What kind of Business are you?

[MJK]

LLC, Sole Proprietorship or corporation?

[xtreme lawn]

dba :rock:

[Steve]

Hi MJK,

Have you been considering one over the other?

[MJK]

Yea i was thinking about an LLC.

[Steve]

Have you been running your business as a sole proprietor thus far?

What's made you think of going to an LLC?

[tiedeman]

Basically in a nutshell you can have a sole prop LLC. That is how mine is setup.

[MJK]

My business isn't registored so its not a real business. But i'm starting to make money were i kind of have to make it legit.

[Steve]

Well even if your customers pay you, that is a real business. DBA only means 'doing business as.' There is no reason you can't do business as yourself. That is how plenty of people get started. I don't think there are any laws that force you to register a business name when you are using your own name.

Would you want to change your business name to something else? What's your view?

[MJK]

I kind of want my business to be seprate from me as a person. *That is why i was looking into starting an LLc. *Incase something happens with it i don't want to lose all my Possessions.

[Steve]

Hi MJK,

It's good to see you thinking these things through. Registering under an LLC would be a good idea if you are concerned about protecting your assests.

Are you planning on registering it yourself or having an accountant do it?

[MJK]

I think i'm going with the accountant. I have to do it fast because i want to bid on some commercial sites and enter a Refferal group called BNI. So i don't have much time to look it all up.

[Steve]

Ok sounds good. Let us know how everything works with your llc registration and your bid.