This book makes everything sound very easy...I also wonder how he can have so much time writing book after book if he could just open up more corporations instead...Any book that's produced in a mass-series hardly contains solid information.

I've been a fan of the Rich Dad / Poor Dad series, but to be frank, this was a disappointment. There is a good discussion of "C" corporations vs. LLCs, but other than those chapters, the rest of the book seemed like filler...
I had higher hopes.

If you are looking for a book that will tell you what kind of corporate entity you should put your company in, this is as close as you're going to get.

The bad news is, you will still want to hire an attorney to set up the corporation for you. The biggest benefit with the book is, you will not have to have the attorney spend his time (at $200+ and hour)explaining to you what the differences are from one type of entity to the next. After reading this book, you should be pretty much up to speed, with maybe one or two additional questions needing to be asked.

So, let's review: read a book, four hours and less than twenty bucks. Listen to an attorney: one hour, $200. Having done the math, I chose to read the book. Unless your business has too much money on its hands (in which case, I'll take some of it!) all of us corporate executive wannabes should read this book! :-)

I found this to be a good overview of corporations usage for individuals. It has certain tilt to using Utah corporations that may be biased by the author's home state. But the insights offered are valid business considerations. The author's views should be discussed together jointly with your accountant and attorney.

I realy got some good out of this book and I recommend to anybody doing their own business.
Good job.

Perfect for the bigger businesses, but I'm not going to need this book for a few more years. Until then, it'll sit on my book shelf and wait for me to grow. I skimmed through it and it seemed very well put together.

Typical of Kiyosaki's Rich Dad series, this book delivers a sound business concept in an easy to read format. Kiyosaki encourages us to create corporation, specifcally Nevada based corps, to achieve our financial goals and protect our assets from litigation and our income from taxes. This book also expands on the idea of being a business owner, as in the B quadrant of the Cashflow quadrant.

I also recommend you read "The Richest Man in Babylon," by George Clason, adn "The 17 Principles of Creating Wealth," by Phillip Collinsworth.

Although the author is pushing his own service (nothing wrong with that) there's lots of good information here. I bought this to do research for a client. Ordinarily I wouldn't have bought it for my own reading. But I found lots of useful information in here. I learned a lot about incorporating that I didn't know and will find it useful not only for my client but for myself as well.

This has REAL information in it and actual application methods. This cd was much more valuable to me than its cost by far.

I didn't put much thought of the structure of my company prior to reading this book. Now, I'm taking a serious look at it and researching ways to fully benefit from a properly sturctured corporation. It has even inspired me to set high goals on ways to expand my business.

The book would deserve 5 stars if the author had compared several popular jurisdictions instead of focusing solely on Nevada.

This book does a great job at exploring the various options for starting a legal business entity. The writing is straightfoward and interesting, and the organization of the book is spot on. The book serves as the perfect primer for business law, and will help readers identify what legal structure is best suited for their needs. Once this is done, I'd recommend finding a book (or lawyer) that focuses on that entity.

This book is chocked FULL of extremely valuable & educational information from cover to cover. When getting into any entrepreneurial endeavor, the whole legal/tax side of things can be very confusing and intimidating, even to the point where many people just don't bother since there is so much to learn. Luckily, there are books like "Own Your Own Corporation" that sum it all up for us with a clear, concise and understandable writing style.

When a business is not registered as a corporate entity, the business owner is liable for all kinds of disasters which can happen in the blink of an eye. Moreover, corporations can save a business owner significant amounts of money through tax breaks and loopholes that the government happily allows for corporations. If you're serious about starting a solid business that will be around for years to come, you need to learn this information and get a good attorney who will ensure proper corporate coverage for your company.

This is not the typical Rich Dad book in that most of the info is more than Robert Kiyosaki's lessons about money. A lot of it is very left-brain, informational reading that isn't necessarily "fun" to read about, but very important to understand nonetheless. If you can develop a basic awareness of what the different corporate entities are about, you can hire an attorney to handle the rest for you. Either way, the basics of this book are absolutely vital for any business owner to understand.

I would recommend this material to any serious business owner.

What this book does is explain about corporations in simple, easy to understand plain English. There are books that tell you how to go about forming your own coporation but this one suggests that you have an attorney do that. I'm not so sure the attorney will be that much help. What the attorney will do is talk to you about the name of the corporation, the officers, etc. Then he will go to his para-legal and have him/her enter this into their word processor and charge you a thousand dollars.

The advice about what a corporation does, how it does it and why is excellent background information. If you decide to incorporate or not, (there are some advantages both ways) at least you will understand what the law says and what people are telling you.

There is a good bit in the book about taking your corporation big and eventually taking it public. Very few corporations ever go that far, so this information is interresting but may not be of much help.

Well written, clear and easy to understand, this book covers part of what you need to know about companies if you plan to be self employed.

This book covers the tax advantages of each type of corporation and the types of liability of each type of corporation. Being sued is a major concern of todays business and there is information for covering ones own butt in different corporation types. It discusses our culpability and financial responsibility for each involved/concerned individual, officer and shareholder.

Only one-third of the book covers what a typical Rich Dad Poor Dad reader would expect: how to use corporations to protect one's assets. The information in this section is really helpful and interesting, especially for beginners. The author provided great examples to illustrate key points. The writing overall, however, could be improved by having better summaries of each chapter and by defining every new legal term used in the book (for example, the book never defined "indemnification" but it used it frequently).

Another one-third of the book covers how to start a company and take it public (have it listed as a public stock). I don't think any typical Rick Dad Poor Dad reader has this purpose in mind for their businesses or real estate purchases, so this second part of the book is utterly useless and irrelevant to most readers. The last one-third of the book basically lists the laws for incorporation for each state, which is useful, but I'm sure the author could have provided a webpage to list all this information.

Another thing to consider is that this book might be outdated. It was published in 2001, and laws may have changed by now (this review is written in early 2006). For example, the double-taxation policy of dividends was changed after the publication of this book. I think the author might have overcome this by providing updates to important relevant laws through a website or something similar.

For all these reasons, I'd recommend the interested reader to explore other sources first. Unfortunately, I can't recommend other books yet. If there doesn't seem to be any other good sources, then consider reading this book only if you can buy it used or borrow it from the library.

Did you ever wonder what the subtle differences were between C-Corps, S-Corps, Partnerships, LLPs, LLCs etc...? Well this book does an excellent job of helping the lay person understand the distinctions between a numerous variety of legal business entities. It comes complete with simple illustrations that really drive home the importance between the different structures that will benefit anyone who is either in business now or certainly if you are thinking of starting one.

After reading Rich Dad Poor Dad, I bought several books that I felt would be of assistance to my purposes of incorporating and learning how to become more self sufficient. And maybe because my incorporation needs are more modest than this book really addresses, I'm being too critical.

That said, I believe that this book speaks to a certain group of people who already have in place a business and may or may not be operating it as a partnership, LLC, S or C Corp etc. This book speaks to the virtues and problems with each.

However, I looked for a little more individualistic advice like Rich Dad Poor Dad seemed to offer. This book doesn't address incorporation at that level at all. True, there's detail enough for me to learn about the different types of incorporation, but not enough to speak to me and say, "as an independent contractor in this type of field, you would do well to incorporate as a X".

Yeah, that's a lot of hand holding, I know, but frankly, this is new territory for me. And if you're reading this book, I would think it would be for most. So, yes, I'd like it to have been a bit more detailed than it is.

As an overall, broadstroke book - it is very good. If you know that certain corporation types are unnecessary for you, then you can skip reading large portions of the book.

This is an excellent book and should be read by everyone interested in starting a company. Another excellent book is called Stop Working by Rohan Hall which teaches individual and entrepreneurs how to sell their products to the global market with little or not financial investment. Both books are excellent for small businesses and entrepreneurs.

As an incorporation consultant, I have nothing but good things to say about this book. The advice is better than most that I have read. The 'C' Corporation form is shown to be of benefit for the small corporation where all the owners are also employees and it has been my experience that most books don't show this viewpoint. Kudos from MrLee.org

Very helpful I was looking to incorp,but wasn't sure wich corp to choose. This book cleared it up

If you're running a small business, considering striking out on your own, or own real estate, this is perhaps the smartest book of this type on the market.

Although there's nothing new here, "Own Your Own Corporation" is extremely accurate, doesn't lead the reader down any paths which could later cause problems with litigation exposure to you, and does a great job summarizing the collected contemporary wisdom about corporations and other entities used for asset protection.

Incredible book gives you all the basics and more.
For all those people that think you need to be an advanced businessman to read this book, I'm 21 and don't own any type of business.
It's not an easy read, but if your dedicated, it gives you enough information to start your own corporation. My favorite parts of the book are the examples about the available laws, loopholes, tax breaks, etc.
If anyone I know decides to start a business, I'm prepared to walk them through, or at least guide them in the right direction (that's how good this book is).
Don't get me wrong, you might and most likely will need a lawyer, but at least you know which corporation to start with (depending on your business).
If nothing else, this will show you the importance of a corporation and how not to mess up if you already have one.

sorry about the late review, when i went to review it before it did not give me the option, but now that i can, i must say it was a pleasure doing business and would be glad to in the future. :-)

Start with the right foot. If you are looking to get started with your own business, this is the book to read. Get all the inside-out about the type of corporation you need to setup for your own needs. There is not such a thing one size fit all.

This is a good comparison of different types of companies and compares their strengths and weaknesses.

This is a good book. It explores all the essentials of getting your business started and getting off the ground. A good companion book is Stop Working by Rohan Hall. Stop Working takes you to the next level by teaching you how to structure an Agile business to become wealthy and create unlimited cash flow.

Having a business without being incorporated is like driving a car without insurance. I was confused about corporations, which kind and didn't want to go to a "expert" untill I understood how the process works. This book did just that.

Easy to read. I formed a C corporation with Mr. Sutton's firm after reading this book. They took care of all that legal mumbo jumbo so I could focus on building my business.

I was trapped in big corporations for 20 years - this book helped me understand how to get started...and the "right way" to protect my assets as an entrepreneur.

I only have time to read 2-3 business books a year. I'm glad this was one of them.

I learned nothing from the book. I was even more confused after I read it. There were no documents to show how to fill out any information. I don't recommend forming your own corporation by yourself. I wanted to take the easy way out, but realized I would've made a mistake. Instead, I took a seminar and I accomplished a lot more and got more than enough information to set one up. Of course, it costs a lot more to do so. However, it is the best alternative. Reading this book almost discouraged me from moving forward. I do recommend reading RICH DAD POOR DAD. It was an easy read,offered a great understanding of developing rich habits, but not very informative on real estate investing.

This book is worth every penny and provides the necessary information for owning your own corporatoin either to make money or avoid excessive taxation.

I've reviewed a couple of other corporation forming type books. This one is the best I've read yet. Deals with Nevada corporations. Explains taxes, benefits, loopholes, etc.

Probably not totally complete, afterall, if you're a lawyer, you need something that is thicker and harder to understand, I'm sure, but for the rest of us, this book seems to cover the iformation well enough.

I'd recommend it to any thinking about starting a business or any that are in business and have not yet incorporated.

Garret Sutton does an excellent job explaining various corporations to meet particular needs.

C, S and LLC corporations are covered thoroughly. I was talking to a friend the other day who is in the process of srting his own business. He didn't realize (many don't) the different corporations that are available.

Own your Own Corporation will give you the knowledge to take to your attorney and start your own corporation properly. You'll be in control.

Taxes and lawsuits are two of the biggest deterrents to building and keeping wealth. Sutton explains how to substantially reduce taxes (even FICA!) and insulate yourself from the something for nothing crowd that love to sue successful business people.

Own Your Own Corporation is a must read for anyone in business or anyone who is contemplating forming a corporation and laucnhing a business.

I have read several books on setting up a corporation and still found many useful nuggets of information in here.Garrett Sutton is a legitimate authority and knows what he is talking about unlike some of the other books that are creeping up on the market place today...

This is really a very good book to start on if you don't know anything about the field and want to learn more. I think it may even be useful for people who have just started out with a business of some sort. There is a recurring theme of "Make sure to ask your advisor about this" and really the book could be condensed in to one phrase: "GO FIND YOURSELF A REALLY GOOD LAWYER/ACCOUNTANT/FINANCIAL ADVISOR" But the reason why I give it 4 stars is because if you don't know much about the field (like me), then it really gives you an idea of what issues your advisor should be talking to you about. If she's not, then you know you should either talk to her about it or find someone better really soon.
A good read, it has examples that help explain the otherwise dry material in a very digestable manner.

I recently went to a Rich Dad Seminar where half a dozen experts spoke, including, Mr. Sutton. His advice and thoughts were thoughtful, purposeful and sanguine. I particularly learned that for my own business purposes the structure which was necessary. The differences and uses of a S Corp, C Corp and so on (LLC, LLP) were explained and outlined to my ecstatic satisfaction. I recommend this book for anyone who is thinking about starting a business or who already has. What he will teach you is invaluable and the book itself is a tax deduction. It also contains a special deal to use his national firms resources. I think it would also behoove a businessperson to obtain all of the Rich Dad Series of books. For around a hundred dollars you can get a clear picture of what is necessary to think, know and feel for a business as well as what to do with money and where to find it.