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Third Party Agents - Helpful or
Hindrance? |
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General pros and cons for having third party
agents |
In many states, business entities may act as their own
registered or statutory agent of record. It is always best to
check with the Secretary of State in your locality to ensure
adherence to the law. Some states require a third-party agent.
Let's review the pros and cons for such a decision.
On the one aspect, a third party registered agent provides a
business with necessary anonymity. More specifically, business
associates, customers and neighboring businesses are shielded
from any legal proceedings because all due process is served
through the registered agent.
The downfall is for that entrepreneurs and small business
owners who thwart control; they may not have it in them to
thwart control. Giving control even for the smallest of tasks
is sometimes very strenuous for certain personality types.
A third party registered agent also brings a layer of privacy
to the table. An example of how this privacy is beneficial is
in regards to junk mail. Mailboxes and e-mail boxes are full of
it . . . almost every day. Because the registered agent's
address is the one on record, management need not be bothered
with junk mail any longer.
Again, take into account those who lack the concept of
delegation and wish to control every aspect of their business.
Either you have a third party registered agent and reap the
benefits or you succumb to the overbearing loads of rubbish
pushing their way into your life.
If your state allows for a variance in choosing a registered
agent, it may just be worth researching third party agents
further. If your state requires a third party agent, choosing
the right fit for your business is definitely in
order.
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