A lot of small construction companies are incorporated. There are so many advantages to being incorporated, it surprises me everybody doesn't do it.

The main reason to incorporate is to protect your personal assets. Even the best-run companies can get into financial trouble. The cost of lumber might suddenly double, or you could face a big liability because an employee runs over someone with the company truck or a past customer discovers mold growing behind the bathroom drywall. When...

or Register to read the full article.