Form a Corporation or LLC
When you first start your business, it is treated as a sole proprietorship or general partnership. Establish a legal business entity like a corporation or limited liability company (LLC) to protect your personal assets and establish credibility with customers and potential partners.
Why Incorporate with GoSmallBiz?
Protect your personal assets
The primary benefit of forming a corporation, LLC, or other business entity is the limited liability protection that a business entity provides its owners. This limited liability protection, which is also known as the corporate veil, protects a business owner's personal assets from the claims of business creditors. It also enables the separation of multiple business owners’ assets.
Establish business credibility
Establishing and maintaining a legal business entity immediately provides your business a level of credibility with potential employees, customers, investors, or business partners. Knowing that they are working with an official, formal business opens the door to new opportunities.