What are the principle reasons for incorporating or not incorporating a hoime based business?
by 
tomsims
ANSWERS: 2
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In brief -- incorporating limits your liability, offers tax advantages, offers credibility to investors, is easier to sell (or transfer should something happen to you). http://cicorp.com/incorporate/benefits.htm Not incorporating has the benefit of reduced cost/complexity to operate the business. Still, depending on the business, one serious screwup on your part could cost you your house -- so that reduced cost could have a very expensive price tag attached to it.
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