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Thanks! That’s funny, because while it’s technically a GmbH, it’s really just me — a one-person company. I originally set it up mainly for risk separation. Bef
by Priotecs 9mo ago
Thanks! That’s funny, because while it’s technically a GmbH, it’s really just me — a one-person company.
I originally set it up mainly for risk separation. Before the apps, I was developing backup software, and having a legal structure felt like the responsible thing to do. It also looked more professional at the time. Whether I’d do it again today, I’m honestly not sure.
That said, keeping personal and business finances clearly separated has definitely been a good decision in the long run.
- weinzierl 9mo ago"Whether I’d do it again today, I’m honestly not sure." What are the main downsides you encountered? Apart from the initial investment I can imagine the administrative overhead, but I'd love to hear your insights.
- systemtest 9mo agoSmart move. Germany has the highest rate of lawsuits per capita. You need to be able to cover yourself.