Legal Question in Business Law in Georgia
Candy Business
I am officially legalizing my confections business (cakes, brownies etc.) for the purposes of doing business online. The business will be soley operated by myself. I'm having a hard time deciding if I should incorporate or become a LLC. I definitely want to protect my personal assets. Which is better in your legal opinion? Oh and also, I'm renting kitchen space to process orders. Should I use that address to set up the business structure or my home address? Please advise. Thanks!!
2 Answers from Attorneys
Re: Candy Business
The LLC would probably be better. However, you need to consider the tax ramifications of whatever you do. Run the idea by your tax adviser.
Re: Candy Business
While it would be best to fully discuss your needs and plans for the business, it is likely that an LLC would be a better fit. It is easy to set up and maintain, and is often more attractive to very small businesses.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
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