Founding partner of the law firm of Bellavia Blatt Andron & Crossett, PC, Leonard A. Bellavia is a nationally recognized authority in the field of automotive franchise law and represents hundreds of automobile and marine dealerships across the cou...
Practice areas & skills: Corporate & Incorporation, Business, State, Local And Municipal Law, Franchising, Real Estate
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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.