How To Start An LLC

Mark wants to establish a limited liability company, but Dave thinks an LLC might not even be needed.

QUESTION: Mark wants to know the best way to establish an LLC.

ANSWER: I think it depends on how complicated a business you have, how many different elements there are, and how many other people are involved. If it’s going to be extremely complicated, I’d get an attorney. But if it’s just you opening up a business, you might not even need an LLC. You may just want to start a sole proprietorship. Let’s get the thing opened, and making some money, before worrying about incorporating it or making an LLC.