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  1. #2
    BPnet Veteran Egapal's Avatar
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    Re: would i need a busness licens

    Quote Originally Posted by willieshotg3 View Post
    would i need a busness licens if i am breeding ball pythons to get morphs i want but just selling off the extras???
    You need to file a DBA (Doing Business As) to take advantage of some of the tax benefits of owning a business. You have to file for an LLC (Limited Liability Corporation) if you want to get any of the liability protection. Most people don't file for a DBA or an LLC unless they start selling a decent amount.

    FYI: I am co-owner of an LLC that my business partner and I setup to do side computer work. We wanted it for the liability protection.
    Last edited by Egapal; 02-04-2011 at 02:26 PM.

  2. The Following 3 Users Say Thank You to Egapal For This Useful Post:

    Teresa (02-04-2011),uzualsuspect5 (02-05-2011),willieshotg3 (02-15-2011)

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