Entrepreneur's Journal: Is It Time to Incorporate?

Filed under: Competitive Strategy, Small Business

Of the millions of business across America, only a small percentage are incorporated. Perhaps one of the biggest reasons is the cost. For example, in California there is a whopping $800 franchise tax fee. Yes, in today's tough economic environment, this is certainly a big deal.

Another problem is the paperwork, which can distract from your business.

But if you want to operate a sustainable business, you should really think seriously about incorporating. The benefits often outweigh the costs. Let's take a look:

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Entrepreneur's Journal: Is It Time to Incorporate? originally appeared on BloggingStocks on Sun, 09 May 2010 17:40:00 EST. Please see our terms for use of feeds.

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Small Business - Business - California - Entrepreneur - United States

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