Legal Question in Business Law in Georgia

incorporation

I have a small janitorial business and need to know if i would be better off to form an llc or inc.


Asked on 12/01/06, 5:36 pm

2 Answers from Attorneys

SHERRY RAGOLE RAGOLE & ASSOCIATES, LLC

Re: incorporation

An attorney will need more details about your business objectives and possible plans for the growth of your business in order to answer your question.

My firm counsels small business owners and can do the initial paperwork for you reasonably. Please contact me if you desire what this entails.

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Answered on 12/01/06, 7:50 pm
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: incorporation

Generally, yes, you will be better off incorporating as an LLC or S-corp. Of course, every business is different, but from a legal stand point, you get no limited liability protection if you are a sole proprietorship or partnership. This means that your personal assets would be at risk if someone sued you or a creditor was collecting a debt.

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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Answered on 12/04/06, 9:01 am


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