Should you incorporate a franchise? [Video]
Purchasing a franchise can be exciting for new business owners. In all that excitement it is important to make sure you have taken care of the legal aspects of owning a franchise, including incorporation.
Like any business owner, franchisees need to protect themselves from potential issues when running a company. Incorporation ensures that your personal assets are not on the line.
Franchisers often prefer to sign contracts with established companies, rather than sole proprietors, so incorporation may be necessary before you can become a franchise owner. For this reason it’s important to make sure you understand how to incorporate before you sign any franchise agreements.
CorpCo can help you incorporate your franchise and put you one step closer to business success.