Fortune IP Group

Fortune IP Group We are a legal services company who show businesses/individuals how to target, protect, and profit off of their ideas.

Our expertise is business formation and intellectual property, which may be a trademark, copyright, or patent.

👉BUSINESS NAME RESERVATION💡Did you know that you can reserve a business name before you are ready to file?☑️ State to St...
09/12/2025

👉BUSINESS NAME RESERVATION
💡Did you know that you can reserve a business name before you are ready to file?
☑️ State to State timeframes vary but many reserve the name for 30 days
☑️ For the reservation period only your business can register the name
👉If you have a popular business name you were thinking of filing, don’t wait. Act now before it’s gone!
____________________________________________

💡OPERATING AGREEMENTS vs BYLAWS👉Operating Agreements lay out the internal operations & financial aspects of an LLC👉Inclu...
06/20/2025

💡OPERATING AGREEMENTS vs BYLAWS
👉Operating Agreements lay out the internal operations & financial aspects of an LLC
👉Includes management structure, member ownership, and & profit/loss distribution
👉Bylaws govern the internal operations of a corporation
👉Includes roles & responsibilities of the board, officers, & shareholders
☑️ Bylaws can be more complex and formal because of the structure of a corporation
☑️ Operating Agreements are usually more basic but still are highly suggested to protect the liability status of the LLC
____________________________________________

👉WYOMING VS. DELAWARE LLCs ☑️ Which state is the best to form an LLC in?💡 We pick WYOMING as the better state in 2025 to...
06/16/2025

👉WYOMING VS. DELAWARE LLCs
☑️ Which state is the best to form an LLC in?
💡 We pick WYOMING as the better state in 2025 to form an LLC. WHY?
☑️ Our customers overwhelmingly select Wyoming for anonymity, NO owners listed on Formation Documents
☑️ Delaware has outdated older systems and in 2025 still only deals in physical mail when sending formation documents
☑️ Wyoming has very cheap options for addresses even if you don’t live in the state such as Virtual Addresses & Registered Agents
___________________________________________

👉TEXAS LLCs ☑️ Liability Protection☑️ Unique/Flexible Tax Options☑️ NO Traditional Corporate Income_____________________...
06/05/2025

👉TEXAS LLCs
☑️ Liability Protection
☑️ Unique/Flexible Tax Options
☑️ NO Traditional Corporate Income
_____________________________________________

👉DID YOU KNOW…⬇️☑️ When forming a Non-Profit 💎 It’s easier to use a Corporation instead of an LLC_______________________...
04/05/2025

👉DID YOU KNOW…⬇️

☑️ When forming a Non-Profit

💎 It’s easier to use a Corporation instead of an LLC
____________________________________

📈THE SCALE SERIES: PART THREE (THE PEAK)➡️After you establish a Marketing Plan that works, how do you compete with the l...
03/18/2025

📈THE SCALE SERIES: PART THREE (THE PEAK)
➡️After you establish a Marketing Plan that works, how do you compete with the leaders of your industry? The Answer is Process/Automation

👉Your business must go from manual sales to automated transactions that roll in while you’e not working (passive). The key is for the business to be able to sustain EVEN if the Owner/Founder isn’t around. This is a key BENCHMARK in valuing a business for sale or worth. Can it run if the Owner takes a two-week vacation off the grid right now?

👉How do you get your business to this point: PROCESSES/AUTOMATION. Think about how your business would be if a customer could go from intake, to delivering the product/service, all the way to completion and continued marketing automatically! EVERYTHING can be automated in this day and age no matter which industry you are in. You just have to figure out how and which tools to use

👉Begin with a simple workflow of emailing customer intake to for your services agreements. To connect your processes from one stage of business to the next is when you will need someone who is savy in coding and other high level workflow technologies

📈DIY AUTOMATION
➡️Apps that will make bringing in new customers seamless
➡️Templates for Repeated Actions
➡️A Website You Can Pay Through***
________________________________________

👉WHY LLCs ARE VITAL FOR REAL ESTATE INVESTORS☑️ LAWSUITS: Tenants are filing legal cases everyday for various reasons. B...
03/13/2025

👉WHY LLCs ARE VITAL FOR REAL ESTATE INVESTORS
☑️ LAWSUITS: Tenants are filing legal cases everyday for various reasons. Business ownership of property is one of the best protections
☑️ RECORDKEEPING & TAXES: LLCs and Holding Companies will allow you to operate smoothly while paying minimal to NO taxes. Property ownership should decrease your tax bill not raise it
☑️ FUNDING: When seeking funding lenders will not take you serious without the proper structure. An organized portfolio with a property per LLC will open new doors versus lax personal ownership
___________________________________________

👉ANNUAL REPORTS & ADMINISTRATIVE DISSOLUTION 💡Did you you know thousands of LLCs are closed per year just because of the...
03/07/2025

👉ANNUAL REPORTS & ADMINISTRATIVE DISSOLUTION
💡Did you you know thousands of LLCs are closed per year just because of the Owner’s failure to file their Annual Reports?
👉 After an Annual Report is late several late fees will accrue on your LLC
👉 If these late fees are not paid your LLC will be revoked for failure to file an Annual Report
💡After 60-90 days under Revoked status the LLC will be Administratively Dissolved (closed by the state) and in most cases cannot be reopened
☑️ Many Owners don’t even know their LLC is closed and still operate as if they have a business. Doing so can lead to fines and jeopardizing personal assets without the protection of your Limited Liability Company
_____________________________________________

👉 THE SCALE SERIES PART II: CLEAR VISION☑️ After Finding Out You Can Make Some Money WHAT Does SCALING Look Like (for yo...
03/02/2025

👉 THE SCALE SERIES PART II: CLEAR VISION
☑️ After Finding Out You Can Make Some Money WHAT Does SCALING Look Like (for you) and HOW Far Should You Go? A Million Dollars Isn’t Everyone’s Goal

👉Any Owner/Founder should know WHAT they see for their business and WHERE it will go? After finding those answers, you will know the rate at which you want to scale (2x, 3x, or even 10x).

👉The #1 PROBLEM with quality businesses that aren’t flourishing is AWARENESS. Combat this with more MARKETING. Let people know WHO you are and WHAT you do

📈SIMPLE MARKETING BUILD:
👉Start with People You Know ➡️ Word of Mouth & Referral (if this start is not successful don’t fret many businesses take off in places where they are not localized)
👉Maximize Close Community ➡️ Target New Territory & Audiences
💡Start to Think Customer Growth as a Process ➡️ Social Media, Logo Targeting & Placement, & Some Industries TV & Mail
_____________________________________________

💡WHY A BUSINESS BANK ACCOUNT IS CRUCIAL👉 A guide to separate personal & business finances 👉The Beginning of Your Busines...
03/01/2025

💡WHY A BUSINESS BANK ACCOUNT IS CRUCIAL
👉 A guide to separate personal & business finances
👉The Beginning of Your Business Credit Journey
👉A Shield Between Conflicts & Personal Assets
____________________________________________

👉ADVANTAGES OF WISCONSIN LLCs☑️ Flexible Profit Distribution: Benefit of being able to select how you would like to dist...
02/26/2025

👉ADVANTAGES OF WISCONSIN LLCs
☑️ Flexible Profit Distribution: Benefit of being able to select how you would like to distribute profits (BIG Tax Savings)
☑️ Enterprise Zones: If the new LLC is registered within an Enterprise Zone the business owner will receive additional tax credits
☑️ Top Public Education System: Boasts one of the best public university systems in the country. An easy effective way to find qualified talent
____________________________________________

👉THE SCALE SERIES: DEFINE👉A word you will see often from us in 2025 is SCALE☑️ Scale simply means to grow your business....
02/20/2025

👉THE SCALE SERIES: DEFINE
👉A word you will see often from us in 2025 is SCALE
☑️ Scale simply means to grow your business. But if you break it down scaling should be looked at in terms of 2x, 3x, or 4x (doubling/tripling your business revenue)
💡Baseline Rule: If an entrepreneur can make $30-$40k in revenue without having focused on scaling you have a viable business idea
👉Scaling $30k at 2x is $60k. Scaling $30k at 3x is $90k
💡Don’t let anyone tell you your business can’t or won’t be successful. Find your baseline & SCALE
👉Part Two of the Scale Series will explain 2x/3x and how to do it
_________________________________________

Address

90 E Halsey Road
Parsippany, NJ
07054

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Website

Alerts

Be the first to know and let us send you an email when Fortune IP Group posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to Fortune IP Group:

Shortcuts

Share

Category