Dba or llc

Discussion in 'Starting a Lawn Care Business' started by Clean N Green, Nov 20, 2009.

  1. Clean N Green

    Clean N Green LawnSite Member
    Posts: 17

    Im starting a company and want to know if I should become a dba or a llc. It will be a small company owned by me and my wife only. Im leaning more torwards a dba any advice
     
  2. laird006

    laird006 LawnSite Member
    Posts: 170

    LLC in your situation, I imagine you have a decent amount of personal assets that could be lost due to a lawsuit from an accident. DBA will not protect your personal assets like an LLC will, not that an LLC is a cure all either, but it is a lot safer for you if you get into trouble.
     
  3. pdenney11

    pdenney11 LawnSite Senior Member
    Posts: 367

    LLC for sure. I did DBA when I first started because I was 18 and all I owned was a truck. Now I am starting to have more personal assets so I made the switch to LLC the beginning of this year to save me from any problems. Better to be safe then sorry.
     
  4. Clean N Green

    Clean N Green LawnSite Member
    Posts: 17

    Ya I really dont own much for right now but I think that i should think about the long run and just do the llc. Now i probably wont make much money over the first year just because its a part time thing so how does that affect me tax wise?
     
  5. laird006

    laird006 LawnSite Member
    Posts: 170

    do you own a truck, house, property, etc. your PERSONAL assets can be taken using a DBA, not just business related ones.
     
  6. Clean N Green

    Clean N Green LawnSite Member
    Posts: 17

    Just a truck
     
  7. laird006

    laird006 LawnSite Member
    Posts: 170

    well its not as big of a deal then, but definitely invest in some insurance, and when you start to grow some I'd still go LLC
     
  8. Clean N Green

    Clean N Green LawnSite Member
    Posts: 17

    ya the dba is much cheaper and will work for now but when i get into snow removal commercially i will go LLC
     

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