Snapshot of incorporating a company

Posted by: Tracy M. in Business and Management, From Home Businesses, Home Based Businesses, Legal

If you are considering incorporating a company, you can go about the process in one of three ways. To begin incorporating your company you can hire a lawyer to do it for you, but hiring a lawyer is going to cost you hourly, plus you will have to pay any filing fees that are associated with incorporating a company. The second option that you have is hiring an online incorporation service to do it for you. The online incorporation service is not going to charge you hourly, but they will charge you a flat fee to incorporate your company. In addition to the flat fee, you will also need to pay any filing fees that are required by the state. Both of these options are nice because they save you a lot of time, even though it will cost you some extra money.

Your third option is incorporating a company by yourself. Many people cringe at the thought of incorporating a company by themselves because they think it is a very complicated process. The good news is that the process is not overly complicated and if you choose to do it yourself, you can save a ton of money. By incorporating a company by yourself, you will only need to pay the filing fees that are required by the state that you are incorporating in.

The hardest part of incorporating a company is preparing the articles of incorporation. If you decide to do this yourself you can find numerous resources available for you online for preparing your articles of incorporation based on the state that you live in. You can even find sample articles of incorporation that you can use as your guide. Other than the articles of incorporation, all you have to do is choose a name for your corporation and adopt your corporation’s bylaws.

From Home Businesses | Snapshot of incorporating a company