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Create Corporation or LLC

I will form your Florida Corporation or LLC to help give birth to your new person (The Supreme Court of the US held that corporations are people, to some extent). Before I do so we'll discuss the pros and cons of each. The idea is to help you have the information you need to decide on whether your enterprise needs to be a separate "person". 

 

The advantages of running your enterprise as a separate "person" include

  • Clear separation between you and your business pursuits, to protect your family
  • Privacy
  • Ease of ownership transfer
  • Some believe it lens a more professional image

Some advantages of not separating (that it, remaining a sole proprietor or partner) include

  • Low cost
  • Ease of getting started


 

 

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