If you are considering selling your business, there are things that you can do to prepare in advance and make the process easier. It is often very helpful to have a legal consultation early in the process, to guide you in organizing your thoughts and your documents. If you have a business organization set up already (corporation, partnership, LLP or LLC), you should make sure that the … [Read more...] about Prepare in Advance for The Sale of Your Business
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Three Things to Consider When Deciding Whether to Incorporate
There are three main considerations when deciding whether or not to change the form of your business. 1) Tax benefit; 2) liability protection; and 3) the time-cost analysis of changing your company’s legal status Tax Benefit: Oftentimes the tax benefit analysis is not a “legal question”, but rather an “accounting question”. If you are unsure of whether you might benefit … [Read more...] about Three Things to Consider When Deciding Whether to Incorporate
