Should You Incorporate?

Most people think of huge entities when they picture "a corporation." But it could be you.
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Owners of small businesses also form corporations, for several reasons:

  • To protect their personal finances and assets from business creditors
  • To protect themselves personally from actions of the business
  • To take advantage of "executive privileges" afforded to the corporation's employees
  • To begin business operations with a setup that provides for future growth through investors/shareholders

Excerpted from Starting a Home-based Business

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