What is a Shelf Corporation and what should I expect in 2010?

May 17

What is a Shelf Corporation and what should I expect in 2010?

I know that answering this question “What is a shelf corporation” at this stage of the game is late but I get new readers all the time, and I have yet to define a Shelf Corporation on my blog and touch on what is expected in these new times.

A shelf corporation is a corporation that has been put on the “shelf” to age. Typically, this corporation has not done any business previously and simply is there gaining age. In these more sophisticated times, myself and other shelf corp brokers, not all sell shelf corporations, but we also sell aged corporations. Aged corporations are not necessarily just on the shelf sitting there but they may be actually in business. This type of corporation is valuable once all previous debt has been paid off on time. This happens in a case where someone started a business and it did not work out but they paid their bills on time but could not generate revenue. Getting your hands on a corp like this is great.

In 2010, there are many brokers out there still claiming that you can get 100K in Cash Credit with NO PG. This is not going to happen with one corp. Nowadays, you may be able to get about 50K with no PG once you know what you are doing and work hard at it. You can also hey 100K in total cash credit if you have a solid fico score to pg the corp. Without these key elements, this is not going to happen. So if you see anything that is advertising anything otherwise, it is a scam. Shelf Corp King seems to be one of the most hard working scammers out there. They are marketing and advertising really strong but if you simply read their claims, it is impossible.

In this age, I do not suggest that you pay more than $5000 for a shelf corporation unless you have a specific need for a specific corporation. Shelf Corp Secrets is my new ebook on shelf corporations and you can have a look at shelfcorpsecrets.com for more details.

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