Legal Question in Business Law in Illinois
Business licence
I am interested in represnting a telephone company as thier agent and I am thinking of doing this from home Do I need a licence or registration and Do I need to form a company name or a corporation to do this kind of business.I just want to start as a very small venture What are the tax implications? Please advise me. Thank you very much.
1 Answer from Attorneys
Re: Business licence
In order to properly advise you I need to know additional information. The main business structures that are available to you are sole proprietorship and corporation. Each has its own tax implications.
As to whether you need a license, you need to know even if you can operate a business out of your home. This may depend on zoning restrictions and homeowners association restrictions.
If you wish to discuss this further please telephone (847) 223-4410.
Very truly yours,
Thaddeus J. Hunt, Esq.
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