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View Full Version : What kind of Business are you?


MJK
06-24-2006, 07:47 PM
LLC, Sole Proprietorship or corporation?

xtreme lawn
06-24-2006, 10:24 PM
dba :rock:

Steve
06-25-2006, 12:02 AM
Hi MJK,

Have you been considering one over the other?

MJK
06-25-2006, 12:00 PM
Yea i was thinking about an LLC.

Steve
06-26-2006, 04:18 AM
Have you been running your business as a sole proprietor thus far?

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

tiedeman
06-26-2006, 03:25 PM
Basically in a nutshell you can have a sole prop LLC. That is how mine is setup.

MJK
06-26-2006, 09:49 PM
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
06-27-2006, 07:58 AM
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
06-27-2006, 08:05 PM
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
06-28-2006, 11:32 AM
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
06-28-2006, 10:08 PM
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
06-29-2006, 08:26 AM
Ok sounds good. Let us know how everything works with your llc registration and your bid.