Eve J. Brown is the co-founder and Principal of Bricolage Law, LLC, a boutique firm offering intellectual property and entrepreneurship counsel to startups and independent businesses. She is the co-author of the book IP Strategy: Complete Intellec...
Practice areas & skills: Corporate & Incorporation, Litigation, Intellectual Property, Contracts & Agreements
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A corporation is a formal way to organize your business to gain rights and privileges, and to limit your personal liability. There may be tax and financial advantages to incorporation, but it can also increase your business licensing fees and decrease the amount of personal control you have in running your business. There are many legal consequences to incorporation, so it's a good idea to consult an attorney specializing in corporate law. A corporate attorney also represents shareholders unhappy with the actions of a corporation.