Corporate Formation

Incorporating a Business in San Diego: Will I Avoid Or Lessen My Personal Liability?

If you own a business, or a partial share of a business, in San Diego you could be legally liable for the actions that the business takes. If the business gets into debt, you will personally be in debt and could be bankrupted right along with the company if it runs into debt troubles.  If …

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Corporate Formation in San Diego: Why Should I Consider Incorporating?

When running a business in San Diego and throughout California, there may come a time when you consider incorporating. Whether your business is a sole proprietorship, a limited liability company (LLC), or a partnership, incorporating can have some significant benefits. Incorporating is a big step that can involve a lot of paperwork and that will …

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Corporate Formation in San Diego: What Does it Mean to Have a Sole Proprietorship?

Many people who do work on their own to earn income or who operate a small business are sole proprietors.  Sole proprietorship simply means that you work for yourself and that you earn income for which you receive a 1099 form instead of a W2 form. Because you earn money outside of wages paid by …

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Are There Disadvantages to Incorporating a Business in San Diego?

Incorporating your business can be beneficial in many important ways.  Incorporating makes it easier for you to transfer an ownership share in your business or for your business to pass to heirs upon your death.  Incorporating can also provide you with protections from personal liability and ensure you do not risk your individual assets for …

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