Discover How A Limited Liability Corporation Could Revolutionize Your Business And Potentially Save YOU Thousands Of Dollars!
Creating a limited liability company can ensure that your personal assets are protected from lawsuit and actually increase you overall wealth!
I'm sure you (like almost all of us) have at some stage thought about creating your own business or simply 'going out on our own'. You probably want the extra cash, the security of being in control of our own working time and destinations and simply to be our own boss. But you need to be very careful - if you don't have the proper business structure in place it could literally cost you the shirt of you back - here's why:-
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As a business propitiator or un-incorporated body, you and the other promoters of your business risk being made 100% PERSONALLY liable for the expenses and debts of your business. In a situation where you are establishing a new venture with a significant degree of risk - this could be disastrous.
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You could end up paying tax at much higher rates than you actually need to.
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Inefficient business structures can quickly erode your profit margins and have a serious adverse effect on what you get in return for your hard efforts.
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Poor business structures can have a real adverse affect on your ability to raise the finance necessary for the business to expand and grow. Who do you think a bank would take more seriously - a guy with aspirations or a company director with a business plan.....see what I'm getting at? |
Now that you have decided to take the plunge, you probably need help starting a business or simply need to know how to start a corporation - well help is at hand!
Lets get started by looking at what a limited liability company or limited liability corporation (as its also called) actually is. In a general sense, a limited liability corporation is a separate legal entity that is given many of the same legal rights as an actual person. It is capable of owning assets in its own right and entering into almost all contracts.
Limited Liability Corporations exist as virtual or fictitious persons, granting the protection of limited liability to the actual people involved in the business of the limited liability corporation. In general, the liability of the shareholders of a limited liability company is limited to the amount unpaid, if any, on the shares they hold in the company.
So, to help you insulate your personal assets from lawsuits, lawyers and other liabilities, we recommend the use of a Limited Liability Company Incorporation Kit. These kits show you how to incorporate your business and protect your family, your home, your investment properties, your bank accounts, your monetary investments in the process.
These company incorporation kits contain comprehensive guides with actual examples, strategies, ready-to-use forms and step-by-step instructions to help you obtain the maximum protection for your assets under the law. With the help of these Incorporation Kits, you'll be able to sleep a little easier at night with the peace-of-mind of knowing that the assets of you and your family are protected from unscrupulous litigants and creditors!
We have reviewed a number of incorporating Kits and, in terms of value for money and sheer simplicity of use, we recommend the Do-it-Yourself Incorporation Kit prepared by info America. InfoAmerica is a legal publisher who has been selling online legal kits and business kits for over 30 years and is well regarded in the industry.
How You Will Benefit From Having an Incorporated Corporation
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Limited Liabilit
.....Your liability for the debts of your new business venture will be limited to the extent of your agreed investment in the corporation.
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Tax Options
....As an owner of a limited liability corporation, you will have a vast amount of tax options available to you which you simply would not have as a sole trader or un-incorporated body. You can could pay tax at a reduced rate as well as having the advantage of writing additional expenses off against tax.
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Increased finance
.... Many businesses fail because they do not have the correct public perspective. A limited liability corporation will immediately create an air of professionalism for your business which should make the raising of finance much easier.
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Increased sales
... A limited liability corporation will make your business appear more legitimate and professional when trading in the eyes of your customers. This should have a positive knock on effect on your sales!
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Perpetual Existence
.... Because your corporation is a legal entity distinct from its owners, it enjoys perpetual succession in that it continues to exist as an entity long after is owners have dies or move on.
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Reduce of eliminate probate costs
.... As limited liability corporations have perpetual succession, you can use them to keep your assets out of probate and ensure that your family's assets are not frozen for months upon your death.
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Retirement and Pension Plans
.... Corporations allow you to implement a variety of plans and schemes including 401K plans, defined contribution plans, profit sharing plans, pensions, stock option plans and much more..
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Ownership
.... You can transfer ownership of your corporation easily by way of a simple stock transfer form. This allows you to quickly and efficiently transfer ownership to your family members. |
The Do-it-Yourself Incorporation Kit contains the following documents:
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Ready-to-use forms and documents. |
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Step-by-step instructions and information. |
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Actual samples, examples and explanations of various terms |
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It shows you how to establish and form you own Limited Limited Corporation (LLC). |
Remember, if you want to ensure that your business doesn't end up literally costing you the shirt off your back, the best protection you can have is a limited liability corporation.
100%, Ironclad, Money Back Guarantee. |
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