Rich Dad Advisor's Series: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors)
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Average customer review:Product Description
Own Your Own Corporation reveals how private citizens can take advantage of incorporating themselves and their business to save thousands of dollars in taxes and protect themselves against financial disaster.
Product Details
- Amazon Sales Rank: #3590 in Books
- Published on: 2001-10
- Number of items: 1
- Binding: Paperback
- 317 pages
Editorial Reviews
From AudioFile
Creating the right type of corporate entity for a business can create enormous advantages for the savvy business-person. In this comprehensive guide, a corporate attorney explains the history and rationale of corporations and all the considerations and decisions that go into starting one. Forming a corporation, selecting board members, administering it within the law, creating tax advantages, hiring, protecting ownership of names and corporate assets, insurance, record-keeping--every part of the process is covered. The program is a listening pleasure in spite of all the technical material and, except for not having a written guide on the package, is a perfect reference audio for the kind of audience targeted by the Rich Dad's Advisors series. T.W. © AudioFile 2003, Portland, Maine-- Copyright © AudioFile, Portland, Maine
Download Description
Own Your Own Corporation reveals the legal secrets and strategies that the rich have used for generations to run their businesses and protect their assets. Written in a clear and easily understandable style, Own Your Own Corporation provides the necessary knowledge to save thousands of dollars in taxes and protect your family assets from the attacks of creditors.
Own Your Own Corporation illustrates how to:
Select the best entity for your own personal strategy
Maximize the incredible benefits of a C corporation
Use Nevada corporations for asset protection and tax savings
Raise money for your new venture
Use employment agreements for your benefit
Easily prepare and maintain corporate records
Download Description
Own Your Own Corporation reveals the legal secrets and strategies that the rich have used for generations to run their businesses and protect their assets. Written in a clear and easily understandable style, Own Your Own Corporation provides the necessary knowledge to save thousands of dollars in taxes and protect your family assets from the attacks of creditors.
Own Your Own Corporation illustrates how to:
Select the best entity for your own personal strategy
Maximize the incredible benefits of a C corporation
Use Nevada corporations for asset protection and tax savings
Raise money for your new venture
Use employment agreements for your benefit
Easily prepare and maintain corporate records
Customer Reviews
Fun read, but take heed...
I love the Rich Dad books because they're motivational as well as interesting, but there has to be a word or two of caution.
Concerning incorporating properties...this seems rather specious. You don't have to go to the trouble of incorporating each property to keep the fear of having personal assets taken through a liability claim; that's why you carry insurance, and a lot. A big policy is more than sufficient, and most courts will not allow lawsuits from taking your primary home.
Time being money, it's much faster and easier to sign a policy than to do the tedious and never-ending paperwork to incorporate a property. There may be rare circumstances when you would (a real estate lawyer is worth the consultation) but for 99.9999999% of the people in the world, No.
Very good book, but...
I own this book - I have for years. It is a very good book and interesting to read (which is something not all business books are).
What I don't like and what completly sucks are all of the shill reviews on here obviously placed by the publisher, author, or agents giving it five-star ratings and saying stupid things like "Thanks to Garrett, I now look towards the future with... etc. blah blah blah".
It is a good book for this topic - and stands on its own. It is really seriously lame that they felt the need to support it in this disingenuous manner.
Start incorporating now!!!
If you have always dreamed of owning your own company and have been in the process of incorporating this book is the solution to get you moving in the right direction.



