| Your company has grown -- now it's time to upgrade | | | | protection from the debts and obligations of your |
| your legal structure to something that will protect | | | | business. |
| you and your assets, as well as provide other | | | | Partnerships and sole proprietorships do not provide |
| benefits. In other words, your business is ready to | | | | limited personal liability for business debts. Creditors |
| become either a corporation or a limited liability | | | | of these businesses can go after the owners' |
| company. | | | | personal assets to collect business debts. Organizing |
| Unlike partnerships and sole proprietorships, | | | | and operating a partnership or sole proprietorship is |
| corporations and LLCs are legal business entities, | | | | much easier than forming a corporation because |
| separate from their individual owners and members. | | | | there is little formal paperwork required. |
| When you incorporate online, you acquire personal | | | | |