What is an Entity?
Entity Formation is our Specialty!
An entity is a separate legal being, such as a Corporation, Limited Liability Company (LLC) or Limited Partnership (LP). All provide much greater asset protection when compared to a sole proprietorship or general partnership. It is the ‘separateness’ of an entity which protects you – the entity’s owner – from unlimited personal liability.
Without that separation, if an angry customer sues you, any assets you own such as your house, car or bank account can all be taken should a judgment be found against you. An entity is a business organized according to state law to limit the liability of the owners.
An entity can’t protect you if it is not set up right at the start. Furthermore, it can’t protect you if you don’t properly maintain your entity over the long term. Corporate Direct specializes in entity formation structure and maintenance. Our goal is to ensure you are protected right from the start and into the future.
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