Webinar On Benefits of Incorprating of Small Business Loans

&
Benefits of Why Consider Incorporating Or Forming An LLC Benefits of Incorporating

Present Incorporating
Why Consider Incorporating Or Forming An LLC

July 23, 2013
: Who we are
2012 - Entrepreneur.com Top Small Business Finance Resource 2011 - Crains Top Entrepreneur Funded over $850 million to date
Over 1,100 lenders on our platform, including 50+ micro-lenders

Have direct reach to our network of over 1.6 million SMBs
2
Biz2Credit is the solution for Small Businesses

Streamlines Application Process
A single digital application for all lenders Financial/business data can be pulled from the 5 big touchpoints Store and share documents with lenders via DocVault Begin and complete loan process without ever leaving the platform
Lender A
Current Market:
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Lender D
Lender C
Ensures Appropriate and Competitive Financing

Access to over 1,100 lenders on B2C network Marketplace environment ensures competitive rates B2C algorithm calculates best financing options for each business
-----------------------------------------With Biz2Credit:
Lender A
One-Stop Shop For Any Small Business

Full array of financing products for entire life-cycle of any small business BizAnalyzerTM provides free financial analysis, scorecard, and recommendations on an on-going basis
Lender B
Lender C
Presenter- John Meyer
The Company Corporation is a service company and does not offer any legal or financial advice.
About The Company Corporation
The Company Corporation has been helping companies with business compliance for the past 100 years
Over the past five years our company has formed more than a quarter million new LLCs and Corporations Parent Company partners with over 90% of the Fortune 500 Companies for business compliance Founded in 1899 by the architects of Delaware's corporate laws.
Headquarter in Delaware with offices in all 50 states
Walking a tightrope without a net?
What Does Incorporating Or Forming An LLC Mean?

A corporation and LLC is a legal entity that is created under the laws of a state. It is designed to be a separate legal entity having its own privileges and liabilities distinct of its owners. A corporation or LLC has the legal capacity to enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued in its own right, and to be held responsible for its actions.
The Entity Puzzle
Two Types Of Corporations

Features Of: C-Corp S-Corp
Entity
Separate legal entity from the shareholders
Liability
Control
Owners Have Limited Liability

Run By Board Of Directors Must Have Yearly Board Meetings No Limits On Ownership

Run By Board Of Directors Must Have Yearly Board Meetings Limits On Who Can Own Shares In An S-Corp
Taxation
Double Taxation
Pass-Through Taxation
LLC vs. S Corp

Features Of: LLC S-Corp
Entity
Separate legal entity from the members
Liability
Control

Run By Members No meeting requirements Less Restrictions on Ownership

Run By Board Of Directors Must Have Yearly Board Meetings Limits On Who Can Own Shares In An S-Corp
Taxation
Why Incorporate?
Personal Asset Protection Tax Flexibility Additional Credibility Less Risk of an Audit Name Protection
Personal Asset Protection

We live in a litigious society where we can get sued for legitimate and even non legitimate reasons, regardless of guilt Operating under a corporate entity helps to protect your personal assets. If you do get sued, your personal assets will be separate from your corporate assets. You will be operating under a Corporate Veil $50,000 Corporate Veil Guarantee
Simplified Tax Savings Example

Scenario Salary/Commissions Distribution Taxes Medicare FICA Total Self-Employment % Sole Proprietor $60,000 S-Corp/LLC* $40,000 $20,000
2.90% 12.40% 15.30%
$1,740 $7,440 $9,180
$1,160 $4,960 $6,120
Federal Tax (Married)
~28%**
$10,835
$10,835
Total Taxes $ Total Savings *LLC after filing IRS 2553 form
$20,015
$16,955 $3,060
**With married standard deduction

Additional Credibility
Adding "Inc." or "LLC" after your business name adds instant authority. Consumers, vendors, and partners may prefer to do business with an
incorporated company.
Less Risk of an Audit

As reported in the January 24, 2011 Wall Street Journal: IRS statistics indicate that you are 10 times more likely to be audited as a sole proprietor than as an S-Corp. or LLC
Name Protection
In most states, other businesses may not file your exact corporate or LLC name.
Includes: Passing on to children or transitioning to a buyer.
It Makes Sense!
Personal Asset Protection Tax Flexibility Additional Credibility Less Risk of an Audit
Name Protection
Funding and Growth
Ways to Incorporate
Where to Incorporate?
10 Easy Steps
Name State
Structure Purpose Length of LLC

Shares Executives Address Package and Price Next Steps
Step 10: What Are the Next Steps?
File Application With TCC -TCC Reviews & Files With SOS
Receive Articles Of Formation
File For Your EIN Either Online Or TCC Can File For Additional Charge
If You Dont Want To Be A C-Corp File Your S-Election With The IRS
Open Business Bank Account
EVERYONE HAS A DREAM.
Its time to follow yours.
Questions?
Questions?
Contact- info@ biz2credit.com Follow us on
2012, Biz2Credit, Inc. All Rights Reserved - Proprietary and Confidential

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Webinar On Benefits of Incorprating of Small Business Loans

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Benefits of Why Consider Incorporating Or Forming An LLC Benefits of Incorporating

Why Consider Incorporating Or Forming An LLC

Over 1,100 lenders on our platform, including 50+ micro-lenders

Biz2Credit is the solution for Small Businesses

Ensures Appropriate and Competitive Financing

One-Stop Shop For Any Small Business

Presenter- John Meyer

About The Company Corporation

Headquarter in Delaware with offices in all 50 states

Walking a tightrope without a net?

What Does Incorporating Or Forming An LLC Mean?

The Entity Puzzle

Two Types Of Corporations

Separate legal entity from the shareholders

Separate legal entity from the shareholders

Owners Have Limited Liability

Owners Have Limited Liability

LLC vs. S Corp

Separate legal entity from the members

Separate legal entity from the shareholders

Owners Have Limited Liability

Owners Have Limited Liability

Personal Asset Protection

Simplified Tax Savings Example

2.90% 12.40% 15.30%

$1,740 $7,440 $9,180

$1,160 $4,960 $6,120

Federal Tax (Married)

**With married standard deduction

Less Risk of an Audit

Includes: Passing on to children or transitioning to a buyer.

Funding and Growth

Structure Purpose Length of LLC

Step 10: What Are the Next Steps?

Receive Articles Of Formation

Open Business Bank Account

EVERYONE HAS A DREAM.

Its time to follow yours.

2012, Biz2Credit, Inc. All Rights Reserved - Proprietary and Confidential

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