It is not more legit then a DBA.
Originally Posted by RussellB
You guys are carrying this way to far and it is misleading. An LLC has a purpose and carrying the proper amount of insurance has a purpose. Together you have a legit company and for the most part are protected.
It has nothing to do with having the proper insurance.
It is not carried to far because people still claim that you can not get personally sued when you can.
Going to bed one night. Then the next day lose it all to a law suit when you were allowed to falsely think you were protected from law suites is a big thing.
The question of should I become an LLC is always asked by a guy starting out with no employees. He will be on the job site doing the work. There is no employee to pass the blame on. An LLC will not protect him from being sued and may lose in court.
I would bet that when he gets a helper and his is working with the helper and the helper does the F'up the owner can still get sued because the employee was under his direct supervision.
It still is a big issue because people that post here are still not aware that they can be held liable as an owner of a LLC.
Last edited by 32vld; 01-09-2014 at 02:24 PM.