Small Business Planning

1. Q: Should my business own real estate?
A: There are circumstances in which businesses own real estate, but there are often many alternatives to explore with respect to individual ownership and leasing of real estate for both tax purposes and liability purposes. Casale & Bonner, P.C. can provide advice regarding these alternatives.

2. Q: Is a corporation the only kind of business I can create?
A: There are many forms of business operations including: sole proprietor, partnership, limited liability company and corporation. Each entity provides different benefits. Casale & Bonner can help you establish your business in the safest and most cost-efficient method.

3. Q: If I am just running a small business, why do I need to incorporate?
A: Regardless of the size of your business, certain activities can create risks that can result in significant financial problems. In order to protect your personal assets, such as bank accounts and your home, you should consult Casale & Bonner for the insight into establishing your small business.