Should I incorporate? A candid conversation with business owner, Erin Romeo, about her journey to incorporation

The #1 question I get asked by business owners is, "Should I incorporate?" My answer, "It depends." On this episode of the podcast, Erin and I chat about her journey to incorporation - including a candid discussion on overcoming some of the fears that almost stopped her from taking the leap.

I decided to dedicate the month of July to a discussion about incorporation - starting with a conversation with my friend, Erin Romeo - founder and principal strategist at Pivot Turn Consulting.

Erin shares her personal story of her journey to incorporation - from her time as a litigation lawyer, to creating her own business.   We talk about the tax advantages to incorporation (6:15) as well as the “tax-adjacent” issues you need to keep in mind (i.e., think cash flow!), and we also discuss what it takes to actually incorporate, and the importance of involving advisors early on (16:58).  Finally, Erin shares with us what it means to have a dynamic decision-making model for your business (25:37).

RESOURCES DISCUSSED ON THE EPISODE

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