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  1. #4
    BPnet Veteran JD Constriction's Avatar
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    Re: the business end...

    An added note about an LLC.

    While not neccesary it does protect you. It limits your personal liability and focuses the liability on your company.

    While unlikely, if someone were to get injured from a bp you own or sold them and decided to sue you they could come after your personel assets and/or income. With an LLC they could only sue the company and get access to the assets and income of the company.

    You can form an LLC and be the sole proprietor and still claim all expenses on your personal tax return without filing seperately.

    Snakes are typically "unpopular" in society and I believe it would be rare that someone getting injured from a snake would lose a court case (or possibly even saying they were "traumatized" by its presence ....people sue over the dumbest things). Hence why I personally decided it would be best to form an LLC.

    Hope that helps
    Last edited by JD Constriction; 06-17-2008 at 02:26 AM. Reason: correct grammar
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