When Should You Form Your Own Corporation

Do it yourself, or have someone else do it for you? There is no clear “always do this” answer. It really depends on the situation.

If you are an experienced business owner and are comfortable with the formation and structure process, then by all means do it on your own. This book is designed to provide you with the guidance and tools you need to pick up that ball and run with it.

If you are a business owner working in conjunction with your advisor, then you may want to go through this manual and assemble a list of questions to ask your advisor ahead of time. This product can help you develop a plan, run it by your advisors to make sure you’re on the right path and then walk you through the set up and maintenance process.

If you have never before formed your own business structure, then you could certainly pick up a product, like on of our Operation Guides, to design a business structure that works for you, preferably in consultation with your advisors. The risk you face is that you don’t know what you don’t know, and sometimes you don’t know the right questions to ask until it’s too late.

For that reason it may be better for you to work with an attorney or business formation service to get your paperwork filed and your structure set up. Use the information on this website, and in our products to get design ideas for your business structure, then leave the details to someone else, while you concentrate on your business operations. You’ve got control, as you have designed your structure and understand why and how it will work. But at the same time you’ve also regained the time you would have spent on business structure details to do other things. In that sense it’s almost as though you’ve got twice the time for half the effort!

Want to talk more? We offer personal consultation for just $100 for the thirty minutes, and it’s fully applicable toward formation services if you move forward within 90 days.

There are many variables when you’re structuring a business. That’s why it’s hard to go through a quick-service website. Unless you talk to someone who’s got some knowledge and experience on both the tax and the legal side, it’s hard to know what you don’t know. And that can leave you vulnerable.

Got questions? Contact us! We’re here for you.

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