ACC 291 week 3 DQ 1

Why does a company choose to form as a corporation?

What are the steps required to become a corporation?

What are the advantages and disadvantages of the corporate form of doing business?

Regardless of their size, all businesses can benefit from incorporating. Corporations are separate legal entities (business structures) that enjoy certain protections under the law and important benefits. Most people form a legal business structure to safeguard their personal assets.

The steps to starting a corporation are the following Have a unique corporate name to avoid trademark problems that might ensue in the future, have the corporation's headquarters in your home state. It's always cheaper and easier to process applications if you choose your home state as your headquarters or main...