Business Finance Homework Help

Sally’s Request

Sally texts you, “Please find the Articles of Incorporation using the Florida Division of Corporations website (Sunbiz)) (Links to an external site.) website.”

Sally’s instructions ask you to:

1. “Fill it out NOW and submit assignment!” Follow the link to the Florida Profit Corporation (MyFlorida) (Links to an external site.) and fill out the Articles of Incorporation. 
2. Perform your due diligence and review the official requirements for completing the Articles of Incorporation. Make sure you respond on the Official Articles of Incorporation Certificate with answers that address the following Articles:Article I: The name of the corporation must include a corporate suffix such as Corporation, Corp., Incorporated, Inc., Company, or Co. A Professional Association must contain the word “chartered” or “professional association” or “P.A.”Article II: The principal place of business and mailing address of the corporation. The principal address must be a street address. The mailing address, if different, can be a P.O. Box address.Article III: Specific Purpose for a “Professional corporation”Article IV: The number of shares of stock that this corporation is authorized to have must be stated.Article V: The names, addresses, and titles of the directors/officers (optional). The names of officers/directors may be required to apply for a license, open a bank account, etc.Article VI: The name and Florida street address (P.O. Box NOT acceptable) of the initial registered agent. The registered agent must sign in the space provided and type or print his/her name, accepting the designation as a registered agent.Article VII: The name and address of the incorporator. The incorporator must sign in the space provided and type or print his/her name below the signature.The “incorporator” is the person who prepares and signs the Articles of Incorporation and then submits them for filing to the Division of Corporations. The function of the incorporator usually ends after the corporation is filed.An effective date: Add a separate article if applicable or necessary: An effective date may be added to the Articles of Incorporation; otherwise, the date of receipt will be the filing date. (An effective date cannot be more than five (5) days prior to the date of receipt or ninety (90) days after the date of filing). If a corporation is filed any time prior to December 31st, an annual report will be due on January 1st.
3. After completing the Articles of Incorporation, upload the official certificate for review. Use the information provided in the Sally case study and your Business plan information to populate the Articles of Incorporation. Where information is not available, develop answers based on the facts.