Posted by ben on January 31, 2000 at 17:40:38:
I can tell you with certainty that the Legrand course is very good; it makes it easy for somebody (like myself) who knows nothing about anything … to understand the fundamentals and execute them.
The “corporate versus LLC” thing. I racked my brain with letters to SCORE professionals, emails, books from the library and weeks of research.
You are going to get a couple thousand of opinions on this and the jury will probably be out forever … but I feel VERY good and very strongly about LLC. It protects you and your personal property, while allowing you to reap the benefits of having an easy, uncomplicated tax situation.
LLC is definitely the way to go. My partner and I were blessed with a good legal team when we set ours up, and that may have made a difference as to how I now see it.
But I didn’t stop “shopping” after forming the LLC - I still do research, and talk with people about this. As time goes by, I condinue to get more and more positive affirmation on the benefits of LLC.
Good luck, George.