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View Full Version : How is your business set up?


Griff
12-22-2009, 04:07 PM
I am looking to start a landscaping and lawn care business in the Spring. I am curious how you have your business set up. Are you 1) fly by the seat of your pants not licensed, 2) a LLC 3) Corporation or 4) Sole Proprietor?

xclusive
12-22-2009, 04:26 PM
I am looking to start a landscaping and lawn care business in the Spring. I am curious how you have your business set up. Are you 1) fly by the seat of your pants not licensed, 2) a LLC 3) Corporation or 4) Sole Proprietor?

Im set up as a LLC. Its definitely not a good idea be unlicensed. I would suggest goin with 2-4 as one of your options they al have different benefits depending on what state your business will be formed in.

Griff
12-22-2009, 04:39 PM
I definitely don't plan to be unlicensed. I just know that many people are.
Posted via Mobile Device

JFGauvreau
12-22-2009, 04:41 PM
1).. been in business for 16 years never had a problem.. jk

I created a Federal Corporation (Canada) just because I spoke to many employees over the phone, did hours of research and figured it was the best for me.

The best thing about the corporation I found was the separated legal entity.
Having its own rights and privilege apart from the shareholders, so basically if someone sues you, they can only acquire the corporations asset and not your personal stuff, unlike a business.

But thats just me, you should really do lots of research before and talk with many people that work in the business industry. I've spoke for hours on the phone with people who work with Corporations Canada, very helpful tool.

Griff
12-22-2009, 04:55 PM
I definitely don't plan to be unlicensed. I just know that many people are.
Posted via Mobile Device

xclusive
12-22-2009, 09:06 PM
I definitely don't plan to be unlicensed. I just know that many people are.
Posted via Mobile Device

some people want the easy way out but eventually in the end it will catch up to them

93Chevy
12-22-2009, 09:11 PM
I'm set up as an LLC. It the best form of business ownership for a small business, IMO. Many benefits for the right price.

bohiaa
12-22-2009, 10:19 PM
If your solo, you will loose a lot of tax benifits forming an LLC,

A simple DBA will work fine untill you get larger.

Bob_n_weave
12-22-2009, 11:01 PM
DBA here. 1 million General Liability.

buffalonick
12-23-2009, 01:00 AM
Just got my DBA a few months back...easy and took about 30 minutes and $50 bucks.....now im legal, also just applied for my tax permit and will be looking at insurance soon, its easy i dont see why ppl dont

Griff
12-23-2009, 12:42 PM
thank you all for the input.

RigglePLC
12-23-2009, 05:36 PM
DBA, sole proprietor. Costs 50 dollars to register with the county.