Members CeilingUnlimited Posted July 23, 2013 Members Report Posted July 23, 2013 I'm looking to officially start my Leather business here in the very near future,and I'm curious as to how most of you started? Did you start out as a sole Proprietor to save cost or did you file as an LLC or Corporation? Did you start as a sole Proprietor and then later switched to an LLC or Corporation? I plan on selling some of my Leather works as well as buying wholesale products for retail. I've already spoke to a Lawyer,and know what protection each one offers etc but I'm just curious how you started as to how you originally filed your business? Pros/Cons/Recommendations??? Quote
Members MTH Posted July 23, 2013 Members Report Posted July 23, 2013 I second the question. I'd like to know as well. Thanks! I second the question. I'd like to know as well. Thanks! Quote
Contributing Member Samalan Posted July 27, 2013 Contributing Member Report Posted July 27, 2013 My first company was D.B.A. the second was corporation and third is LLC. Quote
Members BOB BRENNER Posted July 27, 2013 Members Report Posted July 27, 2013 The type of business organization will depend on your unique set of circumstances. I would suggest that you consult with an accountant and an attorney. Given your situation they will determine the proper business organization. A little money spent here will be well spent. Bob Quote
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