What are some disadvantages of incorporating?
What are some disadvantages of incorporating?
The primary downside to having a corporation is the cost of administration. There’s an extra tax return to prepare and extra corporate minutes to prepare, but do go through the analysis and see if the benefits of incorporation outweigh the costs - often they will.
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This entry was posted on Wednesday, October 15th, 2008 at 12:07 am and is filed under Entrepreneurs Success Tips, Useful Videos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.