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Georgia

Choosing a Legal Structure

This topic contains 2 replies, has 2 voices, and was last updated by  Kerry Montgomery 1 year ago.

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  • June 16, 2014 at 1:22 am #7408

    Cynthia Hurst

    For new CFOs, what is recommended when establishing the business — set up the business as a sole proprietorship or LLC?

    Thank you!

    June 17, 2014 at 1:44 am #7525

    David Crabill
    Keymaster

    I’d recommend a sole-proprietorship. Please see here: http://forrager.com/groups/california/forum/topic/can-you-expand-answer-on-llc/

    July 31, 2017 at 5:41 pm #39009

    Kerry Montgomery

    I see that this post is a couple years old. Do you still agree with your original opinion to stick with a Sole Proprietorship instead of a LLC? Would you suggest (or do you personally have) business insurance with your home owners insurance? Or do you look at it kind of the same way?

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