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Many business owners operate their business as a sole proprietor or partnership without any formal agreements. While this is perfectly legal and sufficient for most purposes, it is lacking in one important area: LIABLITY.
Without incorporating your entity, you are leaving all your personal assets at risk. By simply filing the necessary documents to incorporate, you provide protection for your personal assets against creditors and any other liability for the company.
There are several options when incorporating: Corporations (“C-Corps”), Small Business Corporations (“S-Corps”), or Limited Liability Companies (“LLCs”). Each has its own distinct advantages and disadvantages; and since no one entity is right for everyone, you should consult with an attorney to determine which structure is best for you.
Moreover, contrary to popular belief, incorporating is simple and inexpensive, and our attorneys handle most of the work. So call or click today to schedule your appointment.