Legal Question in Business Law in Illinois

Re: Starting a Gymboree type Playarea facility

As to the cost of liability insurance, which you should certainly carry, I would assume that would depend on a host of factors not included in your question and be more properly directed to a business insurance carrier or broker.

You probably should also consider forming a corporation or LLC to operate the business and thus insulate your personal assets from any catastrophic business liabilities. For more information on my business incorporation and LLC formation services, please see my website at www.incorporatecalifornia.com

I am licensed in CA & IL.

Regards,

Re: Starting a Gymboree type Playarea facility

Congratulations on wanting to start your own business. It can be a very fulfilling and very frustrating experience. However, if you're asking attorneys how much equipment is going to cost you, I think you might have a little research you need to do first. You should at the very least put together a business plan. I see from your zip code you are in the Quad City area. You might contact Donna Scalf at the Black Hawk College Small Business Development Center at 309.764.2213 for assistance in this regard.

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