I am going to be purchasing a house for the first time this year and I have a few questions on how it affects my business. 1.I'm a solo sole prop. Should I change my status to inc. or llc. to protect my house if I am ever sued? 2.I use my personal name as the business name. (dba) Should I change that? 3.Should I carry more insurance? This is a small side business that I enjoy. I have a regular full time job and don't want the business to become a liability (being sued).