This article is good advice for startups to help you learn more about incorporating your business.
HOW TO: Incorporate Your Startup at the Right Time
Nellie Akalp is the CEO & Co-Founder of CorpNet, her second incorporation filing service company based on the simple philosophy of truth in business and her strong passion to assist small business owners and entrepreneurs. Follow her on Twitter @corpnet and Facebook.
Now that we're nearing the home stretch of 2010, it's a good time to take stock of various odds and ends for your business. Perhaps you have been considering the idea of incorporating your business, but haven't exactly made the time in your daily calendar or you just aren't sure when is the best time to do so.
When should you incorporate? There is no time like the present, and the simple answer is: right now — right when you're mulling over the possibility. After all, the sooner you incorporate or form an LLC, the sooner you can start reaping the rewards of incorporation; the potential tax savings and legal protection.
But there are a few other considerations that may influence the timing of your decision.