A LLC or Limited Liability Company. Let's assume you have an idea that will make you money. You decide to invest your savings in your idea to start a business. You obtain a DBA ( Doing Business As Certificate) and begin selling your product or service. You are now legally in business as a sole proprietorship. THE PROBLEM as a sole proprietor, you and your business are one. Exposing your life savings or property to law suits and creditors.
THE SOLUTION is filing a legal entity to operate your business as a LLC or Corporation. Doing so, coupled with properly maintaining your entity, will give you legal limited liability or complete separation from legal risk of the business. Essentially protecting your personal assets as well as providing additional tax benefits. Consult with you CPA for tax benefits.
Sabooz offers the following services for this step:
1. LLC formation services in Texas, Wyoming, Nevada & Delaware Only.