Incorporating with an Incorporator

Deciding to form a business entity is often a wiseRegardless of how you go about the process, you
choice for most businesses. What seems simple canare going to quickly learn about someone called the
quickly become confusing given all the legal jargon.incorporator. Given the fact we are talking about law,
If you want to incorporate, you have a couple ofit is rather shocking that the incorporator actually
different choices regarding how to go about theserves the role the name suggests. He or she will
process. Let’s take a quick look:sign and file the incorporation documents. Why? Well,
1. The first choice is to do it yourself. In some states,there is one primary reason- it is faster.
this is a fairly simple process. In others, it is aMost articles of incorporation that must be filed with
nightmare. It all really depends on your level ofthe Secretary of State are designed to be as short
knowledge.as possible since there is little reason to put much
2. Your second choice is to use a cheap onlineinformation in a public document. As the incorporator,
service. They will typically incorporate you for a fewthe service or attorney filing the papers can print
hundred bucks, but then you are on your own. Theythem out and fire them off as opposed to sending
do not provide you with any advice, so you end upthem back and forth with the client.
with a corporation and have to figure out how toOnce the corporation is approved, the incorporator
assign ownership, make tax designations and so on.will elect a board of directors to run the corporation.
3. The third choice is to use a business attorney suchThe board will then initiate the stock sales process
as myself. The advantage is you get the corporateand so on. The incorporator will resign from his or her
entity and advice on how to function properly andposition and off you go as a corporation.
within legal requirements. The downside, of course, isIt is a rare day in the law when a title actually means
this is your most expensive option.what it says. With incorporator, that day is here.