Christine B.

Because I am involved with developing some marketing campaigns before the business around it really comes off the ground, I am also asked questions entirely unrelated to my field. Sometimes I can answer them from pure experience, and sometimes I cannot. One example of this is “to incorporate, or not to incorporate“:

(Prospective) Business owners tend to get confused on whether they should be incorporated, form an LLC or another legal entity. What are the differences, benefits and drawbacks of each of these options? The sad thing is, I can’t even tell you the distinct differences or benefits of these entity options, as they vary greatly from state to state and country to country. For example, in Arizona a LLC is governed under slightly different rules than in Canada.

So what should you do? Incorporate yourself/your business, or form a Limited Liability Company (LLC)? The best way to find out what suits you and your business best is to get the proper information from a lawyer.