Michael Einbinder is a founding partner of Einbinder Dunn & Goniea and has been practicing law since 1981. He is a participating member of the American Bar Association Forum on Franchising, the International Franchise Association, the New York Sta...
Practice areas & skills: Corporate & Incorporation, Business, Real Estate, Franchising, Debt Collection
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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.