Should I start a Corp or LLC for a consulting company?
I am starting a consulting company and will be the only employee, any other work may be contracted out. Is it better to start an LLC or Corp.?
I am starting a consulting company and will be the only employee, any other work may be contracted out. Is it better to start an LLC or Corp.?
February 1st, 2010 at 4:14 am
corp!!!
There are certain tax breaks that are available to u that arent there for an LLC.
It wasnt so long ago that i was starting out as u are. The insurance is expensive, but i have never heard of an energy co. suing the consultant
February 1st, 2010 at 4:14 am
I did the LLC but it does limit you on what actions you can do a business. It all depends on what type of services you are going to provide your clients. Also check around your area and find out what the same types of businesses are doing in the area. Good Luck on the new venture.
February 1st, 2010 at 4:14 am
Incorporate in your home state.