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When you’re first starting out it might not always seem clear why you should create a company. In this video, we cover the basic advantages to creating a legal corporate entity and how it can protect you and your business.
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A company is a legal entity created under
state law that provides numerous
0:00
advantages, like opening a bank account,
purchasing property, and
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entering into contracts with other
parties.
0:05
Companies are also structured to help with
issues that arise in
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the due course of business.
0:10
In this video, we'll cover most of the
common advantages for forming a company.
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Keep in mind though, I'm not a lawyer, so
everything that we talk about is for
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informational purposes only and not for
the purpose of providing legal advice.
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Let's start with founders.
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If there's more than one founder for an
idea or
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organization, it's always a [SOUND] good
idea to legally form a company and
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