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Choose a national registered agent for your business

Many registered agents exist in each state.  Many are competent.  Not all can grow with your business.  Choose a national registered agent service for your business, and as you expand your operations to additional states (whether it is a new office or a salesperson in an adjacent state or on the opposite coast), you can quickly and easily get established in additional states and have your registered agent services consolidated with a single provider.  This will eliminate annoying bills from multiple service providers and will help you keep track of your filing needs.

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Today’s Question — Friday, July 30

Must I pay all of my employees?

It is not unusual for start-up companies to have limited cash resources. It is also not unusual for entrepreneurs to entice employees to the company by offering stock compensation, instead of cash, until such time as the business can afford to pay regular salaries. However, it is advisable to consult with an employment lawyer in your state of operations to determine if this is permissible under the state’s wage statutes. In most cases, the lawyer will likely advise that each employee be paid an amount equal to applicable minimum wage amounts.

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