ZigaForm version 5.0.5
  1. Personal asset protection – if you operate your business as a sole proprietorship, you are personally responsible for the acts (and debts) of the company. If someone is injured on your property or as a result of something your business does (or doesn’t do), your personal assets (bank accounts, homes, vehicles, everything!) is at risk.  By properly forming and maintaining your business as a corporation or LLC, only the assets of the business are at risk.
  2. Growth – most companies sell shares of stock to raise capital for growth and expansion; something you just can’t do with a sole proprietorship.
  3. Tax Benefits – many expenses and depreciation of assets are deductible

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