| For the novice business owner getting incorporated | | | | been incorporated we could have saved them tens of |
| seems like an endless stream of red tape, forms and | | | | thousands of dollars in most cases. |
| complications. How to get incorporated is one question | | | | Once that initial decision has been reached these |
| that they simply have too many doubts about and too | | | | same experts can provide all of the answers required |
| few answers to be able to make an educated | | | | as to how to get incorporated. This will include |
| decision. Luckily there are an army of consultants, | | | | assistance with the filing of articles of incorporation |
| lawyers, and accountants out there who can help | | | | which can be registered with the state in which the |
| provide the answers to how to get incorporated and | | | | business may wish to operate, or in other more |
| most of them for a minimum fee would be happy to | | | | business friendly states like Delaware or Nevada who |
| assist. | | | | encourage non resident incorporation by individuals |
| The first question to answer is not how to get | | | | outside of the state. |
| incorporated, it is should the business be registered as | | | | A Corporation has three distinct groups associated |
| a corporation in the first place. My belief is yes. Unless | | | | with the entity; officers, directors, and shareholders of |
| you are a really small company, less than $25,000 in | | | | the corporation. In filing for incorporation most states |
| annual sales, no employees, working from your home | | | | require the names and addresses of these groups of |
| and the products or services you sell have very limited | | | | the corporation, at least the primary officers and |
| liability exposure, you should be incorporated. | | | | majority shareholders. |
| Any good accountant or business lawyer can help a | | | | There are also a number of other requirements that |
| business determine very quickly whether incorporation | | | | have to be met in order for a business to be |
| is the best business model to pursue. Finding a good | | | | incorporated and these include the payment of all |
| accountant or business lawyer may be difficult | | | | applicable fees, taxes and levies of the state in which |
| however. In my experience there are several | | | | the business may be incorporated. There are no easy |
| accountants and lawyers that will tell their client not to | | | | answers to the question of how to incorporate a |
| incorporate, with no real reason or explanation, when in | | | | business but there are great resources out there to |
| fact they should have been. There are several | | | | help every business navigate their way through the |
| instances I have worked with business owners running | | | | system and make the best possible choice for their |
| as a sole proprietorship for the last three years. Just | | | | business interests. |
| looking at the previous year in business if they had | | | | |