Our nominee service (nominee being you) is our most in demand service where an LLC is formed in your name and the business setup is completed for you. Marketing, sales, customer service, and all operations of the business, except banking, are outsourced to a predetermined client. Banking will be completed by the nominee, but B&K provides detailed instructions for any banking tasks that need to be completed. Besides the bank account opening, the majority of the banking can be completed through online banking and usually takes less than 20 minutes per month.

Part of the business setup includes applying for merchant accounts, which is the account that allows a company to accept credit cards for payment. Click the following link for additional information on merchant accounts, Investopedia – Merchant Account.
Merchant accounts for companies that operate exclusively online have additional regulations compared to traditional retail stores. This is due to the fact that a credit card is never swiped or physically present during an online purchase. While credit card transactions that take place at retail stores require the card to be physically present and inserted for payment. According to the merchant account providers, since online transactions do not have the credit card physically present it makes it a riskier form of payment. Therefore, the merchant account providers set a maximum limit on monthly sales processed by credit card.

Please visit the Nominee Steps for the verification documents needed and information on the steps involved in becoming a nominee.

B&K’s Nominee Service vs Traditional Nominee Services

Googling “Nominee Services” will result in endless, varying definitions. Most of the current nominee services want to take control of your existing business and require you to pay fees. Giving up control of your existing business where you have invested time and money is a very risky proposition, but B&K does not do this. B&K has an improved take on nominee services that eliminates risk and provides an opportunity for additional income.

In B&K’s model, the newly formed LLC has no value, you are not investing or paying any fees, and there is no risk to you if the company isn’t profitable. You will receive a guaranteed monthly payment, enough to make life easier, but not enough to make you rich.

Please visit the Nominee Steps to see details on the steps involved in becoming a nominee for B&K. If you have questions please visit the FAQ section or Contact Us to discuss in further detail.