Pompano Beach, Florida (PressExposure) June 04, 2009 -- To incorporate or not to incorporate? BrandStar Entertainmentâs The Balancing Act on Lifetime Television knows there are millions of women business owners who are confused about their options. To explain the process and the benefits of incorporating, the informative morning show introduces viewers to Karen Kobelski, GM of BizFilings. This segment airs May 13th and in the coming weeks, or view it any time at [http://www.thebalancingact.com/BizFilings.com]. The Balancing Act TV show airs weekdays at 7AM ET/PT on Lifetime Television.
âWith over 13.8 million women finding financial freedom with home-based businesses, itâs important to understand the benefits of incorporating,â explains Kobelski. âIncorporating allows you to protect your personal assets such as your 401K or kidsâ college funds. It offers tax advantages, and it provides credibility for your business.â
According to Kobelski, there are various types of business structures that can be established including:
1. C Corporation 2. S Corporation 3. LLC, Limited Liability Company 4. Limited Partnership 5. Limited Liability Partnership 6. Nonprofit Corporation
Kobelski advises viewers to consult with their tax advisers or accountants to decide which option is best for their business.
For more comprehensive information about incorporating your business and to receive the free âGuide to Incorporation,â please visit http://www.BizFilings.com.
âEmpowering women is what The Balancing Act does every day,â says Doug Campbell, Executive Vice President of Programming for BrandStar Entertainment, the producers of The Balancing Act on Lifetime Television. âThis segment on incorporating your home business is a perfect example of how we strive to partner with our viewers for their success in every aspect of their lives.â