This interactive quiz will take you step–by–step through the process. In about 10 minutes, you will be ready to incorporate online if you choose to. 1. Do you have or plan to have employees? Yes No 2. Do you have partners or investors? Yes No 3. Is it important for the business to continue to operate after your or a partner's death? Yes No 4. Would you like to protect your personal assets against any liabilities that your company may incur? Yes No 5. Are you entering into business with family members? Yes No 6. Would you like the option to raise capital through the sale of stock? Yes No If you answered yes to any of these questions, incorporating your company could be the best choice for you. Do you know if an LLC or an S Corp is right for you? Click on the link below for the next page in the quiz. What is a corporation? Although there are different types of corporations, all may be defined as legal business entities that are separate and apart from their owners. This distinction may offer several key advantages over sole proprietorships and partnerships, including: Corporate stockholders (owners) are typically protected from liability for the corporation’s debts Corporations endure even after the death of an owner or a partner leaves Corporations can raise capital through the sale of stock Corporations may provide tax savings on health and retirement benefits
This interactive quiz will take you step–by–step through the process. In about 10 minutes, you will be ready to incorporate online if you choose to.
Corporate stockholders (owners) are typically protected from liability for the corporation’s debts Corporations endure even after the death of an owner or a partner leaves Corporations can raise capital through the sale of stock Corporations may provide tax savings on health and retirement benefits
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