Customer Reviews:
Showing reviews 1-5 of 58
 You ARE STILL going to need a LAWYER September 4, 2009
Mathew Titus (Kluang, Johor, West Malaysia)
1 out of 2 found this review helpful
The thing about these Self-Help books - in particular, those in the Rich-Dad series is that very often, you start out thinking that they are designed to make very complicated things (like, legal jargon) simple enough for the common lay-person to understand, so that you can - with limited resouces, bypass the need for professional intervention (and the associated costs!)
If that is why you intend to buy this book - then WAIT!
All this book REALLY tells you is that things can become TOO COMPLICATED for you to handle - and YOU WILL NEED PROFESSIONALS (i.e. Lawyers)
Any OTHER road - will soon lead to PERDITION!
It's as simple as that.
There are a lot of horror stories of how bad things can go for you, if you are dumb enough to be a sole-owner or even worse, get yourself into a partnership. (Which makes you wonder why these types of businesses were ever invented at all.) The ONLY types of business which seem to end on a "Happy" note - are the ones which require a ton of legal work - which you, by your tiny, feeble self - cannot handle. YOU WILL NEED - LAYWERS!
This book is far too general, for the specialists and way too detailed for the general reader, looking to pass the afternoon. I'm pretty sure there are better ones out there - with better advice. Skip it!
 Good introduction August 15, 2009
Mariusz Skonieczny (ClassicValueInvestors . com)
1 out of 1 found this review helpful
I have personally set up companies with different structures such as corporations, limited liability companies, and assumed business units. I found this book to be very accurate and simple to read. Different legal structures protect the assets differently, but I will say that there is no structure to protect anyone 100% of the time. If you are doing questionable or illegal activities, the judge will pierce through the protection. So don't think that once you set it up you are protected no matter what.
I really liked the section where the author explained different advantages and disadvantages of various legal structures because they are all different and are not suitable for every situation. I don't think this book will make anyone know enough to set up their own LLC or corporation, but it is a good start. I never used an attorney to do it on my own, but I had to educate myself beyond reading this book; however, it gave me enough knowledge to have an idea of where to start.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Another guide to owning your corporation January 23, 2009
Rick Johnson
0 out of 1 found this review helpful
Ok another book all about your own corporation.....with a twist on getting you to understand the advantages of owning your own.
Own Your Own Corporation November 14, 2008
Olusolabomi Olusanya (Silicon Valley, CA USA)
I found this book excellent for my purpose. It advises the reader about reorganizing their businesses for the necessary legal protection. It also advises on how to arrange finance or team up with friends for business
 Informative and Logical September 1, 2008
Sid Schine (Tulsa, Oklahoma)
2 out of 2 found this review helpful
As a general practitioner, not a specialist in asset planning but nevertheless having to advise clients with business concerns and real estate interests, this book is the best on the subject that I've come across. It's actually more informative and logical than bar association materials I've referenced in the past.
Showing reviews 1-5 of 58
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