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Getting an LLC

Discussion in 'Business Forum' started by MrAirsoft, Apr 9, 2007.


  1. MrAirsoft

    MrAirsoft
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    Joined:
    Apr 8, 2007
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    Location:
    Baltimore, Maryland
    I've been looking into LLCs (that's Limited Liability Company), and it seems like a really great thing to have. If any of you have businesses that aren't yet registered, you should go with an LLC. While a DBA is cheaper, an LLC protects you and makes your business an entity. In my state, they cost $215, so it's not cheap.
     
  2. PawDog

    PawDog
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    NRA Member

    Joined:
    Mar 3, 2005
    3,302
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    Location:
    Big Thicket, Texas
    ...my wife has been in a sole proprietor DBA business for about 3 1/2 years, and just incorporated this year....tried to sell her on the LLC, but, she wanted the INC. benefits instead....Good luck with your venture!:thumbsup:
     

  3. MrAirsoft

    MrAirsoft
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    Apr 8, 2007
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    Location:
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    Yeah you can definitely do more with an INC than an LLC, but INC has benefits that I'll never need.
     
  4. Leathercrafter

    Leathercrafter
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    Aug 3, 2004
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    Location:
    Florida
    My main entity is an LLC with DBA's underneath it. In addition, I've changed our tax status to an 'S' Corp. So I guess we're kind of getting the best of both sides.
     
  5. Tom Burks

    Tom Burks
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    Joined:
    Oct 1, 2006
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    Location:
    Georgia
    I went with an LLC as well. It's only a $100 filing fee and only one Article is needed. This is in GA.