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Old 03-31-2008, 05:54 PM
999affiliates 999affiliates is offline
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Join Date: Mar 2008
Location: US
Posts: 63
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I personally have an LLC setup, however I set it up for the limitation of liability. I do work which might expose me to lawsuits and I would like to minimize the damages if that would arise. I like LLCs with with most businesses, however there with an LLC you need to do a little extra work to keep the corporate veil in tact (protect yourself in a lawsuit). These included using separate bank accounts, signing agreements on behave of the LLC. The good thing about an LLC as compared with an corporation is you o not have to keep minutes, which can be a hassle. I suggest you look into the benefits of an LLC as opposed to a sole-proprietorship.
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