Legal Question in Business Law in Texas
My sister and I are starting a catering/food truck business. Is it better to go with an LLC or incorporation since we are just starting out?
Asked on 9/22/15, 1:10 pm
1 Answer from Attorneys
Arthur Geffen
Arthur H. Geffen, P.C.
Both offer limited liability if operated correctly. It is possible to achieve partnership (flow thru) taxation with both. IF that is important to you, an LLC is probably the better choice. BEWARE, there are pitfalls to doing this yourself.
Answered on 9/22/15, 1:15 pm
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