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Entries for the ‘Incorporating’ Category

Disadvantages Of Incorporating Your Small Business

If you’re considering incorporating your small business you’re probably already aware of the main advantages, like protection of your personal assets. In this article I’d like to discuss some of the disadvantages of creating a separate entity for your business. There may be some negative factors you haven’t considered, since we’re not selling legal services [...]

The Untold Secrets about Incorporating by a First-Timer who Learned Late

Have you ever wondered what it means to be incorporated? If it’s really worth the time and money…. and anyway, just how much time or money might it cost? Is it for me or my small business? How do I do it? And lastly, why haven’t I heard about this before? Well, the chances are [...]

Advantages of Forming a Limited Liability Company (LLC)

Flexibility, Limited Liability, Tax Relief and Confidentiality There are several advantages for a business organized for purposes other than banking or insurance to establish itself as a Limited Liability Company rather than as a corporation. A Limited Liability Company (LLC) is a hybrid between a corporation and a limited partnership. Members are afforded the limited [...]