Do you see yourself in the following? Your customer base is starting to increase, you’ve shipped your product on time, invoiced you customers, and now it’s time to get paid. But, wait—Did you establish payment terms? Many new businesses leave payment up to inertia, believing that payment will follow work provided, but not all customers will observe that formula. For the most part, clients and customers want to do the right thing and pay, but things happen. Sometimes, you find that exception who doesn’t pay timely or avoids payments.

While it’s obvious that the speed of technology affects businesses, allowing for faster product to market, there is another emerging influence that can affect businesses equally much. With social media, the feedback loop between consumers and business works faster, too. Now, responses by consumers are immediate, requiring equally fast responses by businesses. More than ever, it is critical for business owners to constantly keep their finger on the pulse of the market.

You probably know that starting a business requires an innovative idea, a solid business plan, and a funding source to launch. But, do you also have the Registered Agent ready to go? Do you need a Registered Agent?