You may not have considered it, but if you’re starting an internet business, you’re starting an actual business-and that means constructing a legal entity, usually a sole proprietorship, a LLC, or a corporation.
Three Mistakes Small Business Owners Make After Incorporating
Incorporating a business has several advantages. Some of these advantages include: protecting the assets of the shareholders and officers, protecting the assets of the business from shareholder and officers actions, improving the image of the company, separating your personal and business credit and saving money on taxes.
Incorporating Your Business Using Three Simple Steps
Incorporating your business today is much easier than it was 10 or even 20 years ago. Here’s three steps; securing your corporate name, filing the necessary documentation and paying the necessary filing fees. You can complete these steps yourself, use an incorporation service provider or have an attorney complete them for you.
Incorporating Investor Feedback into Your Business Plan
Investors, like the rest of us, have different tastes. One investor may love a concept and/or business plan while the next may hate both. It is important to understand this as business plans are working documents and are always undergoing iterations.
How to Save Thousands of Dollars a Year in Taxes by Incorporating
Someone once remarked, “Next to being shot at and missed, nothing is quite so satisfying as an income tax refund.”
Tax Benefits of Incorporating
If you operate a corporation, you can enjoy a number of tax advantages that generally aren’t available to sole proprietorships and other forms of business. Here are some of the most significant tax benefits and advantages the IRS allows incorporated businesses.
What You Need To Know About Incorporating Your Business
Most US-based small businesses are getting eaten alive in taxes! That statement has proven itself true over and over again. However, while small business owners want to save money, many are literally afraid of incorporating their companies. The paperwork, the additional reports, having a set payroll amount each month, and other visions swirl around their heads. Those visions could be costing you a ton!
Incorporating You
Running a business involves risk – the risk that the business may either succeed brilliantly or fail miserably. Or neither. The upside is high — financial and (perhaps) time freedom; independence; unlimited earning capacity.
Tax Questions Answered: Incorporating
Hi Wayne,
I would like to incorporate my company. Some people are recommending to incorporate my company in Delaware. I would like to know how it works. If you charge for this advice or if you can help please let me know what is the cost for your help.