Start Your Own Corporation Book – We live in a very conflicted world. You have to be on your guard as you live your life. When you build your wealth, you need to protect it. For those unsuspecting predators, their attorneys will use every trick in the toolbox to get your vulnerable assets — big or small.
Start your own company and educate you on a plan of action to protect your life’s achievements. Corporate attorney and best-selling author Garrett Sutton clearly explains the common pitfalls of failing to protect yourself and strategies to limit your liability going forward. Information is timely, accessible and applicable to every citizen in every situation.
Contents
Start Your Own Corporation Book
Garrett Sutton has spent the past three decades implementing corporate structures to protect clients’ assets and limit liability. This important experience shines through in a very readable book on why and how to achieve asset protection. Start Your Own Company teaches you how to choose between corporations and LLCs and how to use Nevada and Wyoming assets to your maximum advantage. This non-technical and easy-to-understand book educates on the importance of following corporate formalities, using business tax deductions, and establishing a business loan.
Rich Dad Advisors: Team Code Of Honor By Blair Singer
Rich Dad Poor Dad author Robert Kiyosaki says: “Start Your Own Company is a must-read for anyone with assets that need protection.” You choose the number of credits, your buyer chooses the audiobooks, and your local bookstore supports your purchase.
We live in a very conflicted world. You have to be on your guard as you live your life. When you build your wealth, you need to protect it. For those who don’t, predators lie in wait and their lawyers will use every trick in their toolbox to get at your vulnerable assets.
Start your own company and educate you on a plan of action that will enable you to protect your life’s gains. Corporate attorney and best-selling author Garrett Sutton clearly explains the common pitfalls of failing to protect yourself and strategies to limit your liability going forward. Information is timely, accessible and applicable to every citizen in every situation.
Garrett Sutton has spent the past three decades implementing corporate structures to protect clients’ assets and limit liability. This important experience shines through in an audible audiobook on why and how to achieve asset protection. Start Your Own Company teaches you how to choose between corporations and LLCs and how to use Nevada and Wyoming assets to your maximum advantage. This non-technical and easy-to-understand audiobook educates on the importance of complying with corporate formalities, using business tax deductions, and establishing business credit.
Rich Dad Advisors: The Social Capitalist By Josh Lannon
Garrett Sutton is an attorney, best-selling author, and part of Robert Kiyosaki’s Rich Dad Advisor group. Garrett has written nine books, which have been translated into eleven languages. He focuses on corporate and asset protection law and speaks to audiences about the importance of asset protection. His advice is timely, timely and valuable. Garrett received a Juris Doctor degree in 1978 from Hastings College of the Law, a law school at the University of California, San Francisco. B.S. took He received a master’s degree in business administration from the University of California at Berkeley in 1975. He is licensed to work in Nevada and California.
Garrett is the author of Starting Your Own Company, Writing Winning Business Plans, Buying and Selling a Business, and The ABCs of Getting Out of Debt, among other books. About the rich dad advisor
The Rich Dad Advisor Series is a comprehensive, ‘how-to’ series about Robert Kiyosaki’s Rich Dad, Poor Dad, an international blockbuster and widely regarded as the #1 personal finance book of all time. Selling more than two million copies worldwide, the Rich Dad Advisor series are timely and accessible books, featuring legal, tax and business experts chosen by Kiyosaki as his advisors. The main message of the book is that the truly rich have their own interests. If we gain wealth by owning cash-generating assets, everyone else trades their time for money in the form of wages.
However, it’s the big picture and doesn’t get into the technical details of starting your own business and building your property portfolio, which is why Kiyosaki recommends Garrett Sutton’s work.
Amazon.com: Garrett Sutton: Books, Biography, Latest Update
. It discusses the legal and technical details of how to set up your own business entity and offers advice on how to get your company off the ground.
This is a useful guide for starting your own company. In addition to covering the legal and technical basics of starting a business, it also covers details such as which state(s) to form, how to raise funds for your company, corporate formalities, business tax exemptions, and other topics of interest. It attracts the attention of business owners and entrepreneurs.
The most important part of the book for aspiring business owners is the first three chapters, which include a list of business entities in the United States and explain why it is important to structure your company as a legal business entity to protect your assets and assets. Limit your liability. A menu of business establishments in the United States includes:
The book describes each of these assets in detail, helping the reader understand which works best in which situations. Knowing what business units are available to you and how each one works is critical for any entrepreneur, which is why I think the first three sections are incredibly important.
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Another helpful way the book reviews concepts is through case studies. When studying business, case studies help illustrate abstract and theoretical ideas by applying them to real-world situations. At the end of the day, business is a practical skill, so case studies are important. Throughout the book, Sutton uses case studies that give the reader a chance to see how the topics discussed play out in real life.
While the book starts with the basics for new business owners and entrepreneurs, it gets more technical as you progress. But knowing the next chapters is still useful. Some of the business situations discussed may not occur to every entrepreneur, but if you do, it’s worth a read. But you will often have specialists who deal with the more technical aspects of running a business, which will be explained in later chapters. In fact, it would be foolish to handle some of these aspects yourself instead of hiring professional lawyers and accountants to handle them for you. A CEO needs to handle tax forms, audits, legal filings, etc. rather than handing them over to experts and focus on the business side of the job. Handling the work will be inefficient.
My biggest criticism of the book is that it only discusses how to start a business in the United States. The United States is not a good country to include. Many other countries have business-friendly laws, and by ignoring them the book deprives the reader of information about the best options for business trips.
Additionally, there are many people who want to do business outside the United States or who do not want to do business in the United States. If so, a more global perspective on the book would be helpful.
Thinking Of Selling? Check Yourself … Legally
Even for readers who primarily want to do business in the United States, this is still a great option for incorporating abroad. Many multinational companies are located abroad to take advantage of business-friendly laws.
Garrett Sutton’s book is a great guide for those just starting out in business. Later chapters can be more helpful, as most of the basics should be known to those who have already started a business. However, the book focuses only on the United States and does not discuss overseas strategies useful for business owners and entrepreneurs. So I can say
It is a useful guide but is by no means comprehensive as it does not have a global perspective.
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