What kind of business are you running?

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rottdawg

What kind of business are you running?

Post by rottdawg »

I am just setting up shop & I am wondering what type of business do you all run. I am thinking about going the LLC route. But I'm not sure if I need to or not. So whats everybody else doing?
Kevin
mafsu

Re: What kind of business are you running?

Post by mafsu »

S corporation
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Re: What kind of business are you running?

Post by SGT »

Sole Proprietor for now. Evaluate your needs and match them to the business model that fits best.
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StarQuest

Re: What kind of business are you running?

Post by StarQuest »

This would be a accountant question.

They're both advantages and disadvantages when choosing any business entity.

I personally operate under C corporation but doesn't mean your basic needs would require that.
Layne

Re: What kind of business are you running?

Post by Layne »

Sole Proprietor. It has tax advantages here in Teas.
Onsite

Re: What kind of business are you running?

Post by Onsite »

LLC

Check with your Lawyer or Accountant to see what works best for you.
dingmedic

Re: What kind of business are you running?

Post by dingmedic »

LLC . We are both operating members.
OmNi

Re: What kind of business are you running?

Post by OmNi »

LLP - Same as a LLC but under partnership advantages.
toab

Re: What kind of business are you running?

Post by toab »

Sole proprietor for now as the losses assosiated with business developement can be written against my fulltime job for a year at which time I have to get going.
Starburst Mobile WR

Re: What kind of business are you running?

Post by Starburst Mobile WR »

Under our L.L.C. using the D.B.A. Depending on what State your in it's always best to check with your Accountant or Lawyer. They can usually give you the best direction. Notice I said usually:eusa_pray
Good Luck:D
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