09 Feb '18, 1pm

How to know when to incorporate your business

Take notes for when the time is right Twitter Facebook 0 LinkedIn 0 Google 0 Pinterest 0 You started your business with just you, or maybe just you and a partner . That was all you needed. When you set up your business, you just went with a sole proprietorship or a partnership. It’s likely you weren’t giving much thought about when to incorporate. However, things have changed. You started growing and thinking that maybe you do need to incorporate. However, how do you know when to incorporate your business? Let’s look at five signs you need to incorporate. 1. You need more protection for your personal assets When you are a sole proprietorship, your entire life is susceptible to being taken away if your business is sued. If you make a mistake with a client and they file a lawsuit, your personal assets are fair game to be seized to pay for any legal settlements that you canno...

Full article: https://www.godaddy.com/garage/how-to-know-when-to-incorp...

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