Entrepreneurs & The Value Of Incorporation Regarding Liability
Small business owners just starting out have an important decision to make when it comes to choosing which business structure is most appropriate for their needs and goals. It can be confusing trying to determine this sort of thing on your own, especially if you aren't sure what the differences are between a sole proprietorship, a corporation, or any of the many other business structures. While a single article cannot hope to describe in detail the differences between all the various entities available to entrepreneurs, the following is a brief description of how structuring your business as a corporation provides significant benefits regarding liability.