Name chosen not looking good for me as an LLC. I'm needing to get permission from the other "party".

Moderators: carlson1, Crossfire
Munson wrote:I was advised by my lawyer that LLC's only apply if you have employee's. Short of employee's, it does absolutely nothing. He used the bread truck example...must be something they teach in law school. I asked him about protection if a student shoots another student and once again he said it would do nothing. More than likely they will go after the student that shot him. If they do go after you, it will all come down to testimony of those students present and also past classes as to what type of environment you set on the range. Assuming you have done everything possible to mitigate it, that all you can do. Insurance will cover everything that you need to get by, and you need that anyways even with an LLC. Just my .02
What kind of law does he practice? I've got 99 reasons my business is an LLC but a bread truck aint one.Munson wrote:I was advised by my lawyer that LLC's only apply if you have employee's. Short of employee's, it does absolutely nothing. He used the bread truck example...must be something they teach in law school.
Forming an LLC in Texas is less work than registering a motor vehicle purchased in a private sale out of state. If you're looking for ulterior motives, ask yourself who you would call if you got sued as a sole proprietor.switch wrote:Remember your lawyer is going to charge you to set up your LLC. There might be a conflict of interest. :)