Spend the extra time now exploring the best foundation on which to build your dreams. Consult with experts in the field and consider all options before making any final decisions. Choosing just the right descriptive name, city and state most supportive of your type of business, the colors of your business cards, incorporation, sole proprietorship, limited liability company, etc., all convey an image of your company. Consider the following benefits regarding incorporation. Corporations typically want to do business or collaborate with other corporations.
Corporations provide owners and directors protection from personal liability.
A corporation exists as a separate structure. Shareholders are not personally liable for corporate debt. Corporations are the most enduring legal entity and do not terminate on the death of the founder, owner or partner. Corporations offer anonymity to the owners. If an owner does not want her or his name known, incorporation is a good choice.