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Incorporating Your Business

Startup | Guide

Last Updated: 05/05/2017

Chances are good that your business is a sole proprietorship. A little over 70 percent of all American businesses are, according to the most recent data from the U.S. Small Business Administration. But sole proprietorships have some drawbacks. In this quick guide, we'll show you how those flaws may be overcome by incorporating your business.

What You'll Learn

Why you should incorporate your business
The benefits and drawbacks of popular incorporation types
Points to consider when choosing a state in which to incorporate
How to begin the incorporation process

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About Paychex

Paychex was founded over four decades ago to relieve the complexity of running a business and make our clients' lives easier, so they can focus on what matters most.

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