The ultimate new grad gift

INC. THIS MORNING The ultimate new grad gift Good morning, How do you inspire a bunch of new college graduates to start their own businesses? One Atlanta entrepreneur believes giving them access to their own LLCs is a good bet. Over the weekend, Pinky Cole, the founder of booming restaurant chain Slutty Vegan, announced that she would give each of the 800 graduates of Clark Atlanta University, her alma mater, the ability to register a Limited Liability Corporation, in partnership with Varo Bank, a fully-digital bank. The cost of filing an LLC varies based on the state; in Georgia it's $100. On average it costs roughly $50-$250. LLC owners can write-off certain startup costs, so the gift of an LLC may be worth the price tag for ambitious young people looking to start a business. Read on for why Cole believes this gift just may be the push grads need to get some great ideas off the ground. SPONSORED CONTENT What do teams need to collaborate effectively? monday.com Work OS is the flexible work platform that combines real-time collaboration with efficient project management-- in one place. Learn more. HERE'S WHAT ELSE I'M READING TODAY: Investing in your workers is the smartest bet a small-business owner can make. Just ask the companies on our Best Workplaces’ Editor’s List. –Inc. This founder achieved viral fame, and then it sent her company into a tailspin. –Inc.  Microsoft is offering an expanded cybersecurity suite to help companies navigate a burgeoning threat landscape. –Inc. To some people, the pursuit of workplace happiness can seem like a corporate attempt to turn feelings into productivity. –NYT  Businesses are offering awards, mostly in stock and often worth millions of dollars, to keep their best talent. –WSJ  ONE MORE THING: In a political minefield, follow your principles, not just profits. –Inc. --Brit Morse Associate editor, Inc. How are we doing? Send me ideas and feedback at BMorse@inc.com and on Twitter at @britnmorse. Join the visionaries who choose Inc. as their trusted source for the most accurate reporting on business. Join Inc. Unlimited today. Click here to forward to a friend. This email was sent by: Mansueto Ventures 7 World Trade Center, 29th Floor New York, NY, 10007, Unsubscribe • Update Profile • View in Browser • Privacy Policy