CALABASAS, Calif., March 5, 2014 /PRNewswire/ -- Entering their 16(th) year in the incorporation and LLC formation industry, MyCorporation.com has recently developed MyBizWiz, an entity choice wizard tool designed to help guide entrepreneurs in finding the most fitting entity for their new business.
MyBizWiz walks small business owners through a short quiz to help them determine what sort of business entity they should file their business as. The quiz covers topics related to ownership, finance, industry, taxes, and the future of the company. Once answered, a series of multiple-choice questions opening with, "How many people will have ownership in your company?" will begin highlighting the best entity choice for your business. Progress during the quiz is marked in a percentage toolbar at the bottom of the page.
Based on the answers, the best entity choice determined will be LLC, C Corporation, S Corporation, Non-Profit, PLLC, and DBA. By the end of the quiz, small business owners will know which entity their business should be filed as.
Deborah Sweeney, CEO of MyCorporation, believes MyBizWiz will do a lot of good in helping entrepreneurs find the entity that best suits their business.
"Choosing the type of entity you want to form can be confusing for business owners and entrepreneurs. MyCorporation's 'MyBizWiz' is a great tool that can be used to narrow down the options and help determine the right path to protect your assets, add legitimacy to your business and save on taxes," said Sweeney.
Further ensuring that getting started with your business is made as simple as possible, MyBizWiz also provides a general description of each entity listed and runs down the basic benefits behind each one.
For over 15 years, MyCorporation.com has helped small business clients incorporate businesses and form LLCs in a reliable and affordable manner. If you're ready to take the MyBizWiz quiz and start a business, give MyCorporation a call at 1 (877) 692-6772 Monday through Friday at 7 AM - 5 PM PT or visit us at http://www.mycorporation.com/.