merit, filed by people looking for easy money. In our lawsuit-plagued world, using a corporation to separate you personally from the all of the potential liability in your business is almost a legal necessity. When you do business with the public or have employees, you open yourself up to the potential of lawsuits. A properly run corporation can save your assets and give you peace of mind.
In order to get funding and financing for a new company, you will need to prepare your business from the beginning to build a credit ready business. This takes time... at least 6- 9 months for a new business to start building good solid reporting trade lines. Most banks or lenders will turn you down for for credit until you have a minimum of 2 years history and reporting good credit trade lines with vendors.
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