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Limited Liability Top Related Articles
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1). Insider Secrets about Corporations: Or, Why Should I Incorporate? By : Germaine A. Hoston
-"Why should I incorporate? I can just do this business as a sole proprietor, right?"
-"Isn't it complicated and expensive to form a corporation?"
-"I run my business with my spouse, and we have a partnership. Why would we need to have a corporation?"
These have to be the most frequently asked questions that I--and my own financial and legal advisors--get from our clients.
Article Related to: incorporate, corporation, irs, taxes, inland revenue, small business, home based business, entrepreneur, limited liability, asset protection
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2). Why You Should Never Operate Any Business as a Sole Proprietor By : Germaine A. Hoston
One of the primary attractions of being an entrepreneur is being that feeling of being "independent". Defining yourself as an independent entrepreneur does not settle the question, though, of how you should organize and operate your business.
All too often new freelancers assume that being independent means being a "sole proprietor." In the United States, that means that you simply operate your business as your alter ego--you might set up a separate bank account, but you basically operate your business as an extension of yourself.
Article Related to: business success, small business, solo entrepreneur, entrepreneur, start a business, sole proprietorship, partnership, incorporate, corporation, limited liability
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3). Make 2006 Your Most Profitable Year Ever: 5 Crucial Steps for Every Entrepreneur By : Germaine A. Hoston
Many of us maintain the tradition of making New Year's resolutions for our personal lives. The New Year has just as special significance for our businesses too.
Whether you're an experienced business owner or are just starting out (or thinking about starting a business), there are 5 crucial steps you need to take at the beginning of the year to assure the 2006 is your most prosperous year ever.
Article Related to: home business, small business, entrepreneur, incorporate, corporation, legal entity, llc, limited liability, limited partnership, sole proprietor
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