Monday, January 14, 2008
Virginia business formation
Thinking about starting a new business in Virginia ? There are a lot of things to consider. The very first step of starting a business is deciding on what legal structure you are going to use for your business. In today's lawsuit crazed world, you will be placing yourself totally at risk if you do not use a Virginia corporation or Virginia LLC (limited liability company). If you need help creating a Virginia llc then look no further. The biggest advantage of operating your business through a Virginia corporation or LLC is that you can protect your personal assets from being lost due to your business activity. A business that is not incorporated or formed as an a limited liability company is an easy target because you, as the owner, can be sued for everything you own. And this day and age it doesn't matter if you are wrong or right, it just matters what the judge decides so protecting yourself from being sued with only a 50 percent chance of winning is the safe bet.