Web Writing, Projects, Theories

I’ve never heard a good answer to this question, but I’ve known the answer must be simple and logical.

I searched around and found a good answer, until I found this. It’s a very simple site but has accurate and reasonable information.

So what I learned: very small businesses with only one person or a sole proprietorship probably don’t need to incorporate, although one benefit is you get to make yourself look more established by putting LLC or Inc. next to your name.

The times when it does become important are when you have employees and more diversified liabilities, then you will want to protect yourself personally, although this corporate layer isn’t going to protect you from being a moron.  You could still get sued and be liable in some cases.

Another reason for small businesses not to incorporate - you’d have to pay fees and/or operate your business in a way that complies with the regulatory laws of that state, which you might not want to do. However, I also found out why Nevada and Delaware are populare incorporation states from two other websites I read. Although this second link charges extra because they’re more of a service, not sure that I would ever want to use them, but maybe.

Good things to know!