Ready. Set. Incorporate! https://www.readysetincorporate.com/faq-items/is-my-business-big-enough-to-justify-the-additional-overhead-of-a-corporation-or-llc/ Export date: Thu Mar 28 16:59:29 2024 / +0000 GMT |
Is my business big enough to justify the additional overhead of a corporation or LLC?“Big” is a relative term. Size isn't always the only, or even a significant, element to determining whether you should entity-ize your business. If you run a small business, but it's a high-risk business, like, for example, a liquor store, then the overhead 1 of an LLC 2 or corporation 3 is probably not only a good idea, but worth the overhead cost, regardless of its revenue. |
Excerpt: “Big” is a relative term. Size isn’t always the only, or even a significant, element to determining whether you should entity-ize your business. If you run a small business, but it’s a high-risk business, like, for example, a liquor store, then an LLC or corporation is probably a good idea, regardless of your revenue. |
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Post date: 2015-07-12 16:11:16 Post date GMT: 2015-07-12 23:11:16 Post modified date: 2022-03-29 21:46:47 Post modified date GMT: 2022-03-30 04:46:47 |
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