#SucceedingWithoutBleedingSeries #WorkplaceSurvival #BusinessAndLife
This morning we are talking our business and our life.
You ask; should you incorporate or not incorporate, more like is it, illegal to incorporate?
In answering this question it is important to know clearly your reason for wanting to incorporate.
You see: Your reasons have got to be genuine and align to THE CHIEF STRATEGIST’s TIMELESS PRINCIPLES.
Incorporation is legal and legitimate when this is use to serve as a corporate haven to avoid personal liability for business losses. However, to incorporate and use it as corporate haven/shield to defraud others is ABSOLUTELY illegal.
Checking in at Colossians. 3:17 Lounge of the International Chamber of Commerce Conference. THE CHIEF STRATEGIST’s ppt flashed this important point reading:
” And whatever you do [no matter what it is] in word or deed, do everything in the name of the Lord JESUS and in [dependence upon] His Person, giving praise to GOD THE FATHER through Him”
** CAPS [my emphasis]***
Now that we can see that incorporation can rightly be used as a tool to limit personal liability in business losses or wrongly used to defraud others. You are now in better position to ask yourself this honest question:
Why did I incorporate /why am I incorporating this business?
Next is the partnership question and I’d see you tomorrow BHG.
#SucceedingWithoutBleedingSeries #Business-WorkPlaceSurvival #YBAYL
Have a Truly Rewarding 2015. Good morning!