Customer Reviews

Incorporating Your Business For Dummies

5 star:		(4)
4 star:		(3)
3 star:		(5)
2 star:		(1)
1 star:		(1)

 

 

It is so blatantly obvious that the first two reviews were written by the same person--DUH!

No doubt this individual would rather have you buy books on
Incorporating by no-name self publishers who offer only generic advice.

I previewed this book at Barnes & Noble and spoke with some other business people there who highly recommend this book. Now that I have read it and am using it, I recommend it also.

In Incorporating for dummies you will learn

-the advantages and disadvantages of incorporating
-state and federal laws about corporations
-the ins and outs of filing a corporate tax return
-the 10 commonly made mistakes by small corporations
-the best ways to create tax free medical benefits and
retirement plans
_a guide to business life after corporations

Incorporating your business for dummies is an excellent book for anyone in business. I also recommend Inc. Yourself by Judith H. McQuown and How To Launch a Business and Incorporate in any state by J.W.Dicks.

Conversely, I bought some of the "self-published" books on the internet and on sale here and was terribly dissappointed. Never buy sight unseen.

If you are just starting out, you will find a wealth of information in Incorporating Your Business For Dummies. Read this and learn.

Two other books that are MUST READS are How To Incorporate: A Handbook for Entrepreneurs and Professionals by Michael R. Diamond and How To Start A "S" Corporation by Robert Cooke. You will also want to read a How To Incorporate (for your particular state), a series by J.W. Dicks. I purchased How To Incorporate and Start a Business in Minnesota and was very pleased.

I bought this book along with Rich Dad's Advisors; Own Your Own Corporation by Garrett Sutton.

Incorporating Your Business for Dummies is a good book for the average reader. This book shows how to protect personal assets, save on taxes, set up your board of directors, conduct meetings and more.

I especially enjoyed the part on how to create tax free medical benefits, pension and retirement plans. Very informative.

For even more information, I recommend "Own Your Own Corporation" by Garrett Sutton and "How To Start a S Corporation" by Robert Cooke.

Incorporating your business for Dummies is okay if you are brand new and know nothing about incoporating or business. It does offer some good, but very basic advice.

Two better books are Inc. Yourself: How To Profit By Setting Up Your Own Corporation by Judith McQuown and Form Your Own Corporation and Launch a Business in Any State by J.W. Dicks. Another good read is Inc. and Grow Rich by C.W. Allen et all.

With Incorporating your business for dummies, you would be better off borrowing it FREE from your local library. It's really very basic stuff here.

Inc for Dummies is not just for dummies, it is a good book on How To Incorporate, but you will need more.

Some additional books icnlude How To Incorporate: A Handbook for Entrpreneurs and Professionals by Michael R. Diamond. How To Incorporate in Any State: Everything You Need to Form a Corporation by W. Dean Brown. S- Corporations by Robert Cooke.

Form Your Own Corporation and Launch a Business in Any State and The Small Business Kit by J.W. Dicks.

Use the dummies book as a starter guide. Use the other books for the real meaty information. Be careful what you buy, the marketplace is proliferated with books by self proclaimed experts who read a lot but have no real world experience.

If you are contemplating starting a business and therefore a corporation, this book is a great first start. As with all of the dummy series books, the authors feel that people reading these books are brand new and know nothing. So this gives even the most naive a good start on how to incorporate.

So much of the information is basic and since the book was written awhile ago, some of the material may be dated. Nonetheless, good first start for business people.

Other good books include How To Start a S-Corporation by Robert Cooke and Brilliant Deductions by Wade Cook. The latter shows a way to drop out of the social security system and offers a good section on Nevada Corporations.

In order to maintain the legal status of your corporation, you need to pass very specific resolutions and keep very specific records. I had hoped for a "cookbook" for the legal steps required to set up and operate my corporation, but this is not it.

The info on corporate structures is very basic and general - you could easily find this level of detail on the web. That's my primary complaint with this book... it mentions what you must do, but doesn't give you the specifics of how.

Instead of this book, I recommend you:

(1) Get the *basics* from your lawyer or accountant (or even doing some research on the web)

(2) buy The Corporate Minutes Book by Anothony Mancuso instead of this book!

The book gave a good review of the different types of Incorporation. The type that might be best for any business desired with different requirements and tax advantages of each type. Whether one has partners makes a difference in type needed or whether one wants to sell stock in their company or not.
For a primer it is good but one needs a more in depth knowledge or a tax expert to really get more out of the type of incorporation wanted.

After reading through this book several times I would have to agree with Donna Knight. This book covers only the basic corporation set up and documention. At times it seams like an add for The Company Corporations services. Make sure you reveiw all 34 pages to see if this book has what your looking for. I would recommend Inc.Yourself by Judith H. McQuown. It goes it to more detail on tax strategies.

Most everything is covered and stays in layman's terms. Using it just once pays for itself!