Incorporation – Why Incorporate at All?

You probably already know the “why” because you’re here on our site, but here are the main reasons for incorporation of your new business:

If you don’t incorporate – your personal assets can be taken by the courts if someone sues you.

That’s a pretty strong reason. Reason enough? We think so. Most people fear their car, house, boat, and savings being taken due to some legal action – even wrongful, that results in the loss of not only their business assets, but their personal assets as well. One very good way to protect yourself is by incorporating your new Colorado business which creates a new corporate entity in the eyes of the IRS and the court system. When the company is sued – the company loses assets and cash – not you or other owners’ personal assets and cash.

The other great reason that is often cited pro incorporation is the resulting tax benefits at the end of the year. Each corporation has different tax rules that result in different amounts of savings, but, LLC and S-Corps are great for individually run small businesses, probably with the advantage going to the LLC.

LLC’s are what we help most small business owners into on this site and our other state incorporation sites.

You’re better off to incorporate. Don’t leave yourself open to loss.

Best Regards,

Dean Harrington, Owner

Why Choose Us?

There are a handful of places you can go to incorporate your new Colorado business.

Why Choose Us?

• We have been helping companies incorporate since 1999. We can help you too.
• We give you the added confidence you need to know your business application is being submitted by professionals.
• We have some ridiculously low prices when compared with nearly all of the other incorporation services.
• In addition to low prices, we include those “extras” other companies charge hundreds of dollars for (see Legalzoom).
• We offer you discounts on elearning business courses which will help your business weather the economic state of the nation.

We are not a team of sales people when you call us for help. We help you accomplish incorporating your company, not adding services to your basic incorporation.

Call if you need help – that’s what we’re here for.

Best Regards,

Dean Harrington, Owner

Choosing the Right Business Type

Choosing the right business type is the hardest part of most business owner’s incorporation process. That said, if choosing the type is the hardest part – then incorporating is not that difficult and you can get through it in the next 20 minutes if you choose.

The easiest way to choose which type of corporation is to view this chart at one of our partner sites:

Incorporation Types Chart >

Once you’ve done that you should have a real clear picture about what type of corporation you should choose. If not, read on…

If you need to have a business where donators can have tax benefits then you need a nonprofit corporation and you’ll need to apply to the IRS for tax exempt status – it’s not automatic.

If you want to avoid double taxation of a regular profit corporation you’ll want to choose either the LLC or Subchapter S (S-Corp) types.

If you will hire a lot of employees in the future you probably want a Subchapter S (S-Corp).

If you will run the business yourself or with only a couple employees then a LLC is probably your best bet.

If you are still unsure which type of corporation is best for you we recommend going the IRS site and reading about various corporation types. We also suggest talking to an accountant about which might be right for you if you can’t choose on your own. Please be aware that you should set a time for the accountant and agree on a price to talk for 15 minutes or half hour. Accountants like to try to force you into incorporating your business through them for a large sum of money. Fact is – you can incorporate yourself here when you return from your meeting and save a whole lot of money doing so.

If you have questions we can answer – please write or call using the contact information on the right side column.

Best Regards,

Dean Harrington, Owner