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Junior Varsity
Operating as an LLC
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<blockquote data-quote="Tom Bourke" data-source="post: 92426" data-attributes="member: 4342"><p>Re: Operating as an LLC</p><p></p><p>I have an LLC. In order for it to perform its legal function you must follow the rules and procedures put forth by the states you operate in. You may need a lawyer familiar with all the states you want to operate in. It is a little more paper work and money but I think the advantages out way the cost.</p><p></p><p>First, the rules and procedures are good practices anyway. So the extra paper work really is not a bad thing.</p><p>If you follow the rules you have some legal protections. Those protections are not infallible but better than not having them.</p><p></p><p>Being an LLC puts you a notch above a sole proprietor in the eyes of many clients and possible suppliers. It shows you have gone the extra step to be an up standing business. Those letters after my company name have opened some doors for me.</p></blockquote><p></p>
[QUOTE="Tom Bourke, post: 92426, member: 4342"] Re: Operating as an LLC I have an LLC. In order for it to perform its legal function you must follow the rules and procedures put forth by the states you operate in. You may need a lawyer familiar with all the states you want to operate in. It is a little more paper work and money but I think the advantages out way the cost. First, the rules and procedures are good practices anyway. So the extra paper work really is not a bad thing. If you follow the rules you have some legal protections. Those protections are not infallible but better than not having them. Being an LLC puts you a notch above a sole proprietor in the eyes of many clients and possible suppliers. It shows you have gone the extra step to be an up standing business. Those letters after my company name have opened some doors for me. [/QUOTE]
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