Launching From the Ground Up: Helping Entrepreneurial Ventures Hit the Floor Running

Top Quote Socially Conscious Companies Give Back, By Teaming Up to Help Small Business Owners Get Started In a Tough Economy (and Donate to Their Favorite Charities in the Process). End Quote
  • Los Angeles-Long Beach, CA (1888PressRelease) July 27, 2010 - In light of a struggling economy and rising unemployment rates, many of the nation's workers have been stricken with the entrepreneurial bug and are now looking to self-employment as a means to achieve their own American dream. Results from Challenger, Gray & Christmas' job market index reveal that unemployed workers starting their own business rose to an average 8.6 percent in 2009, up nearly 69% from the averages in 2008. This is no surprise, according to Entrepreneur.com, which says that economic turmoil is one of the greatest creators of entrepreneurial opportunity.

    In response to this growing self-employment trend, MyCorporation, an online document filing company, and Roozt.com, an online shopping platform that offers daily deals on products exclusively from socially responsible businesses, have announced a partnership to aid these budding entrepreneurs in a rough economy by offering discounts on incorporation filings and other business maintenance services.

    "As the job market becomes more grim, people become more emboldened to take the risks necessary to realize their dreams," said Deborah Sweeney, CEO of MyCorporation and empathizing entrepreneur herself. "Everyone always has that great idea for a company in the back of their minds, but sometimes it just takes a little push."

    Brent Freeman, Founder and CEO of Roozt.com, echoes that same sentiment. "We are entrepreneurs ourselves and understand the difficulties in launching a business, particularly in the wake of one of the most devastating recessions in decades. But we also know the incredible rewards that entrepreneurship provides. Each day, more and more people are deciding to start their own businesses, and many of them are incorporating responsible practices into their business models. Our goal is to do whatever we can to encourage this movement toward social entrepreneurship."

    Sweeney and Freeman intend to help small business owners push back, and added that incorporating or forming an LLC is one of the best ways for an owner to save money on taxes and gain limited liability protection to protect their personal assets. Many entrepreneurs seem to be catching wise to this fact, as the number of small business owners who choose to incorporate has steadily risen over the past few years.

    The new partnership will offer new businesses free corporation or LLC formation, and discounts on other products and services. In order to further encourage social responsibility through commerce, Roozt.com will donate a percentage of everything purchased on its site to a charity of the customer's choice.

    MyCorporation, founded in 1996, is a leader in online legal filing services. They specialize in helping entrepreneurs form LLCs or Corporations, and offer business maintenance services. Roozt.com (a property of MARCs Movement LLC) is an e-commerce platform targeted at Gen Y consumers, which provides its members with daily discounts on products and services from companies that are certified eco-friendly, ethical, humanitarian, and community-conscious. For every purchase made on its site, Roozt.com donates a portion to the charity of the buyer's choice.

    MyCorp contact info:

    Deborah Sweeney, CEO
    23586 Calabasas Rd., Suite102
    Calabasas, CA 91302
    (818) 224-7642
    dsweeney ( @ ) mycorporation dot com

    Roozt contact info:

    Brent Freeman, Founder/CEO
    115 Lomita Street
    El Segundo, CA 90245
    (415) 250-7615
    brent ( @ ) roozt dot com

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