This book provides proven tactics to incorporate your small business and reap big rewards! Incorporating your business is much easier than you think - and the benefits are enormous. It allows you to eliminate the personal risk of owning a company, makes it much easier to attract investors, and rewards you with huge tax breaks. Plus, you can handle the filing yourself! "Tips & Traps When Incorporating Your Business" explains everything you need to know and walks you through every step of the process - from initial filings to shareholder meetings. Top small business consultants Jeffery A. Jensen, Brian Radford, and Stephen Bulpitt show you how incorporation can help your business and how to make sure you do it right.You'll learn how to: choose the right type of corporate structure for your business - partnership, proprietorship, LLC, S-Corp, and other options; determine how and when to file the proper documents; understand the basics of accounting and finance, including financial statements and record-keeping; explore the right locations to incorporate a particular business; raise capital through venture capitalists, loan programs, and other alternatives; hire and manage employees in compliance with labor and employment laws.
It also provides advice on how to: pay less taxes and increase your income; greatly limit your personal liability; and, improve your professional image and attract investors. Everything you need to incorporate your business in any state is right here, including: a comprehensive, state-specific appendix of contact, licensing, and tax requirements; sample articles of incorporation IRS Form SS-4 and Instructions Form IRS Form 2553 and Instructions Form (S-Corporation election); Bylaws Template Sample Business Plan; and, Templates of tax forms you need to incorporate.
- ISBN10 0071786074
- ISBN13 9780071786072
- Publish Date 20 September 2005 (first published 16 September 2005)
- Publish Status Active
- Publish Country US
- Imprint McGraw-Hill Education
- Format eBook
- Pages 224
- Language English