Ask yourself whether this is primarily a way to meet your own artistic
or career needs. If so, then give yourself a time period in which you
will devote at least at much energy to advancing your career in other
ways as you were going to spend reading that Nolo Press book on how to
incorporate. Make meetings with larger theaters to see if you can join
forces, try to see if you can connect with someone else with a space, an
audience, some kind of demand that you can supply.
Rebecca Novick, "Please Don't Start a Theatre Company" (at 2AMt)