What Are the Steps to Forming a Corporation?

Answer Incorporating your business turns it into a separate legal entity. You'll gain personal asset protection against business losses and debts when you incorporate your business. Forming a corporation ... Read More »

Top Q&A For: What Are the Steps to Forming a Corporation

Strengths & Weaknesses of Forming a Corporation?

Forming a corporation takes an owner-run business and coverts it to a legal entity of its own under state laws. A corporation consists of a person or group that owns shares of the business, but the... Read More »

What is the benefit of forming a not-for-profit organization over a normal corporation?

If you can qualify as a non-profit you don't have to pay tax, receive special considerations in some bids, and can use the designation in your marketing materials. There are a lot of rules around h... Read More »

What Are the Steps of Forming a Franchise?

With luck, planning and hard work, a successful business can grow into a large franchise. McDonald's started as just one fast food restaurant; now, there are thousands of stores in the United State... Read More »

What Are the Benefits of Forming a Corporation and a Corporate Business Credit for My Business?

A corporation is a separate and distinct legal entity with all the legal rights of a person. Corporations can enter into contracts, sue and be sued, purchase and own property. A corporation can use... Read More »