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Posts Tagged ‘business’

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Madison, Wis (PRWEB) May 01, 2012

One consistent need for all small businesses is to get funding, whether from a bank loan, bootstrapping, or alternative funding. BizFilings, a leader in online incorporation, has good news for those entrepreneurs looking for business funding; with recent changes in government legislation, funding may be easier to obtain than before for startups and from more places than before. For those entrepreneurs who have incorporated their business and can show that they are taking it seriously, this also may prove them more attractive when applying for credit, bank loans, or the new trend in small business funding crowdfunding.

According to BizFilings, the JOBS Act, signed into law on April 5, 2012, will make it more possible for startups to get funding by allowing non-accredited investors to participate in funding rounds. The JOBS Act is a combination of capital formation proposals to make it easier to raise capital, and also will make crowdfunding easier to obtain.

Crowdfunding, or the act of collecting money from multiple individuals (often online), has grown rapidly in popularity in the past few years. Websites like Kickstarter, IndieGoGo and Kiva have all raised millions of dollars for entrepreneurs. The JOBS Act will make it easier for small businesses to use these sites adding the ability to raise up to $ 1 million annually through crowdfunding without having to follow any SEC registration or filing. Private investors will be able to invest up to $ 10,000 (or 10% of annual income, whichever is less) annually without any SEC filings.

According to a March 2012 Gallup poll, entrepreneurs with access to capital are three times more likely to plan on starting a business than their counterparts that lack that access with women four times more likely to start a business when they had access, and men three times more likely.

Almost half (over 43%) of women-owned businesses were started or acquired with less than $ 10,000 in capital, according to data from the U.S. Census Survey of Small Business Owners in 2007.

The SEC has a grace period of 270 days from the signing of the JOBS Act to implement additional regulations. BizFilings suggests that in the interim, small business owners focus on getting all of their documents in place, including business plans, incorporation documents and financial forecasts. This grace period would also be the perfect time for unincorporated businesses to learn more about what formation is best for their small businesses, and to file for incorporation. For assistance pulling together these important documents, BizFilings and BizFilings Registered Agent services can help by ensuring that entrepreneurs are properly incorporated, and have all the current legal documents and certifications that they need.

The changes in legislation can have some great benefits for small businesses by legitimizing these alternative sources of funding, says Karen Kobelski, executive member of the leadership team at BizFilings. Before a small business takes advantage of funding, its important to make sure your small business is incorporated, and that youve chosen the right business structure for your future goals.

According to BizFilings, different types of businesses can have different benefits for entrepreneurs both in the funding stage and beyond. If entrepreneurs are looking to get funding from venture capitalists, for example, their small business should be formed as a C corporation. Other businesses looking to get traditional funding may be happier with an LLC, which can provide a certificate of membership to investors. Though the differences between different forms of corporations are numerous, the one constant is that if an individual is willing to invest in a business, they will likely require some sort of documentation or stake in the business.

For more information about the benefits of incorporation, visit the BizFilings Online Learning Center.

About BizFilings

BizFilings is a full-service, online incorporation service provider, offering small-business owners a fast, easy and economical way to form a corporation, limited liability company (LLC) or other business structure online or by phone. BizFilings also offers a full range of business filing and compliance products, including nationwide Registered Agent Service, helping keep businesses in compliance with state regulations. BizFilings can be found online at http://www.BizFilings.com. BizFilings is part of Wolters Kluwer Corporate Legal Services, the leader in legal process and business performance management. It delivers the people, products and processes to drive transparency, ensure accountability and provide organized, accurate and actionable information for legal, financial and insurance professionals. CLSs business brands CT Corporation, NRAI, BizFilings, Corsearch, CT Lien Solutions and TyMetrix empower organizations to make better business decisions and be more efficient in todays highly transparent business environment.

About Wolters Kluwer

Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwers leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer had 2011 annual revenues of 3.4 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up Wolters Kluwer on Facebook for more for information about our customers, market positions, brands, and organization.







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New York, NY (PRWEB) April 26, 2012

Independence Holding Company (NYSE:IHC) today announced the formation a new company, IHC Specialty Benefits, Inc. (IHC Specialty), which will accelerate IHCs growth into new niche lines of business.

Jeff Smedsrud, chief marketing officer of IHC, will be chief executive officer and president of the new company.

IHC Specialty will develop new health insurance products and services that are expected to be in greater demand as federal health care reform is implemented. The product lines contemplated for expansion include supplemental and ancillary insurance, such as accident, critical illness and pet insurance. A significant amount of products will be marketed directly to consumers through IHCs proprietary technology.

Dave Keller, former senior vice president of sales and marketing for IHC Health Solutions, and Brian Dow, former senior vice president of ecommerce and business development for IHC Health Solutions, are joining Smedsrud at IHC Specialty, along with nine other team members.

We have seasoned executives who are passionate about growing business and capitalizing on market trends. No matter what happens with health care reform, we have entered into a new world of how consumers buy and utilize health-related products. We plan to embrace this new shopping mentality by offering customized products and exchange platforms, said Smedsrud.

The company is partnering with large payers, accountable care organizations, and distributorsboth local and nationalto create product and consumer solutions.

IHC Specialty is a member of The IHC Group, an insurance organization composed of Independence Holding Company (NYSE:IHC), a publicly traded holding company with more than $ 1 billion in assets, and its operating subsidiaries. The IHC Group is composed of affiliated insurance carriers, marketing and administrative companies and agencies committed to providing excellent service and offering competitive health, life, disability, stop-loss, short-term medical, travel and dental insurance products to groups and individuals. The IHC Group has approximately $ 600 million in annual premium and fees.

Find out more information about IHC Specialty, contact Dave Keller at dave(dot)keller(at)ihcgroup(dot)com.







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Quicken Lawyer Home & Small Business Legal Suite 2003

Quicken Lawyer Home and Small Business Legal Suite 2003 delivers four great products to your desktop: Quicken Lawyer 2003 Personal, Quicken Lawyer 2003 Business Deluxe, the Encyclopedia of Everyday Law, and Neighbor Law: Fences, Trees, Boundaries, and Noise. A complete resource for home owners, families, and small businesses, this suite keeps you abreast of everyday home and workplace issues and reduces costly legal fees.

Draft wills, health care directives, powers of attorney, and more to protect business and family assets. Easy-to-use tools create more than 130 contracts, forms, letters, and checklists. Generate customized legal forms using Quicken’s straightforward interview process. Access Quicken’s law library and Nolo’s e-books with more than 2,700 pages of plain-English legal information, including reading material on starting and running a small business, legal manuals, and an extensive, easy-to-understand glossary. Plus, if you can’t find the information you need with the software, exclusive Web updates and online resources are available to purchasers. No matter how big or small the legal task, Quicken Lawyer Home and Small Business Legal Suite has the tools you need to navigate common legal matters.

List Price: $ 69.99

Price: $ 69.99

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MONDAY, April 16

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Quicken Lawyer Home & Small Business Legal Suite 2003

Quicken Lawyer Home and Small Business Legal Suite 2003 delivers four great products to your desktop: Quicken Lawyer 2003 Personal, Quicken Lawyer 2003 Business Deluxe, the Encyclopedia of Everyday Law, and Neighbor Law: Fences, Trees, Boundaries, and Noise. A complete resource for home owners, families, and small businesses, this suite keeps you abreast of everyday home and workplace issues and reduces costly legal fees.

Draft wills, health care directives, powers of attorney, and more to protect business and family assets. Easy-to-use tools create more than 130 contracts, forms, letters, and checklists. Generate customized legal forms using Quicken’s straightforward interview process. Access Quicken’s law library and Nolo’s e-books with more than 2,700 pages of plain-English legal information, including reading material on starting and running a small business, legal manuals, and an extensive, easy-to-understand glossary. Plus, if you can’t find the information you need with the software, exclusive Web updates and online resources are available to purchasers. No matter how big or small the legal task, Quicken Lawyer Home and Small Business Legal Suite has the tools you need to navigate common legal matters.

List Price: $ 69.99

Price: $ 69.99

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