Startup Next Door

This is Part III of the Delaware LLC series. Start series here.

OK, this is where the real action happens. Once you’ve got your business and personal accounts separated, it’s time to take the plunge and get your LLC.  There are any number of companies that would jump to help you: The Company Corporation and LegalZoom are just two.  But since I’ve had good experience with LegalZoom in the past I used them.

I’ll guide you through the whole process, which takes about 30 minutes.  Let’s go!

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This is Part II of the Delaware LLC series.  Start series here.

In order to protect your personal assets, it’s vital to separate your personal money, expenses, and debt from those of your business, or you may forfeit the legal protections that LLCs and corporations offer.

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Part I: Why you need one, and your options

This is the first of a three-part series on how to set your startup with a Delaware LLC. I recently did this, and will guide you through the process. Let’s get started.

Sole Proprietorships are good if you are very small

When you’re first starting your business and you’re making a few bucks, you don’t have to worry too much about getting sued. For one, you may only have a few customers, you’re making them happy, and they are paying you. But as time goes on and your customer base grows, it’s realistic to expect that something will go wrong.

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