2006-06-07 09:52:42 · 4 answers · asked by soraya 1 in Business & Finance ➔ Corporations
sure if you still want the job
2006-06-07 09:55:31 · answer #1 · answered by YourDreamDoc 7 · 0⤊ 0⤋
It is almost always in your best interest to incorporate in one form or another. Within the US, the owners of unincorporated businesses (such as partnerships and sole proprietor ships) are personally liable and all of their assets are at risk. This risk is to creditors (such as your suppliers and landlord) and even your customers in the case of a lawsuit.
For most small businesses in the US, a chapter "S" corporation provides some protection from these risks without forcing you to pay corporate income tax. For more information on what types of corporation may be right for you, consider consulting with a local lawyer or CPA, as your business plan effects the type of organization which is appropriate for you.
2006-06-07 10:20:14 · answer #2 · answered by MJH 2 · 0⤊ 0⤋
It depends on the type of corporation you form. You should research the different types of corporation and see which one might work best for you.
2006-06-07 09:55:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
There are plenty of free informational resources out there. Check the source box for links to articles & sites.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-06-08 09:06:05 · answer #4 · answered by TM Express™ 7 · 0⤊ 0⤋