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 Business Formations |
Choosing the proper business entity is critical to the success of your business. Operating under the wrong business type could cost you additional tax dollars and expose your business to unnecessary liability. From partnerships, "C" corps, and "S" corps, to LLCs, let Manetco analyze your business from tax implications to personal liability considerations, then determine which formation will most benefit you. Some of the many benefits of incorporating include:- Limited Liability - Corporations shield their owners from personal lawsuits and liability. While you are the company owner, you work as an "employee" of your company. A disgruntled customer or employee can only sue your company and its assets, and cannot make any claim against your own personal assets. This "limit of personal liability" is usually considered one of the most compelling reasons to form a corporate entity.
- Easier Capital Access - Corporations have capital raising venues that are not available to other legal structures. Access to public funding via stock and debt offerings is only available to corporations.
- Appearance - Corporations often have a more stable appearance in the eyes of potential creditors and vendors, making more favorable financial terms available.
- Tax Advantages - Depending on your unique situation, you may realize a lower tax rate if you incorporate.
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| Support Services |
| There are many pitfalls in proper business record keeping. You company is required to maintain appropriate documentation for many different facets of operations. Without proper documents, a lawsuit, court, or other government entity could successfully challenge your corporate status, and adversely rule against you in rendering civil or tax related decisions. Don't put your company at peril just over minor administrative details! Let Manetco provide the necessary record keeping and documents to prevent loss of your corporate status. We also provide Bylaws and shareholder agreements. |
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