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I did it to protect myself. Worse case they can only take whats in my company. (I build apps, but you never know when you will encounter the next ouch-hot-coffe
by fullstackchris 3y ago
I did it to protect myself. Worse case they can only take whats in my company. (I build apps, but you never know when you will encounter the next ouch-hot-coffee-in-paper-cup wacko)
Keep in mind, at least in the US a "business" is nothing more than a legal and tax entity. Lotta people talking immediately about "your startup will fail!". A "startup" is only one of many ways to do business, and more and more often I find it a smoke and mirrors way of doing things.
- fullstackchris 3y agoMore on the actual logistics in the US: you pay $200 for registering the LLC, must do taxes each year of course, and file a biennial statement (at least for New York State LLCs) confirming if your information has stayed the same or changed. It's really nothing glamorous.
- wharvle 3y ago> the next ouch-hot-coffee-in-paper-cup wacko Nitpick, but this specific example, despite its place in pop culture, wasn't a case of a lawsuit-happy wacko. McDonalds screwed up, after being warned they were screwing up and failing to correct, and someone got badly hurt.