The new year is here which means it’s time to start thinking of your resolutions. If you are a business owner, now is the perfect time to consider adding incorporation to your list of goals to accomplish in 2018. Incorporating can be helpful to any business big or small—and the good thing about choosing it as your New Year’s resolution this year is that Rocket Lawyer is here to help make it happen.
Why might you consider incorporating?
The many benefits of incorporating are different depending on which entity you chose, but overall, there are three common themes:
Tax Benefits: Depending on what business entity you incorporate as, you’re usually able to draw a salary, avoid tax on profits, write off business expenses and losses, and so much more.
Liability Protection: Incorporated businesses are separate from their owners. This means that if you get sued or your business doesn’t succeed, your personal assets generally won’t be at risk.
Access to Capital: Banks and other lenders often see incorporated entities as more legitimate. You’re more likely to have an easier time getting cash to grow your business, and you can also distribute stocks to investors, if you are operating a corporation.
How to get started?
Pick out the best entity for your business
Not sure what entity you want to incorporate as? Try our business structure quiz to find which entity might be the best fit. If the whole process feels overwhelming, you can talk to our incorporation specialists, or ask a lawyer a question. Our incorporation specialists have helped thousands of businesses incorporate every year and can answer your questions about the whole process. There are also lawyers in our On Call network who specialize in incorporation and business law.
Once you’ve figured out which business entity to incorporate as, the next step is to start your filing. Incorporating with Rocket Lawyer is simple. We’ve done all the research for you, so all you have to do is simply pick the state in which you want to start your incorporation, answer a few more simple questions, and we’ll handle the rest. We make sure that your business name is available and file all the required paperwork with the state.
Power up your business
We make it easy to incorporate with step-by-step guidance
Why Rocket Lawyer?
We’ve helped thousands of people everyday start and run their businesses in all 50 states. Here’s what some of our customers have had to say:
“Rocket Lawyer gives safety, peace of mind, and is fun to use. If legal services can be fun, it’s through Rocket Lawyer.”
“Rocket Lawyer made [incorporating] so simple, that I wasn’t really sure if I was done. I only had to answer a few questions, and everything was automated.”
Let’s Tackle Your Resolutions Together
Incorporating could be a great idea for your business, and it’s a lot easier than you think. If you still need some convincing, check out our incorporation center or we can connect you with an attorney to ask a question.