3 ms·
Probably a good idea to set things up as a 1 member LLC in order to limit any liability, so that if anything happens, you're not personally liable for anything.
by apolymatth 10y ago
Probably a good idea to set things up as a 1 member LLC in order to limit any liability, so that if anything happens, you're not personally liable for anything.
I'm also getting ready to start another small business for a side project, and have had a good experience getting it setup using LegalZoom. Quick and really easy to do.
https://www.legalzoom.com/business/business-formation/llc-overview.html https://www.legalzoom.com/business/business-formation/llc-ov...
Just opt to get the EIN (employee identification number), yourself from irs.gov instead of having them do it for you. It's free on irs.gov and can be done in a couple minutes. LegalZoom however charges like $69 for it, which isn't worth it.
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online https://www.irs.gov/businesses/small-businesses-self-employe...
Hope this helps.