| 10 |
Inc.
looks really cool next to your business name. |
| 9 |
Legally,
a corporation is the most enduring business structure. |
| 8 |
A
corporation is an entity of its own, where officers, directors,
and shareholders can change as often as you like without affecting
the business. |
| 7 |
The
transfer of ownership of a corporation can be handled with the
simple sale of stock. |
| 6 |
Unlike
a sole proprietorship or partnership, a corporation lives on
even when the owner dies. This can be important to the family,
because stock in a corporation can be left to children or relatives. |
| 5. |
One
thing that is vital to any business is capital. With a corporation,
capital can be raised easier than in other businesses by selling
equity interests or stock. |
| 4 |
Business
owners can shield themselves with anonymity by incorporating.
This can be especially important if a business person does not
want their involvement in a business to become public knowledge. |
| 3 |
Large
advantages exist for corporations in the form of tax-deductible
benefit and retirement plans. |
| 2 |
Corporations
also offer several other tax advantages. In fact, most business
related expenses such as meals, travel, entertainment, etc.
become tax-deductible. Let your imagination be your guide there. |
| 1 |
CYA
(Cover Your Assets!)
PROTECTION, PROTECTION, PROTECTION! This is and will
continue to be the number one reason to incorporate!
|