Do I Really Need To Form A Corporation?
If you’re a business owner or a startup entrepreneur you need to set up the correct entity for your specific business.
You have four basic options:
Stay a Sole Proprietorship
Form a Partnership
Form a Corporation
Set up a Limited Liability Company (LLC)
Each of these business structures has different benefits and drawbacks.
Businesses often start out as sole-proprietorships or partnerships
These two structures are not advisable because they are both subject to unlimited liability.
Why a sole-proprietor...