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Sutton emphasizes that forming a corporation or LLC creates a separate legal entity, shielding personal assets like homes and savings from business liabilities and predatory lawsuits.
Recommended for reducing payroll taxes by splitting income between a reasonable salary and distributions. Start Your Own Corporation by Garrett Sutton PDF
If you need the full text for detailed citations, you can find the Start Your Own Corporation 3rd Edition at major retailers or explore digital summaries for quick reference: Go to product viewer dialog for this item. Start Your Own Corporation, 3rd Edition Sutton emphasizes that forming a corporation or LLC
The book provides a comparative analysis of U.S. business structures, including: Start Your Own Corporation, 3rd Edition The book
To develop a paper on this text, focus on these central themes outlined by Sutton:
A common pitfall for entrepreneurs is failing to follow corporate formalities (e.g., annual filings, meeting minutes). Sutton warns that ignoring these can lead to the "piercing of the corporate veil," exposing personal wealth to business risks. Paper Development Resources