Incorporate Your Georgia Business… Here’s Why
June 4, 2011 by admin
Filed under Profit Incorporation
If I had a successful business and I had not incorporated yet and someone gave me a choice:
Incorporate today or sign a client that was going to buy $20,000 net in products every year for the next 10 years what would I choose?
Today is the only chance – no tomorrow. If you do not do it now – there is no second chance. What would you choose?
I would choose incorporation.
There is nothing like legal problems – a court case in which you are the subject of a lawsuit where someone probably has a case against you because either you did something dumb, or for no reason at all – you did not understand what was happening and someone was hurt because of it.
Go to court without having a company that is incorporated, or an LLC between you and your personal assets and you can come out a very big loser. I have never had tens of thousands of dollars, a hundred thousand dollars, yanked out of my personal savings accounts. That must not feel good. Worse, someone could sue you for a couple of millions of dollars. Serve hot coffee out the window of your drive-through? That was a 30 million dollar case McDonald’s lost. McDonald’s had some of the best lawyers on the planet defending them when they lost.
Sometimes what we think are the most ridiculous lawsuits – pass the courts and someone loses big over something considered small at the time. Incorporation for your Georgia business will help protect you from that situation.
Incorporation is a very simple way to protect yourself and your personal assets. If you start today it might take the rest of the day to figure it all out and incorporate. Incorporation fees in Florida – a great state to incorporate in should be between $200 and $300 for a simple LLC or S-Corporation. Filing the form online and payment with a credit card makes it very easy. Most people do not use a lawyer or accountant to file their initial corporation forms and they are notified the next day that they are officially incorporated.
Is it worth your time to find out today how to save your savings? How to save your house? Your car?
Find out about incorporation as soon as you have a couple hours to spend reading about it and asking questions.







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