As a business grows and prospers, there may come a time when theowner decides that incorporation might offer better advantages thanthe existing business structure. Even a smaller start-up businessmay be best formed as a corporation from the beginning. If youconsult with a business attorney about the business type, they canpresent the details about the legal aspects and advantages ofincorporation over other forms of business.With a sole proprietorship or partnership, the owners andpartners assume all the risk and liability. Under incorporation,the owners and members are protected against personal risk andliability. There are tax advantages that bring increases savings toeveryone, and incorporation allows the business to offer benefitslike medical plans, savings and retirement plans to membe