corporation

How You Can Benefit from a Corporation or LLC

January 4, 2010

Regardless of their size, all businesses can benefit from incorporating. Advantages of forming a corporation or Limited Liability Company (LLC) include: Personal asset protection. Both corporations and LLCs allow owners to separate and protect their personal assets. In a properly structured and managed company, owners should have limited liability for business debts and obligations. Additional [...]

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What is a Corporation?

November 22, 2009

A corporation is a separate and distinct legal entity. This allows it to do certain things. Such as… Open bank accounts under the corporations name and not the founders name, own property and perform business transactions and such under the company’s name and not the founders or the members of the board. A corporation is [...]

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