15 Minutes or Less…Could Save Your Assets!

That little gecko has become quite popular! Seems like he is everywhere…..TV, radio, print, billboards and on the web. People are obviously concerned with auto, boat and motorcycle insurance; as many companies advertise routinely for their business. Most responsible folks are also concerned about insuring their homes, health and lives as well. All of us want to be sure that those aspects of life are protected from the unforeseen worst case scenario. There is risk involved with almost every facet of everyday life that we control with various insurance policies.

What about your business?  How can you apply insurance to your business, your assets and their future? The answer is INCORPORATION!

You can find many essays and articles on the web which reinforce the advantages of incorporation. Most will stress the benefits of credibility, tax advantages and asset protection. The process of incorporation also adds security and stability to any business; much like auto insurance makes us feel more comfortable when we drive. Being incorporated will ease the strains of business risks and allow you to focus on the business itself. It will establish a separate entity apart from the individuals involved and offer the protection and separation from the negative impacts that can face your company. Liability, judgments by creditors, debt and litigation are all real worst case scenarios that every business must deal with. Incorporation will typically shield and shelter the business owners involved from those fears and isolate them and their personal assets from issues pertaining to the business.

There are still many sole proprietors who are not insuring their businesses or their assets. They and their personal assets are directly at risk with every transaction. At best, sole proprietorship is a quick way to get a business started; however once established, incorporation will typically offer immediate business stability – much like your insurance policy.  After incorporating, the risks are minimized.

Harvard Business Services, Inc. has been providing peace of mind to sole proprietors for more than 30 years by incorporating them. If you have about 15 minutes or less to spend with one of our incorporation specialists or on our convenient and informative website www.delawareinc.com – we will help you form your corporation or LLC today. Life is full of risks…….we all need insurance! It’s so easy, with our help. File today!

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3 Responses to “15 Minutes or Less…Could Save Your Assets!”

  1. timothy F says:

    Does HBS offer the insurance mentioned above? If I have insurance does that protect my personal assets?

  2. David says:

    Dear Mr. Guy,
    We offer the best service for incorporating any business! Incorporation is the insurance – there is no separate type of business insurance that we offer. If you incorporate – you are typically more secure.

  3. Chris Klein says:

    I think it would be prudent to mention that many banks will still require PERSONAL guarantees when applying for business credit (whether loans and or credit cards). Even an established business with consistent revenue and profit must adhere to bank-specific borrowing guidelines. Distinguishing yourself as an INC (or even a LLC for that matter) will not make a difference in this situation.

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