- May 20, 2008
But our resident geniuses can't think that far. They need their talking points provided for them.The main benefit of a corporate structure/company is that it is a separate legal entity.
And the owners aren't liable for loses. Thats the main reason why companies were invented.
You can just make profits for yourself and your friends in your personal capacity. You don't need a company for that.
Obviously the main goal of a company is to make profit and not go bankrupt, but the main reason to have a company legal structure is to protect against bankruptcy.