The other day I had the wonderful opportunity to chat with Anita Campbell on the Small Business Trends Radio Show, where we discussed legal tips that entrepreneurs need to know when starting their business. I want to reiterate one part of that conversation, because time and time again I encounter passionate entrepreneurs who are turning out innovative products, groundbreaking services, fantastic business models, impressive balance sheets, but overlook one thing…a legal business entity.
Too often, small business owners consider their ventures too small to worry about forming a business structure…and think that having an “Inc.” or “LLC” after the company name is only for large businesses with mazes of cubicles and a big payroll. I’ve heard all kinds of statements, including, “I don’t need anything complicated. I’m just a one-person operation. My customers like working with a small business, so why would I want to change?”
To read the full, original article click on this link: Incorporating Isn’t Just for Big Corporations
Author: Nellie Akalp
