Wednesday, August 09, 2006

Incorporation

Easy Ways to Incorporate Your Business

If you are starting a small business, or have a small business that is starting to expand, you probably want to look into incorporating your business to make it a separate legal entity from yourself. Creating a corporation or LLC (Limited Liability Company) is a great way to lessen the liability that can occur if your business fails or another party sues your business. Here are some tips on some easy ways to incorporate your business.

Incorporating your business is actually a quite simple procedure. Many people can either incorporate their business on their own or have a lawyer incorporate your business for you.

If you decide to incorporate your business on your own, check out incorporation guide books that have all the information to incorporate your business in the state that you choose. You can easily complete the forms and send them to your government office. You can incorporate your business or start an LLC for less than $200 and that includes choosing your businesses name.

If you don’t feel like going it alone, you can hire a lawyer that will incorporate your business fast and easy. Most lawyers will charge you less than $500 and fill out the necessary paperwork as well as register your businesses name for you. So if you are looking to start a small business or expanding your present business, look into incorporating it.

2 Comments:

Anonymous Anonymous said...

Interesting post. I want to run a business soon, and it'd be nice if it became worth incorporating. In any case, I'd like to buy a business instead of starting one from scratch, but I haven't had much luck looking for one. Any suggestions? Thanks.

2:48 PM  
Anonymous Anonymous said...

Amanda-- Have you looked into local small business groups? They might be able to help and direct you. Plus, it's always good to network and get to know your fellow entrepreneurs.

I also suggest BizTrader.com, because it's this online global marketplace where you can invest in, buy, and sell a small business. You can even use it to find a lender or find a broker, should you need either. Good luck!

12:00 PM  

Post a Comment

<< Home