Should I Incorporate My Business?
In the current environment, the creation of a corporate being has become the Holy Grail of a new business. Corporate structures can help and are optimized by fitting it to the specific needs of the company at its current stage of development. Your business operates and grows in a manner that protects you personally from various lawsuits, reduce taxes, can provide and have a wide range of benefits, provide better access to capital from investors and banks.
Becoming a corporate businesses, allows home-based businesses or mom-and-pop companies to take advantage of benefits originally designed for larger companies. Even small businesses, such as those that produce incomes around $100,000 can benefit from incorporation.