[Cialug] Starting an LLC

Dave Weis djweis at internetsolver.com
Thu Sep 11 06:04:10 CDT 2008


On Wed, 10 Sep 2008, Colin Burnett wrote:
> I remember this coming up at a recent meeting but I don't remember who
> it was.  What do you need to do to start an LLC?

Depending on why you are forming it an S or C corporation may be a better 
idea. The biggest benefit is that the owner's health insurance was 
completely deductible as opposed to an LLC.

Another benefit is that when you are getting a loan of any kind you can 
say you are an employee of a company and you will get a lot less 
questioning than if you tell them you own your own company. That's a bit 
of free advice that I learned the painful way :-)

dave



-- 
Dave Weis
djweis at internetsolver.com
http://www.internetsolver.com/



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