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Should You Incorporate Your Business? 07/23/2014

Posted by Morse Barnes-Brown Pendleton in Venture Capital & Private Equity.
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By: Hillary PetersonCorporate Attorney Hillary Peterson

70% of all businesses in the country are organized as a sole proprietorship, but operating a business as an unincorporated entity is not without its disadvantages. Because of this, it is important for any business owner to consider forming a separate legal entity, such as a corporation, limited liability company or partnership, regardless of the size or nature of the business. There are a number of significant benefits to forming a corporation or LLC, including:

  • Protection of Personal Assets
  • Ability to Raise Capital
  • Perpetual Existence
  • Flexible Tax Treatment
  • Additional Credibility

Learn more here.

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