How To Incorporate Yourself Without a Lawyer
How To Incorporate Yourself Without a Lawyerby J. Stephen PopeYou could save hundreds of dollars by incorporatingyourself without a lawyer.
How?
Is it advisableto do so?1.
This is Not Legal Advice!The only ones who should be giving legal advice arethose licensed to practise law (in other words,only lawyers).
This article is not legal advice.If you need legal advice, consult a lawyer.This article is being written simply to inform youthat it is possible to form a corporation or limitedliability company without a lawyer.2.
Why Use a Lawyer?First of all, if you make a mistake incorporatingyourself, who do you sue?
You only have yourselfto blame.
On the other hand, a lawyer has insuranceto cover errors and omissions.Secondly, you could benefit from the expertise ofyour lawyer.
Perhaps a corporation isn't theright vehicle for you under your circumstances.Be aware that there can be disadvantages as wellas advantages to incorporating.
Your lawyer canconsider commercial law, securities legislation,limited liability, tax factors, estate planning,share structure, and a myriad of other businessconsiderations.
Sometimes the advice of agood lawyer can save you thousands of dollars.3.
Is it Advisable to Incorporate Yourself?Is it advisable to perform surgery on yourself?It is illegal to perform surgery on someoneelse unless you are licensed to practise medicine,but perhaps in a wilderness survival scenario,self-surgery might be your only option.
However,is performing surgery on yourself really a goodidea in most instances?Likewise, just because it is possible to incorporateyourself without a lawyer doesn't mean it is always a good idea.In some jurisdictions, only lawyers canincorporate others.
For a paralegal or otherperson to incorporate a company for you could beconsidered unauthorized practise of law.
Thus,it may be legal to incorporate yourself but notothers.Some factors you might consider are:
Am I reallythat short of cash that I can't spend the extramoney for good legal advice that may save methousands of dollars?
Am I confident that mysituation is one that really doesn't need theservices of a lawyer to incorporate?
Can themoney saved on legal fees be better utilized infinancing other aspects of my business?Each person will have to make their own decisionon whether or not to seek the services of a lawyerin forming a corporation."He who has himself as a lawyer has a fool fora client."
I have often thought that perhaps alaw firm originated this common expression.4. How To Incorporate YourselfMany books have been written by lawyers on howto incorporate yourself.For example, in Canada, M.
Stephen Georgas, LL.B.,has written books on the subject of formingyour own corporation.
Published by InternationalSelf-Counsel Press Ltd., he has authored "Incorporation and Business Guide for Ontario"("How to form your own corporationIncludes tax advantages to incorporating") and"Federal Incorporation And Business Guide"("How to form your own Federal corporation underThe Canada Business Corporations Act").The same publisher sells forms and minute books aswell as titles for incorporating in other provincesof Canada.Forms, corporate supplies, name searches, andkits are available from legal stationers and othersources.In the United States, there are likewise many manualsavailable for incorporating yourself in variousstates.
"Incorporating Your Business For Dummies"by The Company Corporation and "How To Form YourOwn Corporation Without a Lawyer for Under $75.00"by Ted Nicholas are two such books.Sometimes helpful information on this subject isavailable from federal, provincial and stategovernments for free or nominal cost.You can sometimes locate incorporation manuals atyour local library for free.
Be careful.
Legalmanuals become outdated very rapidly.
You mightconsider very seriously purchasing the mostup-to-date manual available; it might also includehelpful reference material on maintaining corporateminutes and other helpful suggestions on operatingyour corporation.Buy the appropriate manual and supplies and thenfollow the instructions. With a little effort, youcould save hundreds of dollars incorporating yourselfwithout a lawyer.For further resources on incorporation, please visit:http://www.yenommarketinginc.com/incorporation.htmlRESOURCE BOX:J. Stephen Pope, President of Pope Consulting Inc.,http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty-five years.For valuable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/.
Incorporate Yourself
At the superficial level, incorporating a business is easy. It includes filing articles of incorporation with the Secretary of State where one is incorporating. However, there are lots of issues that need to be resolved before the process is complete like deciding the type of corporation and the state where one wants to incorporate.
Incorporating requires expert knowledge of business laws and consequences, tax compliances and other regulations. It is wise to seek the advice of a lawyer that has this type of expertise to offer. Some jurisdictions require that
filing papers has to be done through a lawyer.
But under certain conditions, it is possible to incorporate yourself. The state offers assistance in this regard, and there are good books available that explain the steps to incorporate.
There are advantages and disadvantages to filing papers by oneself. If you incorporates on your on, you can save hundreds of dollars that would have gone to...
Incorporate > Incorporate Yourself
Implement Trail Running in Base for Injury Prevention
The shoes we run in today are great for reducing impact. There are a myriad of devices, gels, air channels, etc., designed to lesson the compressive loads on the joints and body. One drawback, however, is that if you do most of your running on even, paved surfaces the lower leg muscles and joints do not have to work as hard to stabilize. Joint stability and integrity is crucial for injury prevention. This is where trail running comes in.Running over uneven and varied surfaces makes the muscles of the lower leg work especially hard.
Think specific strength training for the lower leg muscles. I recently observed how sore my lower legs were after a competing in an off road multi-sport event. The tendons, ligaments, and muscles all get stronger in response to this type of stress. There are a few considerations when integrating trail running into your training plan. Unless you run in off road events the best time to incorporate trail running into your plan is in base.
As with...
Implement Trail Running in Base for Injury Prevention
Incorporate > Implement Trail Running in Base for Injury Prevention
Performance Appraisal Systems
Performance appraisal is a nine-step process. At the first stage, performance standards are established based on job description and job specification. The standards should be clear, objective and incorporate all the factors. The second stage is to inform these standards to all the employees including appraisers. The third stage is following the instructions given for appraisal measurement of employee performance by the appraisers through observation, interview, records and reports.
The fourth stage is finding out the influence of various internal and external factors on actual performance.
The influence of these factors may be either inducing or hindering the employee performance. The measured performance may be adjusted according to the influence of external and internal factors. The performance derived at this stage may be taken as actual performance. The fifth stage is comparing the actual performance with that of other employees and previous performance of the...
Performance Appraisal Systems
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5 Tips for Customizing your Resume
Gone are the days of the bland, generic one-page resume.
Employers these days are more impressed by a resume that is customized and they tend to give jobs to interviewees that have a bit of knowledge about the company.
By doing your research, you're showing initiative, which impresses potential employers.
It will also help you decide whether or not you would feel comfortable working for the company, and would fit in with others at the office and the overall atmosphere. Researching the company can also help you ace the dreaded job interview, since it will give you an idea of what you want to communicate, and how you can incorporate that sentiment into the company philosophy.
Overall, it will decrease stress levels because you're already just a bit more prepared than the average applicant.
So relax? and start your research!
Here are five tips to customizing your resume:1-
Visit the company's website:
read past the obvious...
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Back Exercises For Beginning Bodybuilders
From a bodybuilder's perspective one of the most important body areas is the back. Not only can it be visually impressive but a strong back is essential for intensive training and day to day living. In bodybuilding you are aiming for three things with regard to developing the back muscles:- Thickness of the upper back (traps).- Wide lats.- Highly defined lower back (spinal erectors and lower lats).As a beginner there are five essential exercises for developing these muscles quickly:1. Dumbbell shrugs - 3 sets of 10-15 reps. This exercise will develop the traps.2.
Seated V-bar cable rows - 3 sets of 10-15 reps. This exercise will develop the mid upper back.3. Bent over barbell rows - 3 sets of 10-15 reps. This exercise will add thickness to the upper back.4. Pullups - Aim for 25 reps.
This exercise will strengthen the entire back.5. Pulldowns - 3 sets of 10-15 reps. This exercise will define the lats.As with all exercises you need to take care in scheduling specific body...
Back Exercises For Beginning Bodybuilders
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Branding: It's More Than a Logo
How clear is your image in the minds of your potential customers? How can you bring that image into focus? Defining, developing and maintaining a brand identity is the key.The word "branding" is frequently tossed about in the marketing and advertising world by marketing professionals and customers alike. Many times, what is being referred to as branding can be more accurately described as logo development or corporate identity programs at best. While a logo and corporate identity certainly are part of a branding program, they are only one piece of the puzzle. And when companies start their branding program with development of a logo or corporate identity package, they are getting the cart before the horse.So what exactly is branding? In doing research for this article, I came to the conclusion that branding is very much like what has been said about pornography: "I can't define it, but I know it when I see it."I define a brand image as being the picture that appears in a member of your...
Branding: It's More Than a Logo
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Happy Earth Day
What can you do to make a difference - pick up a copy of our book, Trash Talk, and we'll show you a myriad of simple ideas to reduce consumption of resources & new ways to manage your contribution to the landfill. (okay - forgive us for the little plug!)Just the other day there was a group of children walking down our streets downtown with bags cleaning up the area. We could all learn from this selfless act. Did you know that wind and traffic breezes carry waste from inland to water ways? Up to...
Happy Earth Day
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How To Incorporate Yourself Without a Lawyer hoodia
What You Need To Know About Incorporating Your Business
Most US-based small businesses are getting eaten alive in taxes! That statement has proven itself true over and over again. However, while small business owners want to save money, many are literally afraid of incorporating their companies. The paperwork, the additional reports, having a set payroll amount each month, and other visions swirl around their heads. Those visions could be costing you a ton!Let me take a few minutes to explain what you need to know about incorporating your business...
How To Incorporate Yourself Without a Lawyer What You Need To Know About Incorporating Your Business Incorporate
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I don?t know what you?ve been told, Crucial Cosmetics new product is G.I. GLOW!
(ContentDesk) April 26, 2004--G.I. GLOW is the must have product for any beauty addict that likes to shimmer, sparkle and shine! Crucial Cosmetics creators, Stefanie Moran and J.J. DiPerna formulated this luxurious gel to be applied anywhere you want to add a warm sun kissed glow. One application of this fragrance free, fast drying gel will last you throughout the day and will leave your skin sparkling with golden bronze shimmer. The best part of this fabulous product is the fact that it stays...
How To Incorporate Yourself Without a Lawyer cosmetics
Incorporate > I don?t know what you?ve been told, Crucial Cosmetics new product is G.I. GLOW!
Which book is top dog? Click for Joy! named top dog training book of 2003.
New York, NY (ContentDesk) February 13,2003--Which book should you get to train that new puppy or grown dog? Click for Joy!, by Melissa Alexander(Sunshine Books,2003),took home this year's coveted Maxwell Award from the Dog Writers Association of America for best book on dog behavior and training. Click for Joy! explains, in an easy-to-use question and answer format how to create a positive relationship with your dog using the power of clicker training - a powerful, all-positive behavioral system...
Which book is top dog? Click for Joy! named top dog training book of 2003. How To Incorporate Yourself Without a Lawyer
Incorporate > Which book is top dog? Click for Joy! named top dog training book of 2003.
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