5 Good Reasons to Incorporate Your Business Online

Internet technology has changed the way we work, shop, and live. According to a new study by EY , 44% of small businesses view their website as an integral part of their marketing strategy and 58% consider it an important tool for revenue generation. However, many business owners are unaware that they can use the Internet to help increase brand awareness, conduct research on potential customers, and build relationships with their target audience. Today’s savvy business owner understands that incorporating your business online can be a powerful tool for success.

Online Incorporation Leads to Instant Brand Recognition

Having your business registered online makes it easy for potential clients to find you. You can build brand and consumer awareness by purchasing domain names and social media accounts. A good domain name can easily be spread across many social platforms and help build your brand. For example, IncorporateOnline.com is on Facebook, Twitter, Google+, LinkedIn, Pinterest, Tumblr, Snapchat and Instagram. Consumers are more likely to trust a brand that has an active presence in the digital space.

Online Incorporation Increases Customer Satisfaction through Convenience

A study done by MasterCard Connect found that when customers use online services they spend more money. Consumers appreciate the ability to do business on their own time and in their own space. In today’s world, people want what they want to when they want it. Accommodating your clients’ busy schedules can lead to a better customer experience, which ultimately leads to increased satisfaction, loyalty and an increase in sales.

Online Incorporation Reduces Paperwork Hassle

The incorporation process online is quick, easy and accessible from anywhere. You can do it all from your computer, smart phone or tablet. In addition to reducing paperwork, incorporating online also reduces risk by protecting data from loss and unauthorized access. And, if your business is already incorporated, but you haven’t filed your Annual Report (Form 1120S), you can use the Electronic Filing PIN system to file your required information. This allows you to complete and pay for your tax filing online. In addition, the IRS offers a 4-year voluntary online payment plan that enables business owners to pay their taxes in quarterly installments.

Online Incorporation Makes it Easier for You to Manage Your Business Finances

All businesses have three important financial issues: 1) They want more cash flow 2) They need convenient access to their money and 3) They want instantaneous answers about their financial health. Incorporating online can help with all of these issues. You will:  * Increase cash flow by collecting expensive monthly business fees from your clients and not having them send you a check. Online incorporation will allow you to set up automatic payroll deposits and withdrawals. For example, if you have a client in California who pays his/her bill every 3 months, your business will be more profitable if he/she can automatically pay his/her bill into your bank account every quarter. * Access the internet anytime and anywhere. When working from home on a Friday night, having access to your business information is invaluable; keep in mind that if your clients can’t access or update their information online they might look elsewhere for their services or ask for an itemized invoice. * Reach consumers quickly and easily. After all, what's more important than being able to provide fast and convenient answers to clients' questions?

Online Incorporation Builds the Foundation of Your Business

Online incorporation will help you with foundation building and strengthen your business. Before obtaining your business license, you need to get licenses for each office that you plan to have. Registering your business on State Tax Website is a great way to notify customers of your new location and start collecting sales tax. The next step is to register your business with the State and Federal Deposit Insurance Corporation. In addition, it is time to obtain an Employer Identification Number (EIN) and open a business bank account.

All of these tasks can be done by going through the incorporation process online. The great thing about incorporating online is that you don't need a website or other brand representation. The process allows you to build your brand one niche at a time. Once you have completed those tasks, you are ready to start building your business foundation. You can use your online incorporation status as a promotional tool for potential clients and receive free advertising by having it added to your Facebook page and other social media sites.

So, are you ready to incorporate online? If you answered yes then click here to start the process. IncorporateOnline.com is a trusted name in the industry and has helped thousands of business establish their brands online so they can grow their businesses.

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 * https://www.mastercardpaymentsnetwork.com/en_us/about_cp_downloads/studies_and_surveys/small_businesses_survey_q32013.pdf - 1

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Conclusion

The state of the economy has greatly affected all aspects of business including incorporation. According to the findings of a recent study conducted in 2011 by Education Development Center (EDC) and MasterCard, new entrepreneurs are seeking to form corporations at a faster pace than in previous years. The findings indicated that incremental demand was being generated in every region of the country. In fact, both uncharted territory and outside the US were among the fastest-growing methods used by small businesses to incorporate. However, it should be noted that despite this optimism, the use of electronic filing for different types of corporations is on the rise nationwide as well..