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Common Mistakes Made by Small Business Owners – Part 2 – Failure to Understand the Separation between a Corporation and the Individual – “I Incorporated Myself”

Many small business owners take the correct first step – after coming up with their business idea, they form a corporation, limited liability company, or other business entity existing within the laws of their state, which they are then able to operate under. But many business owners stop at this first step and do not understand the concept of their corporation or company existing as a separate legal entity or “person” that exists on its own,

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