Business Formation
There are four main types of business formations, and each one has its own advantages and disadvantages. Some are easy and inexpensive to form while others provide you limited liability protection that protects your personal assets from creditor claims and lawsuits stemming from your business operations. Some business owners start off using one type of business formation and then change to a different form as their businesses grow.
Agreements
Helps to establish a strong working relationship and memorialize the parties' understanding. A written contract is something both you and a contractor can refer back to over the course of a project. It provides security and peace of mind for both parties and may help avoid costly and time-consuming conflict.
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