[Hidden-tech] LLC questions

Christine Pilch CPilch at YourBrandPartnership.com
Wed Jan 31 14:35:10 EST 2007


The below link is to an article that may offer a little guidance with your
decision. It discusses advantages of entity type, but not all the specifics
that you have posed below.

http://www.bacon-wilson.com/PDF/9-6-05EntityType.pdf


Best regards,
C
 
Christine Pilch
www.YourBrandPartnership.com
CPilch at YourBrandPartnership.com
68 Dugan Road
Ware, MA 01082
413-967-4433 (o)
413-537-2474 (c)


-----Original Message-----
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[mailto:hidden-discuss-bounces at lists.hidden-tech.net] On Behalf Of Charlie
Heath
Sent: Wednesday, January 31, 2007 11:29 AM
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Subject: [Hidden-tech] LLC questions

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I may need to incorporate, would appreciate insights.

What's the lead time for forming an LLC or S Corp.  If I incorporate, it
will be in anticipation of a contract job; I've been using DBA but the
contract is big enough that I'd like to incorporate. But I won't be offered
a contract until days before I'm expected to sign.  Can I initiate a
contract using the incorporated name prior to receiving confirming paperwork
from the state?

I've been a partner in a subchapter S corp before but that was prior to LLC.
It sounds like LLC is simpler, but in Mass, S corp fees are lower.  I guess
this has been hashed out here before, but is there any reason for a fairly
simple sole proprietor to look closely at the details rather than just going
LLC?

Thanks much.

Charlie Heath
Blue Herring Consulting
http://blueherring.net 

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