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how and why..
4 posters
how and why..
How is your biz set up for legal structured? Sole prop, LLC, other?
Matt; My carpet cleaner- Senior Member
- Posts : 1419
Join date : 2013-09-21
Age : 59
Location : Yakima, wa.
Re: how and why..
LLC, but it really doesn't protect you much more than being a Sole Prop....since you are the one doing the work. If you are behind the desk with employees providing the service, it is a whole different matter.
Re: how and why..
Sole prop her as well. Never spoken to a pro about the other options though. There may be some tax savings with the other options at least that what I've heard
Re: how and why..
There are some Mo if one chooses to run the LLC as an "S-corp", but for most of us it wouldn't be worth it in my view. If you had several employees and a shop / office then it might be.
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