Why not form a corporation for my business?

Corporations are generally not recommended for businesses that intend to distribute profits. Corporations are more appropriate for startups, or companies focused on growth. While corporations do provide their owners with limited liability and IP protections, they don't have a beneficial tax structure for business owners intending to distribute profits. They are also less flexible and less easy to customize than LLCs because the law has more requirements for corporations and more guidance on how they should be structured. 

That said, if your business is focused on growth and is working toward a large acquisition or IPO, it's possible that a corporation is a better choice for your business. If that's you, please check out our partner service Clerky, the leader in startup incorporation.