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The pain and cost very much depend on one’s jurisdiction (hey, once upon a time it literally required an act of Parliament!). And there are levels to it, too.
by eadmund 2y ago
The pain and cost very much depend on one’s jurisdiction (hey, once upon a time it literally required an act of Parliament!). And there are levels to it, too. Absolutely, the first time one sets up a company one needs to hire a lawyer. But after that it’s more of a judgment call.
$5k/month is $60k/year — I am not myself comfortable with the unlimited personal liability risk that brings without a company.
- anonzzzies 2y ago> $5k/month is $60k/year — I am not myself comfortable with the unlimited personal liability risk that brings without a company. Yeah, here that's not such a problem; I wouldn't do a LLC at all if it would not really help with selling it.