View Single Post
Old 10-02-2006, 03:25 PM  
Barefootsies
Choice is an Illusion
 
Barefootsies's Avatar
 
Industry Role:
Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
Quote:
Originally Posted by kroncheez
whats the biggest advantage of an LLC over sole proprietorship?


The only thing im worried about is protection against lawsuits, anyone else have any experience with this or business liability insurance?
LLC means a lot of things. The best, and easiest explaination... LLC means if you were sued, they can only come after the "COMPANY'S ASSETS" not your own personal one's too.

They cost around $500.00 to get. Varies a little by area, and how intensive.

Worth every penny.

__________________
Should You Email Your Members?

Link1 | Link2 | Link3

Enough Said.

"Would you rather live like a king for a year or like a prince forever?"
Barefootsies is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote