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Benefits of Incorporating a Business
There are many benefits of incorporating your business and the most important ones include asset protection through limited liability, corporate identity creation, perpetual life of the company, transferability of ownership, an ability to build credit and raise...
Tax Benefits for Sole Proprietors
While self-employment provides autonomy in your life, there are certain tax benefits that come from operating a business. As a business owner, you are eligible to deduct certain expenses incurred for the purpose of earning income. Working from home: Home-office...
Case Study on E-commerce Business
GX Inc. operates an online retail business through Amazon and Shopify. The CEO has a background in science and operates in a niche market in the healthcare industry. In a span of about four months, GX Inc. had increased revenues from $2,000 per month to $8,000 per...
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