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Your Name -or- Business Name

Discussion in 'General Business' started by nichevalue, Apr 27, 2006.

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  1. #1
    I have just started building my internet business and I am doing everything in my own name. Right now I am not making that much money (mid $xxx month), so it doesn't really matter.

    But if the business and sites grow as I plan, I am thinking that I should register and begin using a business name. I would do this to limit my personal liabilities.

    I was just curious to see how many of you do business in your own name or in the name of a registered business.
     
    nichevalue, Apr 27, 2006 IP
  2. Jim Guinn

    Jim Guinn Peon

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    #2
    I registered as a Limited Liability Company (LLC) early on. One, because of the liability issues of personal property, and the other because of the tax situation.

    A good site to read about the differences between a self proprieter, LLC, Corp., etc is http://www.bizfilings.com

    Jim
     
    Jim Guinn, Apr 27, 2006 IP
  3. Michau

    Michau Well-Known Member

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    #3
    I was ding the business under my name for few years, but this year I registered a LLC for it. I think this was a good move (tax benefits).
     
    Michau, Apr 28, 2006 IP