Incorporating your business doesn’t have to be difficult.
Many years ago it was a necessity to walk into a lawyer’s office and spend expensive fees to set up a business structure. Not anymore. You can easily do this online.
A business can be set up as a C Corporation, S Corporation, Limited Liability Corporation (LLC) or non-profit.
Why Business Incorporation?
There are three main reasons to incorporate a business:
1. Transfer liability to a business entity which can protect your personal assets and minimize financial risk.
2. Change business tax filing status to a structure that often saves a business more money in the first tax year then what they would spend in incorporation fees.
3. Easier to raise capital for your business.