Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad Advisors)

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I have been incorporated since 2005, and making sure what you are doing complies with the IRS regulations are paramount. Incorporating your business is a great way to organize your business with tax savings and asset protection. The IRS wants you to be organized, and when you have these legal structures in place, it is your responsibility to maintain them as separate legal entities, apart from yourself.

rich have used for generations to run their businesses and protect their assets. Written in a clear Garrett is the author of “Start Your Own Corporation,” “Writing Winning Business Plans,” “Buying and Selling a Business” and “The ABC’s of Getting Out of Debt” among other titles. of America. Rich dad pointed out to me that the flag of the United States was originally the flag of to replace the great seafaring explorers. Only two students from Hawaii are admitted to this littleBy the end of the book, we realize how many choices we have and how we can best design our financial destiny. Garrett is the founder of Corporate Direct and Sutton Law Center, which since 1988 have provided affordable asset protection and corporate formation and maintenance services for investors around the world. The annual shareholder and director meetings are crucial to this responsible compliance. In addition, I hold meetings that go to any substantial endeavor during the tax year, such as deciding to invest in another rental property. You really should not do the minimum and also hold corporate meetings with those types of decisions as well. There is a slight bend toward Real Estate businesses and small operating companies, but most of the knowledge is general and applicable for all new businesses. your idea into millions, maybe even billions of dollars, is to protect that idea. Michael Lechter is

of sales, communications, and the different characters that occupy that world. All of us sell in oneGarrett Sutton has spent the last thirty years protecting clients’ assets and implementing corporate structures to limit liability. This significant experience shines through in a very readable book on the why to’s and how to’s for achieving asset protection. Start Your Own Corporation teaches how to select between corporations and LLCs and how to use Nevada and Wyoming entities to your maximum advantage. This non-technical and easy to understand book also educates on the importance of following corporate formalities, using business tax deductions and building business credit. Garrett attended Colorado College and the University of California at Berkeley, where he received a B.S. in Business Administration in 1975. He graduated with a J.D. in 1978 from Hastings Law, the University of California’s law school in San Francisco. He has appeared in the Wall Street Journal, the New York Times, and other publications. Garrett enjoys speaking on asset protection strategies and is a frequent lecturer for business groups and the Rich Dad’s Advisors educational series. Garrett has over thirty years experience in assisting individuals and businesses to limit their liability, protect their assets, implement advantageous corporate structures and advance their financial goals. Garrett serves on the boards of the American Baseball Foundation, located in Birmingham, Alabama, and the Reno-Nevada based Sierra Kids Foundation.

all his intellectual property matters. His book is simply written and is an important addition to any This book is a huge encouragement to let go of our fears of legal terminology and logic. It is like learning a new language in a natural and easy way. The combina-tion between theory and practice answers all relevant questions and offers us clar-ity and confidence. The book is not meant to turn us all into lawyers, but it lends itself to appreciating law and becoming open to feel at ease with it.sell! SalesDogs®is a highly educational, inspirational, and somewhat “irreverent” look at the world day, has never had one. Dolf willingly shares his enthusiasm for real estate, and has rattled cages Garrett Sutton is an attorney, best selling author and one of Robert Kiyosaki’s Rich Dad Advisors. A clear and engaging writer, Garrett demystifies legal topics and presents them in a very understandable and accessible manner.