Optimum Business Group LLC

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Optimum Business Group LLC Optimum Business Group your key to unlocking Business success!

Most lenders issuing loans and credit lines will require tax returns on top of P&L statements and bank statements to ver...
06/23/2022

Most lenders issuing loans and credit lines will require tax returns on top
of P&L statements and bank statements to verify your income. Your tax
returns must show good profits, the amount you show will determine
the amount of money you are approved for

A Limited Liability Company (LLC) is a form of business whose owners enjoy limited liability, but which is not a corpora...
06/23/2022

A Limited Liability Company (LLC) is a form of business whose owners enjoy limited liability, but which is not a corporation. A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation; it is a legal form of company that provides limited liability to its owners. LLCs do not need to be organized for profit.
In certain US states, businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but required to form a very similar entity called a Professional Limited Liability Company (PLLC).
A Limited Liability Company (LLC) is a hybrid business entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are). An LLC, although a business entity, is a type of unincorporated association and is not a corporation.
The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. It is often more flexible than a corporation, and it is well-suited for companies with a single owner.

Shelf corporations are not looked upon unfavorably by regulators, lenders, or the business reporting agencies. Many say ...
06/23/2022

Shelf corporations are not looked upon unfavorably by regulators,
lenders, or the business reporting agencies. Many say they are unethical,
borderline illegal, and some call them a fraud.
From Dun & Bradstreet… “It is unclear whether it is legal to use shelf
corporations to access credit. It is clear, however, that this is a deceitful,
unethical maneuver that serious entrepreneurs should avoid.” If the
credit bureaus learn about the company being under new management,
they will list it on their reports, effectively “re-aging” the company.

Doing Business As (DBA) denotes a business name used by a person or entity that is different from the person’s or entity...
06/23/2022

Doing Business As (DBA) denotes a business name used by a person
or entity that is different from the person’s or entity’s true name. Filing
rudiments vary and are not permitted for some types of businesses or
professional practices. DBAs can be sole proprietorships or can be used
by corporate entities to reserve brand names, such as those of chain
stores owned and operated by a holding company or other umbrella.
The phrase “doing business as” (abbreviated DBA, dba, d.b.a. or d/b/a) is a
legal term used in the United States and Canada. It means that the trade
name or fictitious business name under which the business or operation
is conducted and presented to the world is not the legal name of the
legal person(s) who actually owns the business and is responsible for it.

Address

15720 Brixham Hill Avenue Ste 300
Charlotte, NC
28277

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+18663010418

Website

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