Tag Archives: liabilities

5 Reasons To Incorporate Your Business

incorporateDid you know that as a network marketer you can create a corporation for your business? Just because you are representing another company doesn’t mean you can’t incorporate yourself.

Why should you incorporate your business?

1. Protect Yourself from Liability

This is the number one reason to incorporate your business. If you value your personal assets, you need to incorporate. Without incorporating, business creditors can use your personal residence and personal bank accounts to satisfy business debts or lawsuits against the business. The reason business creditors cannot reach your personal assets when incorporated is because an incorporated business and its owners are separate entities. Continue reading