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Old 05-31-2010, 10:13 PM
s-lc s-lc is offline
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Join Date: Apr 2010
Posts: 38
Is your company a LLC or a INC?? Why?

im looking to start up for next season(spring 2011.) im taking this summer to do my research on equipment, advertising, monetary issues, advertising, etc...

im looking into insurance/legal issues for a small business and it looks like a choice between my company being a LLC or a INC. Which one does your company have? why did you chose it? any advice for a new start up??? Thanks!
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  #2  
Old 05-31-2010, 10:31 PM
Coastal Lawn Maintenance Coastal Lawn Maintenance is offline
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Join Date: Nov 2008
Location: VA
Posts: 479
when u form an llc it a limited liability corporation. if anything happens and the company is sued they can only come after the company assets and not your personal assets. there is alot of info on the web about it i could carry on. this is a link that can help u look at what they are http://sbinfocanada.about.com/cs/sta...orporatadv.htm
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Old 06-02-2010, 11:55 PM
Darryl G Darryl G is offline
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Join Date: May 2001
Posts: 7,967
llc partnership with wife and self for tax reasons mostly
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