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Old 09-26-2005, 11:58 AM
TJMowers TJMowers is offline
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Join Date: Sep 2005
Location: Austin, Texas
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Type of company or corporation

I was wondering what most landscaping companies are set up as. I am going in to this alone and I assume a limited liability company would be my best bet. Does anyone have any advice as to which is best and/or advantages or disadvantages of these.

Thank you in advance--this forum has been extremely helpful in many questions.

Todd
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Old 09-26-2005, 02:44 PM
JasonX JasonX is offline
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Location: Dallas, TX
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Here are a few links that compare the advantages and disadvantages.

http://www.mycorporation.com/forms.htm

http://www.legalzoom.com/law_library...pared_LLC.html

http://www.powerhomebiz.com/vol136/structure.htm
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Old 09-26-2005, 05:00 PM
mmacsek mmacsek is offline
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Todd,
You're best bet is check with your accountant and a business lawyer. Every state is different as you're situation. I changed from a sole prop. to an S corp. There are alot of opinions about which way to go but the big reason is liability. If it comes down to that you will need a lawyer. It cost me about $800 to Inc. Matt
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Old 09-26-2005, 06:25 PM
66galaxie 66galaxie is offline
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Matt is correct, seek the guidance from a CPA. Just as your customers consult you regarding their lawn, you should seek the help of a professional. A good CPA will help you with tax strategies as well. I am not a fan of Turbo Tax and the others because I have seen many business owners not take advantage of legitimate deductions due to these programs. I'm not a CPA nor do I have any interests in any CPA firms.
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Old 09-26-2005, 06:43 PM
A Finer Cut A Finer Cut is offline
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There are many helpful books that address this issue at your local library or bookstore of a decent size. I am currently researching becoming an llc myself. I started out as a Sole Proprioter but need to seperate my business and personal finances. For example, when looking for credit for personal reasons (House, in my case) the business's liabilities are reflected on my personal credit report. If you combine that with the dificulty of verifying income it will make a big difference.
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Old 09-27-2005, 04:09 PM
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Team Gopher Team Gopher is offline
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Hi TJMower,

From what I have seen. Many LCOs start off as a dba. Later they grow into an LLC. Yes you can go right to an LLC. I think most start off with a dba because it is easier.
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Old 09-29-2005, 07:29 AM
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PMLAWN PMLAWN is offline
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[QUOTE=Team Gopher
Hi TJMower,

From what I have seen. Many LCOs start off as a dba. Later they grow into an LLC. Yes you can go right to an LLC. I think most start off with a dba because it is easier.
>[/QUOTE]

I thought a DBA was the sub business of a corporation. Instead of using the corp name you can run a DBA or even 2-3 out of one corp.

That is what we do as we have 3 business running under cover of the corp. none of which is named the same as the corp.
For us a S corp. was best but see an accountant and a lawyer
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