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Mr. Jensen is the grandson of Danish immigrant farmers and the son of a small business man. He grew up in Minnesota working in his father’s retail store and made his way through college (Hamline University B.A., Magna Cum Laude, Phi Beta Kappa, 19...
Practice areas: Corporate & Incorporation, Business, Commercial, Intellectual Property, Mergers & Acquisitions
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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.