This is Part 3 in a multi-part series about my journey to incorporation as an LLC as a military spouse entrepreneur stationed overseas. I hope that by documenting this journey publicly, I can help other spouses navigate the waters more smoothly, and that I can raise awareness about policies that make entrepreneurship (a concept that is often viewed as the best solution to the military spouse employment conundrum) more challenging for the military spouse than for his or her civilian counterpart. Read Part 1 and Part 2 in this series.
After figuring out the basics of LLC incorporation, I realized I had no idea what state to register my LLC in. My husband and I are legal residents of different states, and I have absolutely no tie (no property, no bank account, etc.) in my current state of residence: Colorado.
As long as we’re stationed in Germany, I keep my Colorado residence, but as soon as we PCS back to the U.S., I’ll have to change my residency to the state where we become stationed. So where should I register my business? I’m not sure.
I’ve contacted three organizations, each of which directly or indirectly support military spouse business owners, searching for answers.
The Military Spouse Business Association “is dedicated to the Military Spouse interested in Financial Readiness, Self Motivation and Business Success” (source). One of the services the MSBA offers is free consulting with a pro bono attorney. I contacted the MSBA with my overseas incorporation question and heard back within a few days.
“In Gear Career is a nonprofit who believes passionately that “sacrifice” doesn’t have to mean giving up your career. We are here to help you navigate the unique realities faced by the career-minded Military Spouse” (source). I’m in the same Facebook group as the executive director of In Gear Career, and she suggested I contact her directly, via email, with more information about my situation. I sent her my question and am excited to see if she’s able to help.
SCORE, which I found as a referral from the MSBA, fosters vibrant small business communities through mentoring and education. The SCORE Veterans Fast Launch Initiative is a “combined package of free software and services combined with SCORE’s mentoring program in order to help accelerate the ability of veterans and their families to start and succeed as small business owners” (source).
I leveraged SCORE’s mentorship program by reaching out to an retired-attorney-turned-college-business-instructor. I emailed him my questions, and heard back within 24 hours. I’ll tell you more about his response — and the responses I received from the other two organizations — in future posts.