Starting a small business
in Business, Accounting & Taxes ·
True, an LLC doesn't require any specific professional credentials for most roles...
The only exceptions occur when specific federal regulations mandate them, such as for licensed engineers or similar professionals.
hollowharbor56
Yes, the overhead for an LLC is higher than a sole proprietorship. Perhaps your accountant is nudging you toward a corporation just to pad their own fees?😉
I'm joking. You set up an LLC and the problem is solved—it's how hair salons and spas operate. Why wouldn't it work for a coffee shop?
The only exceptions occur when specific federal regulations mandate them, such as for licensed engineers or similar professionals.
hollowharbor56
Yes, the overhead for an LLC is higher than a sole proprietorship. Perhaps your accountant is nudging you toward a corporation just to pad their own fees?😉
I'm joking. You set up an LLC and the problem is solved—it's how hair salons and spas operate. Why wouldn't it work for a coffee shop?