How to Transfer Your Business to a Family Member If you want to plan the handover of your business to a family member, you can choose to either sell the company to them or implement an estate freeze. Get Help from a Lawyer Selling a Business to a Family Member Some business owners choose to…
What Does it Mean to Incorporate? When a business becomes a corporation, it is legally treated like a person that is separate from the shareholders who own the corporation. This means that the corporation is capable of hiring employees, taking out loans, paying taxes, owning property, and commencing or being subject to lawsuits. Incorporating your…
