Incorporation Master's Guide.

Incorporation Master's Guide.

Last updated: 7/2008

What You Should Know About Sole Proprietorships, LLC, S-corporations and C-corporations But Don't.

ompanies that offer business filing services seem to provide plenty of information about different business structures right on their websites. But are you sure they provide you with all information so that you can make the choice that is most beneficial for you and not for them?

I'm not going to badmouth anyone, but let me ask you this question:

Most casinos offer Poker and Blackjack lessons right on the premises. But do they teach you how to play those games so you can win or just so you can spend more money at their establishment while thinking that you are going to win?

I'm sure you know the answer. So if you are making your decision about which business structure to form based on what you've read on a website of a company that offers to file your incorporation paperwork, then you are no better off that an amateur gambler at the casino table right after taking a lesson in gaming from that same casino.

Hello- My name is George Monaco, and I would like to discuss various business structures available in the USA, including Sole Proprietorships, Partnerships, LLCs, S-Corporations, and C-Corporations from a completely unbiased perspective.

Choosing the wrong business structure or mismanaging a business can result in higher taxes, weakened personal liability protection, and excessive paperwork and expenses. To help you avoid these pitfalls, I will discuss each of these structures in great detail. I will also discuss the differences between them so that you can decide which business structure is the best fit for your business needs.

Based on the feedback I receive from people who contact me at the number listed below, I am going to make some basic assumptions and ask you to ask yourself a few questions.

If you are reading this website, then you have probably been searching for this information on other websites. Unfortunately, you have likely already decided which type of structure to select for your business. Perhaps you are searching online and reading this page simply to reinforce your established opinion about which type of business structure to form before making the final decision.

Perhaps you have already decided that you want to go with an LLC, and you have been searching online for information about an LLC structure. On the other hand, you may have decided to go with a full-blown C-Corporation structure, and you simply wish to find more information about this particular structure.

Regardless of which option you are considering, how can you be sure you are making the right decision for your business?

Think about it. What made you choose one structure over the others? Was your choice a result of thorough research, or have you based your decision on the trend of what everyone else seems to be doing?

If you are ...

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