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Old 2007-10-20, 10:57 PM   #3
papagmp
That'll teach you to leave your sister unattended.....
 
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Join Date: Jan 2007
Location: Colorado Springs
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Depending on the state, an LLC may offer enough protection for the type business you are entering. I would never operate a business in my own name with no legal separation between my home and my business. I currently have 7 LLC's and 3 INC's – most turn a profit. The various structures have both legal and financial ramifications so sit down with your attorney and accountant and decide which is best for you. If you don’t have an attorney and account, get one – if my memory serves me properly, the SBA claims that 85% of the businesses that fail, do not have proper legal and financial advisors.
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