4 ms·
I live in WA. Email's in profile. Ping me for coffee if you're in Vancouver. One thing that has occurred to me after I formed an LLC, is that being a sole pr
by pdx 14y ago
I live in WA. Email's in profile. Ping me for coffee if you're in Vancouver.
One thing that has occurred to me after I formed an LLC, is that being a sole proprietor with a DBA, while considered somehow, amateurish, has one advantage. You need to be a lawyer to represent somebody else in court, even if that "somebody else" is your single member LLC. However, if somebody sues you as a sole proprietorship, you just show up in court with no money out of your pocket. Since, you need to guarantee your line of credit, etc, with personal property anyway, the whole LLC "corporate veil" attempt, which often/usually fails anyway, seems of little value to me, for most single member LLC's.
This is all just my opinion, and I am not following my own advice, but I might follow it in the future.
- aedr 14y agoThanks for the perspective pdx.