Summer is here: the days are long and hot, Main Street is abuzz with activities, and it’s time to roll out the food trucks. Maybe one of them is yours! Or maybe you’ve just opened a brewery downtown. Or maybe you act as a personal chef on occasion. Great! You’ve made sure to check all the boxes: you’ve formed your entity, received your licenses and registration, and you’re ready to rock.
Or have you? Or do you need to? The way in which you operate your business will have a significant effect on the success of that business. There is no “one size fits all” answer to what you need to do and how you need to do it, but you should know whether operating as an LLC, rather than a sole proprietor for example, may be beneficial. Additionally, you should know whether you need to register your business or obtain a license before opening your doors to the public.
If you have questions about whether your business may be at risk or simply whether it may benefit from a different entity structure, please contact us!