form an llc Archives

Which Entity Should E-commerce Businesses Choose for Incorporation?

Should an e-commerce business file for incorporation? The short answer is yes. It is possible to run an e-commerce business as an unregistered entity. This is a default business formation known as a sole proprietorship....

byMyCorporation

February 2, 2022

Ready to Exit Sole Proprietor Status? Consider These 4 Entities for Incorporation

A new year means a clean slate for business. If your business is still in sole proprietor status, now is the perfect time to start thinking about incorporating as a registered entity formation. What registered...

byMyCorporation

January 13, 2022

Should Entrepreneurs Incorporate as an LLC or PLLC?

Entrepreneurs who choose to incorporate as a limited liability company (LLC) may pause when they realize there is a secondary option available known as a professional LLC (PLLC). What is a PLLC? How does it...

byMyCorporation

January 4, 2022

3 Dangers of an Unincorporated Business (and How Incorporation Can Resolve These Problems)

Often, one of the first pieces of advice an entrepreneur receives when they start a business is to incorporate or form a limited liability company (LLC). When you incorporate a business, you are able to...

byDeborah Sweeney

March 24, 2021

5 Reasons Why You Should Form an LLC for Your New Business

Many entrepreneurs initially start a business as a sole proprietorship instead of a limited liability company (LLC). Why do they pick this entity? Forming a sole proprietorship allows entrepreneurs to exercise total control of the...

byMyCorporation

December 23, 2019

Which Legal Entities are Best for Main Street Businesses?

As local storefronts prepare for Small Business Saturday tomorrow, entrepreneurs with an unincorporated business may be considering forming a legal entity. We’re in favor of this decision, especially since incorporated businesses are able to establish...

byMyCorporation

November 29, 2019

Ready to Become an Entrepreneur? Ask These 5 Questions First

Entrepreneurship, to an outsider looking in, may appear exciting and glamorous. Business owners get to set their own schedules, work at their own pace and follow their dreams. It’s so appealing that many envious individuals...

byMyCorporation

October 16, 2019

Which Entity Should You Incorporate Your E-Commerce Business As?

You’ve drafted a detailed business plan, identified your unique selling proposition (USP), and defined your business model. It’s almost time to launch your e-commerce business! Before you open your virtual doors and begin taking orders,...

byMyCorporation

September 16, 2019

What Do Freelancers Need to Know About Incorporating?

In 2018, a survey from Upwork in partnership with the Freelancers Union revealed the state of freelancing in the United States. Given the continual rise of freelance work, it wasn’t completely shocking to see that...

byMyCorporation

April 23, 2019

Ready to Choose Your Business Structure? Entity Formations and Which One is Right for You

Incorporating is generally one of the best things a business can do to set itself up for success. However, entrepreneurs new to the process might feel overwhelmed by the options when it comes to business...

byMyCorporation

February 20, 2019

Hidden Startup Costs Entrepreneurs Should Know About

While it's ideal to start a business with extra financial cushion, this isn't always realistic. There will always be certain expenses you’re prepared to anticipate, like filing taxes and incorporating or forming an LLC, but...

byMyCorporation

January 30, 2019

Can Personal Assets Still Be at Risk, Even With an Incorporated Business?

For nearly 20 years, our company has helped entrepreneurs and small business owners to incorporate or form LLCs for their businesses. Since this is something we specialize in, we have grown accustomed to spreading the...

byMyCorporation

October 1, 2018