Advantage
· Eliminate
all Personal Liability
· Unlimited
Flexibility of Shifting Income.
· Maximum
flexibility of protecting assets through dilution - By
splitting assets by danger of liability, you protect your
equities.
· Reduce
Overall Insurance costs:
·Maximum
Tax writeoffs
· Allows
wealth to grow faster
· Can
eliminate self-employment tax
· Can
eliminate SS, FICA, and Medicare payments by shifting income
to passive income
· Allows
maximum flexibility in controlling not owning
· Existence
in Perpetuity
· Can
Have Multiple Business Credit Profile
· Diversity
of Ownership
· One
Checkbook and One set of books - Corporation Serves as
Management corporation and handles all check writing for
all the other divisions
Disadvantages
· Initial
learning curve
· Accounting
by Divisions