Posts Tagged ‘corporation’

Pixarian Wisdom: 5 Quotes From Pixar Films That Apply to Business

Monday, January 30th, 2012

With January slinking away behind us, and the whole new year to look forward to, we thought it would be a good idea to end the month on a high optimistic note. And we couldn’t think of a better place to look for optimism than Pixar, the plucky little animation studio that could. Business owners can already learn a lot from Pixar simply by looking at its transformation from the small group of animators that Steve Jobs bought for $5 million back in 1986 into the $7.4 billion animation powerhouse that it became. But we thought we’d take a step away from looking at the financial strengths of the company to see what its creations can teach us about the business world. Little quips from beloved characters like Carl Fredericksen and Edna Mode can go a long way for entrepreneurs to embrace and embody as a standard for their business- sometimes it’s the smallest words that make the biggest impact!

Shining a LIGHT on business! Get it?! I'll see myself out...

1. Monsters Inc. (2001) – “Laughter can produce more energy than screams.”

Also known as the “you catch more flies with honey” idiom that our mothers tutted at us when we were at our worse, the concept of being friendly over being a, well, monster is highly applicable in the business world. There are many ancient stereotypes about the manager lurking in the shadows, waiting for an employee to mess up so they can pounce and tear them to shreds. In some workplaces, employees genuinely fear the management, which is not something you want. It kills morale, and divides the office to the point that most employees will simply do the bare minimum in the hopes that no one notices them. So make sure to hire friendly managers, be a kind face in the office, and don’t be afraid to let a bit of laughter out to help empower your company.

2. Ratatouille (2007) – “Anyone can cook!”

This is a concept that our business especially holds dear. In the film, our hero Alfredo Linguini, along with his furry pal Remy, realizes that “not everyone can become a great artist, but a great artist can come from anywhere.” The very same can be said for the world of business – a great CEO could be hiding in anyone. All it takes is a bit of push to turn the average person into an entrepreneur and, while running a business isn’t easy, hard work and a determination to succeed can go a long way in making a successful company. Success is neither easy nor given, but for those of us who take that courageous step forward, we have to believe it can happen to us.

3. The Incredibles (2004) – “I never look back, darling! It distracts from the now.”

History should be an opportunity to learn, not a crutch or an excuse. And yet, so many people look to their past and fret about their choices, worrying over what they could have done better. That isn’t healthy! Learn from your mistakes, take experience from your past and only look back when you are trying to determine the way forward. Personal history has a nasty habit of distorting our views, so we must always remember to remain in the now and to allow our past to rest behind us.

4. UP (2009) – “I would like to award you the highest honor I can bestow, the Ellie Badge.”

UP is, in our opinion, one of the saddest movies Pixar has ever created. After 96 minutes and a box of tissues, this movie leaves its viewers dumbstruck after taking them on the emotional rollercoaster ride of their lives. Not wanting to end without causing a few more tears, the ex-curmudgeon Carl gives his personal touch to the badge Russell had been trying to earn the entire movie. While it wasn’t the assisting the elderly badge Russell originally set out to earn, the simple bottle cap Carl hands him was much more valuable. Business has a way of distancing the people involved – CEOs forget about their customers and employees become so intensely focused on their own work that they sacrifice any and all personal interaction with others. The strongest and happiest companies foster relationships, and even the most impersonal businesses can change.

5. Wall-E (2008) – “Recycle, exercise, and garden.”

Corporate might cannot run the world. That’s what we saw in Wall-E, and it’s a good lesson to end with. The human race became so concerned with consumerism that many people forgot to look up from the computer screen every once in a while and look at the stars. Use the New Year as an excuse to inject some of the natural world into your life. Try biking or walking a little more on your way to work, set up a recycling program for your business, and maybe even plant a little flowerbed behind your office. The world isn’t all about concrete, electricity and cash, though sometimes we all need a little reminder of that.

Have a good February everyone!

Doing iBusiness with MyCorp’s Very Own App!

Wednesday, January 4th, 2012

Happy New Year everyone!

As everyone recovers and begins to remember those resolutions they listed before they went out to celebrate New Year’s Eve, we thought it would be a good idea to help you all with something we’re sure is on a few lists; starting your small business.

Most people tend to put this particular resolution off, seeing it as a daunting behemoth of a task. Sure, you could go online and trudge through all of the research that goes in to starting a business and incorporating, but you’re stuck on that one level of Angry Birds and getting past that seems like it would be a lot more enjoyable.

But Angry Birds, while fun, isn’t quite as life changing or rewarding as founding your own company. So to help out those of you who have been putting off incorporation, we have distilled all of the information you need into an iPod/iPad application!

And it isn’t just for incorporations; you can conduct a trademark search, get information on copyright registrations and name checks, and easily access much of the information hosting on the MyCorporation website.

Our App team has made starting a business (nearly) as easy as rocketing a red bird into a pyramid of green pigs.

Best of all, our app is entirely free.

Head to the iTunes app store, download our application, and get started!

*Only available for download on the iPhone and iPad. We’re working on an Android version for later this year- stay tuned!

“Think Global, Act Local”

Monday, November 28th, 2011

While we haven’t seen the numbers from this year’s small business Saturday, we can probably assume it was a rousing success. The campaign garnered over 2.7 Million “Likes” on Facebook and had the Twittersphere buzzing with thousands upon thousand of tweets tagged with #smallbusinesssaturday.

President Obama’s campaign even gave the event the presidential push.

All of this is extremely heartening to see, especially during harder economic times. The phrase “Think Global, Act Local” is more than just a cute rhyme that fits well on t-shirts and placards. Working locally to improve your community is one of the most effective acts of kindness that you can undertake, and the results of working locally are typically felt right away. Even if you don’t have the time to volunteer or help out, you can do your part by putting a little thought into where you shop and buying from local, small businesses. Small businesses create jobs, pump money into the local economy and helps everyone in the community.

eLocal put out an awesome and highly informative Info-Graphic that shows exactly how doing something as simple as buying from local, small businesses instead of giant chains can both help your community and the natural environment:

Click to See the Entire Info-Graphic

As the graphic shows, buying from locally owned stores does more than just help your hometown. It really can have far reaching effects both economically and ecologically! So instead of buying groceries at Wal-Mart, drive out to a Farmer’s Market. And instead of doing your holiday shopping at Target, try and throw a little business to smaller, specialty stores.

Yes, doing this can take a little more time and energy, but the effects are wide reaching and, as eLocal’s graphic shows, well worth the effort. Hopefully we can extend the amazing reception Small Business Saturday received and continue to help local stores get a piece of the ever coveted market of holiday shoppers.

So enjoy your holiday shopping, and remember to give a little love to your local small business.

What Are Corporate Good Standing Certificates?

Wednesday, November 2nd, 2011

This week, our old friends and affiliates at fastARfunding return to discuss one of the most vital documents a limited liability company or corporation need, a corporate good standing certificate. These documents are vital for establishing invoice factoring facilities and much more, find out the benefits they offer below!

One of the most basic underwriting criteria for any factoring company will be the regular checking of your business’ certificate of good standing.  So, during the diligence and underwriting process, don’t be surprised or alarmed if the factoring firm requests copies of the state-issued document.  Note that the factoring firm is just filling a necessary due diligence step in their ongoing relationship management process and the information goes into one of their internal files.  The file folder could be labeled what have you done for me lately because the factoring firm may request this information at regular intervals to ensure certain things about your company.

I’m a firm believer that there are no “stupid questions”, so let me explain some basics regarding why a corporate good standing certificate document is important.  A certificate of good standing is a document issued by a state within the US that demonstrates that a limited liability company or corporation exists, is authorized to do business, and has complied with all the formalities within that particular state.  This type of document is critical for finance companies to have before advancing funds to you.  As important as a driver’s license is with regard to the ability to drive legally, a certificate of good standing is often required when a company wishes to enter into specific contracts or relationships.  A finance company contemplating advancing funds to you will be entering into exactly that type of contract, so all parties want to be sure they are legally allowed to be doing business together.

So, what’s in one of these state-issued documents anyway?

Typically, the document will:

1) Include your company’s name

2) Say that your company is incorporated and authorized to do business in the state

3) Ensure all fees, taxes and/or any applicable penalties owed the state have been paid

4) The company’s most recent annual report has been filed, and

5) That articles of dissolution have not been filed.

Note that if your company is not in good standing with the state in which it is incorporated, the state will often deliver a document that shows the corporate existence, but could also include a “bad standing” statement, which likely will negatively affect the reputation of the business and/or limit your ability to “transact” in the intended deal.

Having regular updates of a certificate of good standing is important for finance companies like FastA/R Funding who are continually entering into contracts to purchase your accounts receivable and advance cash to you.  Therefore, making sure a company has its state-issued good standing certificate would be considered one of the “basics” in dealing with a factoring company.

MyCorporation Remembers Steve Jobs

Friday, October 7th, 2011

“‎Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” – Steve Jobs, the Journey is the Reward, biography by Jeffrey S. Young (1988)

A modern day technological wizard, Steve Jobs touched the lives of countless people. Apple’s success would not be what it is without Jobs vision and tireless work ethic. More than a computer genius, Jobs inspired people beyond technology. He advocated a hands on, reach for the stars attitude.

Jobs was an entrepreneur and an innovator, two things we here at MyCorporation strongly believe in. This week, in memoriam, we dedicated our blogs to remembering not only his work but his legacy.

Focusing on Jobs’ wisdom, our Business Insider piece focuses on famous quotes throughout Jobs’ life. Excerpts include interviews given in when Jobs’ was just starting out, all the way up to a few years before his untimely death. Check out Memoriam of Steve Jobs by a Small Business Owner HERE.

Looking toward another side of Jobs, our Forbes follows his progression as seen through his eight Time magazine covers. The progression of covers follows Jobs’ career at Apple, characterizing him as a risk taker, flat out cool and one of the most influential people in the world. Check out One Good Apple: Steve Jobs and His Eight Time Magazine Covers HERE.

As stated by Apple, “Apple has lost a visionary and creative genius, and the world has lost an amazing human being.”

Photo created by HubSpot