| 06 December 2011
shelf corp prices – Do you want to learn more about “shelf corp prices”? If so then this artic...shelf corp prices – Do you want to learn more about “shelf corp prices”? If so then this article below may be exactly what you have been searching for…
Building Business Credit and a Corporate Credit Profile is accelerated with a shelf company. The older your business is, the more likely you are to be approved for various types of business financing. Making a small investment into an shelf corp can propel your business start-up and establish the foundation for success, quickly.
Remarkably, the name of the shelf company is NOT as important as you think. What you do is more important than the name of your company. But you still want a catchy name, right? Obtain the shelf company and file it in your home state. Then determine if the preferred name is available in your home state. File a Doing-Business-As (DBA) in that state, if the name is available.
It is important to choose the age appropriate to your needs. For a building contractor or consulting company the number of years in existence is important to the clientele. If you have been in the construction industry for 15 years, for example, obtaining a 15-year-old corporation may make sense because it corresponds with your time in the business. In order to obtain some contracts, the typical business age requirement is two years. That may not be the only factor in obtaining a bidding agreement, but it may be one of the many check-the-box items, especially, as we mentioned, when your corporate age and business age match one another. Moreover, some report that for a business that wants to build corporate credit, the older the better.
Once you have purchased a shelf company, it can enable you to establish an immediate history, instant credibility and business image. You can also bid on state and government contracts. These contracts generally have minimum longevity rules for companies that are allowed to bid on their contracts.
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