1. When is a business large enough to be a corporation?
What is your answer?
Conventional wisdom says : A business needs to get to a ‘certain’ size or a ‘specific number’ of employees.
Our answer is “size” is not the determining factor of whether you incorporate or not.
2. The media would have us believe that big corporations pay little or no taxes, why?
What is your answer?
BIG-TAX-advocates say: These large organizations are cheating and the government needs to do something about it.
Our answer is: Big corporations pay less in taxes because their structure allows them to owe less in taxes.
3. Why do corporate executives have large benefit packages?
What is your answer?
Typical business owners say: It takes an ‘army of attorneys and accountants’ to manage corporate benefits without running afoul of the law.
Our answer is: Let us help you become an executive and do it the right way. It’s easy when done correctly.
4. Why can a professionals give you business advice before he/she knows what your business is?
What is your answer?
My accountant is really swell, she knows everything about business, saving money and paying taxes.
Our long answer is: Before a business even gets started, the professional knows one absolute fact: 84% will fail within the first two years. No matter what your business is. So if the professional’s advice on planning and designing a (your) business is to be correct the majority of the time, he/she must plan and design for failure. You can’t argue that if you are going to fail, as most do, selecting a structure–or model designed only for success would be contrary to the realities they face, every day. If you were the professional advice giver, you would want your advice to be right most of the time? And if a friend or acquaintance came to you about starting a new business, wouldn’t you be obligated to structure your advice knowing that your friend had less than a one-in-five chance of success?
Our short answer is: The longer you are in business and the more you depend on your professional’s advice, the harder it will be for your business to survive.
5. Why would we question your professional advice giver’s intentions and abilities?
What is your answer?
Because you don’t know how wonderful my attorney really is.
Our answer is: Do you think Microsoft, General Electric, Bank of America or any other big successful company will be calling your attorney or accountant for advice? Please don’t be offended. But, reality is reality.
