'Incorporating Yourself' is more commonly known as ‘Branding Yourself’. This will closely identify the business’s brand with you, and incorporate that name. When you operate as a corporation, your business and you are the same, both legally and financially.
Every state in the union allows you to incorporate yourself. Most states, also let you serve as your own one-person corporate board.
Converting your legal name into a corporation means greater ease in securing financing from lenders. Many lenders are more comfortable dealing with a corporation as opposed to a sole proprietorship or LLC, due to liability issues.
When you learn how to incorporate yourself THE RIGHT WAY, it also becomes easier to secure income, separate your personal income from business income, and legally distance yourself from the corporation, making tax time less of an issue.
Being your own brand, as many celebrities and athletes are, then you can incorporate using your name as the company name. When you have accomplished this, you must add "incorporated," "corporation" or similar to your name.
By incorporating, you remove the risk of losing all your personal assets and holdings if your business fails or loses a lawsuit.
When you operate your business as JOHN DOE Inc., you must adhere to state corporate administrative requirements to avoid nullifying the liability protection your corporation provides. For example, you must sign any document that could legally bind you with your name AND ‘Inc.’ title.
By working with Team Exodus, you will learn how incorporating yourself is a sound business decision, because you will be:
Protecting your personal assets
Benefiting from tax savings
Getting instant credibility for your business
Qualifying for financing with ease
Enjoying immunity from U.S. Inc corporate policy
Being that incorporating is one of the biggest steps an individual or business owner will take, it is important to reduce your risk of mistakes.
There is no reason to attempt to incorporate your name without help, because Team Exodus can help you streamline the process. Contact Us Today!
Anyone in England that has/is doing the status correction and would like to form an English group, please make contact.