Several small company operators form sole proprietorships, in which individuals and their firms are virtually synonymous. However, converting a small company to a corporate or a sort of limited liability partnership may provide entrepreneurs with a number of benefits. Notably, a firm protects the personal assets of businessmen in the event that the company is sued for debts or legal judgments and much more. Hop on and check our guidelines to figure out why incorporation can be the best fit for you. 1.   Creating Interest Between Business Founders If a company seems to have more than one owner, a thorough knowledge of ownership interests aids the company’s smooth and efficient growth. In certain companies, the goal is for all of the stakeholders to be on an equal footing. Others, on the other hand, are designed to give certain owners greater financial and/or managerial power than others....