When should you incorporate a business? The short answer is to do it prior to starting or launching the company. The sooner your business incorporates as an entity formation, the sooner it receives limited liability protection that ensures the safety of your personal and professional assets.
However, is there a “best” time to incorporate a business? For example, is it better for a business to incorporate during a specific season, such as spring or winter? How much of a factor does timing play in business incorporation?
Let’s examine two of the most popular options for incorporating a business: choosing a delayed filing versus incorporating now instead of at a later date.