Advice on business type requested

This is a discussion on Advice on business type requested within the Starting a Business forum, part of the BUSINESS & FINANCE LAW category; The business is two-fold. One piece is consulting and training with local hospitals on improving pediatric and family-centered care. The ...

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Old Jun 24th, 2009, 10:32 AM   #1
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Default Advice on business type requested

The business is two-fold. One piece is consulting and training with local hospitals on improving pediatric and family-centered care. The second is a Family Enrichment Center, offering children's art & cooking class (ages 4-8yrs), developmental playgroups (birth-5 yrs) and parenting classes. Our greatest concerns are protecting our personal assets, liability, and taxes.
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Old Jun 24th, 2009, 10:38 AM   #2
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Default Re: Advice on business type requested

Two main things to consider here to protect your assets -- (1) liability insurance and (2) business entity structure (i.e. LLC, corporation). The best thing you can do is to sit down with a lawyer and discuss both of these. It would be a relatively small amount of money very well spent. If you contact WLD through their main page, you could be referred to a lawyer who handles this type of matter. Best of luck in your business! AJJ
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