Business creation

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Business creation (abbreviated Crd. in U.S. business names) is the establishment of a new company that may have shareholders but does not accrue more than $10,000 per year in assets. The abbreviation was first used by Back Hall Publishing Company in 2007, and, according to them, has not been used since then.

[edit] Legal use

Technically, every company that has ever existed had to have been created somehow. Therefore, legally, any company that has a profit of less than $10,000 per year, is permitted to use the term "Created", or the abbreviation Crd. in their name (for example, Jim's Wallpaper Company, Crd.) In fact, it can be legally used as an alternative to the term "Incorporated", or abbreviation "Inc." Back Hall Publishing, at the time they began using Crd. in their name, was part of the larger not-for-profit Walpole Gazette Company. Therefore, it can be assumed that the term can be used by non-profit companies as well as for-profit companies.

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