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To Incorporate or Not!

That is a very good question and one that is frequently asked by entrepreneurs who want to start off their business. Is it better for the business, the bottom line, the owner?

Recent trends in the technology industry have also led many who are looking for work to face this question. Why? Because they are now faced with the prospect of either incorporating or not getting a lucrative position being offered through third party recruitment firms. You may call it the shotgun approach to finding work. What are the implications of being in effect an incorporated “employee”?

So what are the advantages and disadvantages of incorporating? What approaches should you take if you incorporate?