It’s time for shorts and sunscreen, barbecues and bonfires. School’s out, the sun’s out, and it’s the perfect time to do what you’ve been wishing you could do for the past nine months. The past nine years, maybe. That amazing business idea, that company you’d love to start. Maybe you’re unsure where to begin, or maybe you know exactly what you’re doing but haven’t set aside the time to do it. The summer tends to be the least busy time of year here at Direct Incorporation, but here are five reasons you should start making moves to incorporate your business before fall:
1. Less time processing your paperwork
The amount of time an individual state takes to process your Articles of Incorporation can vary widely depending on factors like the time of year, the state of the economy, and the particular state’s backlog and staffing. January through April is the busiest time of the year for processing incorporation applications at many Secretary of State offices, and so taking advantage of the less busy summer months is a good way to lower your wait time, which can be up to 40-60 days when filed during the busiest months.
2. You give yourself more wiggle room
Incorporating doesn’t always go smoothly–you could run into any number of roadblocks, such as issues leasing property, working out the perfect website, or just finalizing your business plan. Giving yourself extra time to work out the kinks is far less stressful than trying to finish everything at once.
3. Meeting with the necessary people
It’s likely you’ll have an easier time scheduling any necessary meetings–whether you’re discussing a business plan with your partner(s), meeting with investors, searching for talent, or meeting with a brand consultant, it’s likely you’ll both be able to find some free time in your schedule to meet up.
4. People have more time to listen
Summer is full of opportunities to spread awareness of your upcoming business. People are out and about, and word-of-mouth marketing is not to be overlooked. Alternately, people have more time to be active on social media, and so using the summer to pop up on Facebook, Twitter, Instagram, and more is imperative.
5. Ready for the holidays
If you incorporate now, you’ll be ready to tackle the busiest part of the year as an already established business. Once fall starts, numbers 1 through 4 just aren’t the same. Besides, it’s more likely that you’ll be stressed out too, and that’s the last thing you want when you’re getting your business off its feet.
It’s summertime, and it’s time to get started. You don’t even have to put down your lemonade.