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The 7 Benefits of Forming a Corporation

StartupNationStartupNation administrator Posts: 625 Site Admin

imageThe 7 Benefits of Forming a Corporation

The benefits business owners gain by forming their business as a corporation typically outweigh any perceived disadvantages.

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  • ptruesptrues subscriber Posts: 7 Member
    There are a lot of one person start-ups that think they need to form a corporation before they even turn a profit. The cost of filing corporate returns, and often, the additional taxes, are going to be high. Make sure that you really NEED to be a corporation before you pay attorneys and accountants $1,000s of dollars.
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