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Originally Posted by Memnoch
Thanks John and Bung! Another general question to you self employed people out there. What legal entity did you use starting out? LLC, sole proprietorship/partnership or corporation? From what I've seen LLC seems to offer the most flexibility.
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When I first bought the business I started out as an LLC with partners, but bought them out after about 8 months. Now I'm a sole proprietorship, on advice from accountant. Since my goal isn't to be wealthy per say, but enjoy life and make enough to cover my needs and wants. There are some advantages to an LLC, especialy if you are planing to get big and build an empire.