Ask a Bookkeeper: Why You Would Not Incorporate Part 2
There’s always give and take when it comes to assessing the direction of your business, and I want to help you get the full picture to help guide you through your entrepreneurial journey!
Now, let’s discuss why you would not incorporate your business:
Ask a Bookkeeper: Why You Would Incorporate Part 1
The most important factor to consider is whether incorporating your business will provide you with the most tax and legal benefits for your situation.
Generally, incorporating a business can provide certain legal protections and tax advantages such as limited personal liability, greater access to capital, etc.