Incorporation allows a business to become a legal entity that is separate from its owners. It provides benefits like limited liability, where the owners are not personally responsible for business debts, and it establishes a framework for ownership and management. The process involves filing documents like articles of incorporation with a state government agency.
Incorporation allows a business to become a legal entity that is separate from its owners. It provides benefits like limited liability, where the owners are not personally responsible for business debts, and it establishes a framework for ownership and management. The process involves filing documents like articles of incorporation with a state government agency.
Incorporation allows a business to become a legal entity that is separate from its owners. It provides benefits like limited liability, where the owners are not personally responsible for business debts, and it establishes a framework for ownership and management. The process involves filing documents like articles of incorporation with a state government agency.