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Should I Incorporate My Small Business? -

question markIf you are just starting a business or actively growing your existing small business, incorporation may be a topic on your mind. There is a lot that goes into the incorporation process, from deciding if it's something you even want to do, to taking the steps necessary to form a corporation.

I've written about incorporation before, and the feedback I've gotten is that there are still a lot of questions around the topic, especially for someone just getting started with the process. Here are a few links to small business incorporation articles that you can use as a cheat sheet as you explore if incorporation is right for you.

Business Structure Basics

Let's start at the beginning with a refresher on the different forms of business. This article takes a quick look at the differences between a sole proprietorship, a partnership, an LLC and a corporation.

6 Benefits of Incorporating Your Small Business

From limited liability to stock incentives to near immortality -- there are a lot of advantages if you incorporate your small business. This article walks you through six of the most common reasons small business owners decide to form a corporation.

6 Disadvantages of Incorporating Your Small Business

Playing devil's advocate and considering the reasons not to do something should always be part of your research process. This article lists some of the reasons incorporation may be a bad move for your business, from the cost to the rigidity of the business structure.

7 Steps for Small Business Incorporation

Have you decided that incorporation is right for you? Then move on to this article and go step-by-step through the small business incorporation process.

If you have questions about incorporating your small business, please leave a comment here, or post your question in the Small Business Information Forum.

Photo (c) pepo



6 Ways to Survive Hard Times as a Small Business Owner -

budget cutMost small business owners have limited budgets, so it can take a little extra time and some creativity to make the most of the resources you have available. Add a slow market or a personal crisis to the mix, and getting a handle on your small business finances can seem impossible.

But it is possible, through consistent networking, smart marketing and precise cost-cutting. Gather up your determination, creativity and never-say-quit attitude, and browse these six small business hard time strategies to help get you over the financial slump and onto a bright future.

Photo (c) linusb4




Learn How to Manage and Track Inventory -

Intuit CommunityIf product inventory is something new for your business or if you're in the process of reviewing your inventory setup, consider joining in on Inventory Tracking with Stacy Kildal and QuickBooks Online this Thursday, July 15 at 1:00 pm ET.

The session will cover how to use QuickBooks Online to:

  • Set up an inventory
  • Purchase an inventory
  • Adjust on-hand quantities

The free live online session is hosted by the Intuit Community, a resource for small business owners provided by Intuit, the maker of QuickBooks accounting software. Participation requires free registration on the website.

If you can't make this session, check out the previously recorded small business events available!



Small Business Incorporation -

Unless you have done it before, incorporating a small business can be an exhausting and overwhelming process. Where to start? What to do next? Where can you find relevant resources?

corporation paperworkThe article, "How to Incorporate Your Small Business in 7 Steps," helps to make the process manageable by breaking it down into individual steps. It walks you through the major phases of incorporating your small business from choosing your business name, to naming your directors, to filing the paperwork.

If you're just beginning the process of forming a corporation, I'd love to hear if the steps to incorporate outlined in the article are helpful to you. What other information would be useful as you explore incorporating your business?

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