Caroline Worley's passion for small business started when she was working in her father's hardware store. In 2009, Caroline realized her dream of owning a small business when she started Worley Law. She is now committed to helping over 600 entrepr...
Practice areas & skills: Corporate & Incorporation, Business, Contracts & Agreements, Limited Liability Company (LLC), Intellectual Property
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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.