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Choosing a Legal Structure

This topic contains 2 replies, has 2 voices, and was last updated by  Kerry Montgomery 2 weeks, 3 days ago.

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    Cynthia Hurst

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

    Thank you!


    David Crabill

    I’d recommend a sole-proprietorship. Please see here:


    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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