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Export date: Thu Jan 17 14:52:42 2019 / +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 an LLC 1 or corporation 2 is probably a good idea, regardless of your 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.
Links:
  1. http://readysetincorporate.com/faq-items/what-is-a n-llc/
  2. http://readysetincorporate.com/faq-items/what-is-a -corporation/
Post date: 2015-07-12 16:11:16
Post date GMT: 2015-07-12 23:11:16

Post modified date: 2015-07-21 05:36:40
Post modified date GMT: 2015-07-21 12:36:40

Export date: Thu Jan 17 14:52:42 2019 / +0000 GMT
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