Growth Strategies

To incorporate or not to incorporate? That is the question.

min read
Opinions expressed by Entrepreneur contributors are their own.
There are benefits far beyond taxes that would lead you to incorporate -- such as protecting your personal assets. It doesn't matter how little you earn, if you are not doing business as a corporation (or LLC), your personal assets are at risk from judgment creditors.

If you're only earning $10,000 a year from your venture, you also have other important issues, namely, have you done the right business planning to make your business a success? If you're serious about moving forward with your business, speak to an attorney and an accountant to determine the business form (corporation or LLC) that's right for you.

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