I'm looking to start a computer service business in South Carolina, and I'm on the fence between choosing an LLC vs a Sole Proprietorship. I've read up on the pros and cons of the various business structures, but I would like to solicit some feedback and opinions as well.
Starting up quickly with limited costs is a primary concern. Would an LLC cost much more or take much more time? I would like to begin within a month's time (yes, I have an initial business plan).
Some other concerns:
I will need personal protection either through business insurance, the protection of an LLC, or disclaimers.
I might eventually hire employees, full-time or temporary. This would probably not happen right away, although I cannot be sure.
I will initially be working with home computer owners, although I would like to expand to service other businesses once the company has gained a reputation. It seems that an "LLC" name might help distinguish from other fly-by-night computer services.
Thanks!
2007-09-21
06:15:26
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4 answers
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