The BizFilings blog covering business tips and trends.
What Made You Decide to Incorporate Your Business?
Published on Apr 30, 2010
What Made You Decide to Incorporate Your Business?' at 'Time to Start Up,' the small business blog by BizFilings.
As a small business owner, you are most certainly aware of the benefits when you incorporate: personal financial liability protection, credibility and tax advantages all make the top of the list.
But I’d like to unearth the motivation behind your decision to incorporate in the first place.
Did you need to incorporate or form an LLC because:
You hired your first employee?
You hit a certain level of income? Or your profits ballooned?
You landed a big contract?
You made a life-changing purchase? Or perhaps you experienced a life-changing event?
Or did you just decide it was time to incorporate? What was that pivotal moment that spurred you to add that “LLC” or “Inc.” at the end of your business name? I’d love to hear from you!