- 100% customer satisfaction
- 100% accuracy
- Fast service – Same day in same day out. The same day place your order, your order is sent to the state for filing. The same day we receive your order from the government, it is sent to you. Nobody incorporates faster.
- 100% customer retention – By taking good care of you, we hope to have you as a customer for a lifetime.
Experience You Can Trust
Since 1906, General Corporate Services, Inc. has served thousands of business people, attorneys, accountants, physicians and others. General Corporate Services is committed to the bedrock values of Honesty, Value, Service and Customer Satisfaction.
You can trust General Corporate Services as your long-term partner in business. General Corporate Services has a commitment to excellence in providing you with the finest Corporations, Limited Liability Companies, Limited Partnership and Trusts. Moreover, we care about giving our best to our treasured customers at an economical price. Want proof? Please see our General Corporate Services reviews. Contact us via email. Allow us to serve you. You’ll be glad you did!
How General Corporate Services Started
General Corporate Services, Inc.’s founder B.F. Leete was a prominent businessman in the state of Nevada in the late 1800’s and early 1900’s.
An outsized presence in the business world, Leete had both Bezos’ bold vision and track record for innovation. The most interesting thing about all that is this: Leete began his life very much in the box. He had been an East Coast “crusty.” He could have remained an old economy kind of guy.
Spoiler: The major takeaway from this saga is that all businesspeople, not only entrepreneurs, have to use the best legal and financial strategies of the time to manage risk, generate income, reduce taxes, protect assets, and transfer wealth.
Spotting Opportunity No One Else Notices
The era in which Leete made his mark was the mid-19th and early 20 centuries. Supposed technology breakthroughs were plentiful but, by today’s standards, primitive. His playing field was the untamed wild west. In your mind’s eye you can see all the saloons on the dusty streets. Inside them are the worn stairs leading to hotel rooms with wooden floors and quilted bed covers.
What Leete and Bezos, who invented Amazon, shared was the ability to spot opportunity no one else noticed. That is how this – and, of course, every entrepreneurial story – begins.
Both also had the business instincts and skills to unleash the potential, the patience to see it through, and the confidence to shake off setbacks. Along the way Leete performed public service by helping other businesspeople realize their own dreams. In turn, communities thrived, at least for a while. The site of his first entrepreneurial venture, though, is currently a ghost town.
General Corporate Services Genetic Code
What you might call “Leeteism” is wired into our DNA. Here at General Services Corporate Services B.F. Leete’s vision, problem-solving, and tradition of public service have been our genetic code. That means you know we will listen. No two dreams are alike. We focus in on your unique business potential and challenges. Then, together, you and General Corporate Services decide on the most useful legal and financial strategies to build, protect, grow, and transfer your wealth. Meanwhile, our simplified procedures won’t drain the fun and excitement out of the rough and tumble of capitalism. And the fees are affordable. All those embed Leete’s values.
Not the Out-Of-The-Box Kind of Company
Leete, whose formal name is Benjamin Franklin Leete, could have hardened into what had been called the “Crusty.” They were those on the East Coast whose heritage reaches back to colonial times and maybe even a privileged background in the Old Country.
Born February 25, 1831 in DeRuyter, New York, Leete’s family pedigree included a governor of the colonies of Hartford and Branford. That was William Leete.
But a life that started out in such a conventional manner did not stay that way long. The universe had other ideas.
Initially, Leete had the classic education in the literary arts. That’s what a proper young man did back then. After that, though, he trained in civil engineering. That catapulted him into the game-changing world of railway transportation. He got to know the big players. The iron horse was Leete’s ticket out of old paradigms.
Leete’s first railroad job brought him to Nevada. Instantly he was released from the closed-systems mindsets of the East Coast. He thrived amid the freedoms of the west. Nothing was unthinkable. Everything was doable. Conformity? Smirk smirk.
From the get-go in Nevada, Leete was a very busy guy. He became a force in the transcontinental railroad. He was an officer in the Kinkead Gold and Silver Mining company in Pyramid Lake. That is where he learned plenty about the mining industry. He became a founding officer on the State Agricultural Society. He owned the Goylic Mill in Greenville. He was Presidential elector for William Jennings Bryan. A populist, Bryan, like the Kennedy dynasty, mesmerized with lofty rhetoric. Leete also married his soulmate from his hometown Isabelle McNeal. They had three sons. All three joined him in his business ventures.
Connecting the Dots
But what set his direction was, as with Amazon, leveraging one innovation to create others. For Amazon it was transferring the technology to sell books online to other kinds of ecommerce.
Lette used that newfangled invention – the iron horse – to put together a unique system for supplying what a mineral a mine out west needed. That mineral was salt. The mines used salt to process sliver ore. Leete also innovated other salt “apps.”
It played out this way. Leete connected the dots on the Comstock mine’s requirement for huge quantities of salt, the existence of nearby salt springs, and a conveniently located rail line operated by the Central Pacific for transporting the salt. That was the classic ah-ha moment in commerce. It is the business of General Corporate Services to transform that moment into the first steps on the journey to building, holding, increasing, and passing on wealth.
The Technology of the Desert Sun
Leete’s company was Eagle Salt Works. The technology was quite simple. His methodology for extracting the water from the salt beds was to transport the raw materials to the desert sun. That did the trick. Each and every day he could make 10 tons of salt per acre. The process was efficient. The cost was low because of the proximity of the railway. Between 1879 and 1884, his company shipped 334,000 tons of salt.
Salt expertise would be a terrible thing to waste. Of course, Leete commercialized his know-how. As a side hustle, for example, he developed and manufacturing sulphurated salt. The uses were primarily for farm animals. The products could prevent skin diseases like mange in horses and cattle and scab in sheep. Ranchers loved what Leete marketed.
A Proactive Company
Disaster could have happened in 1903. That was when the Central Pacific Railroad rerouted its main line. That closed down the transportation loop from salt beds to desert to mine. But Leete did not let that happen. He was proactive.
In 1902, he put together an interesting plan to present to Central Pacific. When they pulled up their tracks, he proposed, they would leave every other tie in place. The railroad bought in. And in 1903, instead of going out of business, Leete added to his enterprises the Eagle Salt Works Railroad.
An Invisible Hand
However, Adam Smith’s Invisible Hand did a smackdown on the silver mining business during the period 1906 through 1910. Demand declined. So then did the demand for salt. Long story short, Leete could not keep up the payments on the $23,535 loan he took out with Southern Pacific to build his own railroad. He filed for bankruptcy. Southern Pacific took over the salt business and the railroad.
Then as well as now, bankruptcy is a tool the U.S. legal system provides to allow a fresh start. Since Leete’s time, a number of strategies have been created to protect personal assets during a bankruptcy. Among the newer ones is the Asset Protection Trust (APT).
Was Leete’s first major entrepreneurial venture a failure? That is not how some in Silicon Valley view negative business developments. Instead they reframe them as great learning experiences. In applying for jobs at some tech companies, at least one, preferably more than one, of those types of bloopers are required to be on a resume. In fact, for a while failing was the new cool. A whole mythology emerged: Failure is good.
At General Corporate Services, though, we do not view business that way. Failure is not good. Instead we guide businesses how to establish corporate structures which reduce the financial fallout from the kind of reversal Leete experienced.
Part of Leete’s genius is that he had down cold that he had to manage risk. Then, just like now, so many factors impacting the enterprise were wild cards.
Way back in 1906, when being a vendor to the Comstock silver mine was souring, Leete did establish a corporation. It was called Leete Syndicate. Essentially it was a Nevada and California land holding company and gold mine operator. That represented a key step in taking advantage of the protections provided by the law and financial vehicles. Overall, America is pro-business. After all, it is the headquarters for global capitalism. U.S. president Calvin Coolidge went on record as saying that business of America is business.
In 2008, our existing company acquired General Corporate Services, Inc., the Nevada corporation Leete formed in 1906. That was a particularly good fit because we had launched our first firm in Nevada in 1991. The values of B.F. Leete exactly mirrored our own. In assisting clients, we can spot opportunities that our competitors may not. Those pertain to everything from which state or country to incorporate in to how to use an LLC or asset protection trust. Then, together you and the General Corporate Services team up for success and managing threats.
Many Ways to Serve You
Currently, we have five ways to serve you. They are through the brands we manage:
Asset Protection Planners ®
Companies Incorporated ®
Just Do Your Thing
Today, of course, business is more complex than it had been in Leete’s time. When he started out, he could, as the saying goes, “just do his own thing.” Essentially, his first big bang was putting together a low-cost system for supplying a needed mineral to miners. And, that innovation brought wealth to the miners and to the community. A rising tide lifts all boats.
If he were going on the playing field today, he would have to do a lot more legal and financial planning than he did in the mid-19th and early 20th centuries.
Today, at the front end, Leete would have to study options among the legal and financial approaches for licensing, permits, tax reduction, shielding assets from creditors and jury verdicts/settlements, earning income from investments, and transferring wealth during a lifetime and after death.
One challenge is that there are so many options. We sit down with you and explain in detail the pros and cons of each.
Change the Constant
Along the way everything can and will change, as Leete found out about silver mining. So, the legal and financial strategies might also have to change. General Corporate Services is there with you on that entire journey. The business is yours. But you do not have to go it alone.
We make it our business to anticipate what is happening currently and what could happen down the road in terms of regulatory and litigation threats. Each national and state election can be a game-changer.
The good news is this: Risk can be tamed, for businesses at all stages, from startup to scaling to mature. Assets, large or small, deserve multi-layers of protection.
Testing Our own DNA at General Corporate Services, Inc.
Suppose you sent our DNA to one of those services such as Ancestry. The report back to you would confirm that General Corporate Services is:
- Staffed by niche experts. They have hands-on experience in sectors ranging from real estate to retail. We make it our business to know your business.
- We are programmed to identify narrow underused and just-opening-up passageways in wealth creation, tax reduction, protection, and transfer.
- Customer-Centric. We are “in” your business. That is why we provide a satisfaction guarantee.
- One-stop “shopping.” As an aggregate, the four units provide comprehensive service.
- Total confidentiality. We not only process your transactions to ensure privacy. We lock that into your financial planning. The classic example is how we assist you in establishing an offshore company.
- User-friendly. We have transformed “red tape” into simplified procedures. The logistics of business formation need not make your feel like you are caught in a bureaucratic loop.
- Same day in same day out for many transactions. As Benjamin Franklin, whom our founder was named after, observed: “Time is money.” We do not want you to miss out on a minute of earning power.
- Trusted brands like ours do not have to be high-cost ones.
- Online through our Learning Center and one-on-one in-person we share best practices. They include how to conduct business with foreign prospects and customers.
Please contact us at 888-234-4949 or complete our online consultation form.