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Phone Number : 302.652.4800

Industry News

Startups across the country can benefit from incorporation

Starting a business? You might want to think about the benefits of incorporation.

Starting a business? You might want to think about the benefits of incorporation.

For many people, the word "startup" immediately evokes an association with companies working toward developing new technological creations. While this is certainly true of many startups, not every single one is a tech company.

USA Today explored this idea in a recent article that discusses how tech startups have long been prevalent in Silicon Valley but are actually springing up in other areas of country. 

USA Today contributor Steve Case detailed how he traveled to four American cities as part of an effort to spur entrepreneurial innovation in other parts of the country. He experienced some notable discoveries as a result of this trip. 

Case explains that opportunities exist today that did not used to. For example, entrepreneurs are able to receive funding for ventures by raising money through online crowdfunding campaigns. He believes venture capitalists will soon be investing in companies based further into the country than those located in Silicon Valley. Notably, Case highlights that startups are an important part of community development and help to drive innovation. 

You don't have to be in tech to be an entrepreneur. In fact, you can be in any industry you want. Small businesses are an integral part of the economy, responsible for creating innovation as well as spurring job growth no matter what area they are based in. 

However, the success of a small business will rely in part on how it is established. During the initial stages of forming your company, it is important to select the corporate structure that will best be suited to the unique needs of your business. An online incorporation services company can answer any questions you have about the benefits of incorporating your business.