Definitely get it. Thy are cheap, easy to do, and can save you some grief..
Listen to this man, who salivates at the sight of unprotected personal assets
Definitely get it. Thy are cheap, easy to do, and can save you some grief..
Well, got it figured out. With a sole proprietor you just have to fill out a "doing business as" form to register trade name.
BadgerLB nail it i think.Without LLC they can sue you personally.
Good point. I guess you can always be sue no matter what paper work have or don't have.They can still sue you personally under certain circumstances, if they believe you individually acted negligently or in bad faith separately and beyond your role in the business. Just ask any insurance agent or adjuster who has been named alongside their employer in a lawsuit. A higher profile example would be any civil suits (not the criminal) filed against Madoff for investment fraud. He can be sued separately from his investment management firm.
I will concede that rarely are individuals ever personally found culpable of individual wrongdoing, but it can happen.
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