Legal Question in Business Law in New Jersey
Hello,
My name is Paula and I am interested in starting a company from home. I am posting listings on the website Etsy making handmade children's head bands.My question is do I have incorprate my business? I don't have any plans to open a store or a website.
Thank you
Asked on 8/06/12, 11:23 am
2 Answers from Attorneys
Daniel Pepper
Pepper Law Group, LLC
It can only help you to either incorporate or form a limited liability company to protect your personal assets. But there is no requirement to do so, if that is what your question is.
Answered on 8/06/12, 11:34 am
Walter LeVine
Walter D. LeVine, Esq.
I agree with Dan, and usually forming and operating as a one-person LLC is less expensive in the long run, plus gives you some personal asset protection. However, you can operate as a sole proprietor if you want to and do not want the costs of an entity formation and operation.
Answered on 8/06/12, 12:31 pm
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