3 Secrets To Why They Don’t Want You to Incorporate Corporations have always been a part of the rich and powerful person’s financial game plan for well over 300 years. The average person has always been fooled into thinking that they don’t need a corporation of their own because they don’t have any assets or a business. The truth is that if you have jobs at MC Donald’s and drives a “junker” you should have a corporation, because it’s the fastest way to stop working a Mc Donald’s and start driving a better car is to have a corporation and build corporate credit. The next thing you should know about having a corporation is that you can shield yourself from law suites, divorce problems, tax problem, and hundreds of other things that can go wrong.
Secret Number One: Did you know that you can have as many corporations as you want in as many states as you want? That means that if you built 100,000 dollars worth of unsecured corporate credit on one (1) corporation you could legally do the same on ten (10) or more corporation, giving you a grand total of 1,000,000.00 dollars of unsecured credit to start or run a business.
Secret Number Two: Did you know that a corporation is considered to be its own entity? Like a living breathing person. And for that reason you never have to use your social security number when it applies for and gets hundreds of thousands of dollars in corporate credit?
Secret Number Three: Did you know that corporate credit is said to be given out ten times easier and more often than personal credit and with less constraints?
Bonus Secret Number Four: Did you know that you can use your corporation to place liens or transfer title on everything you own in case someone tries to suit you?
Authored By: Pascal Mansell Want to know more about setting up a corporation? Give me a call! 951-515-4728