March, National Start a Business Month, has ended, but you can start your own business any time of year and MPS is here to guide you through the process and assist you in forming your corporate entitiy. As small business owners ourselves, we personally know the challenges you face and we’re ready to help however we can because we’re committed to helping entrepreneurs revitalize the American economy.
Starting your own business is surely a daunting task. Amongst many things, you have to file paperwork with the proper authorities in Colorado or Oregon. You have to establish a federal employer identification number (EIN). You have to think about the corporate structure of your business. If you have partners, you’ll have to think about how much control each partner has. You may have to think about shareholder issues. In short, there are myriad other concerns that may arise. That’s why we’re here–to help you through those difficult questions and decisions.
At MPS, we will guide you through this intimidating process. We will provide the following services and advice when helping you form your corporate entity (specific services will depend on whether you decide to form an LLC, S Corporation, traditional corporation, or 501(c)(3) non-profit, etc.):
- We will conduct an initial meeting with you, preferably in person so we can get to know you, to determine the form of entity you wish to form and that entity’s purpose. At this meeting, we will obtain the necessary information to file the initial corporate documents. If you cannot meet in person, we will of course accommodate your needs and conduct a meeting by phone or via email.
- We will then file the Articles of Incorporation with the Secretary of State in Colorado or Oregon and obtain an EIN for the corporation on the IRS website and forward that information to you.
- (If applicable), we will prepare a draft of the By-laws and the election to be taxed as a Subchapter S Corporation.
- (If applicable), we will meet with you in person, by phone, or by email to review the By-laws, sign any necessary forms (Form 2553, for example), and obtain information for the organizational minutes.
- (If applicable), we will send any necessary forms to the IRS and prepare organizational minutes, share certificates, and stock transfer ledger.
- If required, we will file a Certificate of Trade Name with the Secretary of State in Colorado or Oregon, a promissory note from the corporation to shareholders, and any applicable collateral documents.
- We will assemble the Minute Book and send a copy of all documents to your corporation’s dedicated accountant.
- Finally, we will meet with you in person to review the Minute Book contents. We will obtain the appropriate signatures and deliver the Book to you.
Let us take this process out of your hands. We are here for you! Contact us for your corporate needs, whether in Oregon or Colorado.