Incorporation for Small Business
Incorporating your small business is a smart and easy way to protect your personal assets. An investment of well under $1,000.00 (which includes all costs) can properly incorporate your business and provide you with a legal advisor who will be there when you have questions. Simply filing Articles of Incorporation will not give you the protection you need.
A corporation is a legal entity which must comply with State and Federal laws. Assuming you are protected because you have filed Articles of Incorporation with the State of Florida is a big mistake. The Articles only begin the process and provide limited information. Many small businesses run into problems that can cost thousands of dollars and jeopardize assets because they did not get the proper legal advise when they started.
Issues such as corporate ownership, taxation and authority to operate or make business decisions are not usually set forth on Articles of Incorporation. Being named as a Director, CEO, President or Treasurer does not mean that you are the owner of the business, as many people who incorporate on their own were led to believe. When troubles arise between business partners, creditors or governmental entities, you want to be sure that you are adequately protected.
The law office of Paul J. Burns is experienced in incorporating your small business and will provide you with the legal guidance you need. Call before you start your business so we can assist you in making the right decisions and following the required, legal procedures.
