Facts About A Limited Liability Company
In today’s difficult economic climate, many people are discovering that working for themselves can be a realistic and viable alternative to working for a larger corporation.
Entrepreneurism has been a hallmark of the American economic landscape since the country’s founding. Starting a business has never been easier, but there are several legal questions to consider.
Many independent business owners decide to form unincorporated entities such as partnerships or sole proprietorships. (more…)
Small Businesses Receive Big Gains from Incorporating
Business owners face a variety of challenges on a daily basis. From inventory to growing a customer base, there’s always work to be done.
One area where the fearless business owner is apprehensive to tread is the question of incorporating.
Many see incorporating as another legal hassle they don’t have time to tackle. Plus, there’s always a cost involved, and in the end, what’s the benefit to incorporating a business?
The main reason behind incorporating a business is that it protects the owner in the event of financial difficulty or if a legal action is brought against the business. (more…)