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About John A. Troland
Expertise
I am a professional accountant, small business consultant and business plan writer with 43 years experience ( I am also listed on allexperts website as a volunteer in the category of Writing Business Plans).I can answer questions on what needs to be done to start a small business; forms of legal organization;financing for the business; need for a business plan; questions related to the purchase of a business; risks and rewards of owning a small business; marketing and promotion questions and questions concerning bookkeeping, accounting and tax considerations when starting a small business

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numerous clients over 43 years in retail, wholesale, service and the
manufacturing sectors

 
   

You are here:  Experts > Business > Small Business: Canada > Starting a Small Business > Starting a small consulting business in CA

Starting a Small Business - Starting a small consulting business in CA


Expert: John A. Troland - 11/4/2009

Question
Hello! I am starting a marketing & consulting business and have read so many articles on how to form the business that my head is spinning. Initially, I will be the only one providing services but in the future will have to pay freelancers.  I will be working from my home office. I am leaning towards a llc but don't know if I should wait until my business grows. I would appreciate any advice you can give me.  Thanks so much!

Answer
Lakesha: With lightning speed ( just got your A.E. ? as I was closing up shop this evening) I would suggest with my 45 years of small business consulting and business plan writing experience that you DO/YES setup the LLC NOW!!!  Why?  Two reasons: 1) Having an "LLC" adds much credibility to any small business name ESPECIALLY when you first open your business and in the early going as well. Secondly generally ( I am in CT) setting up an LLC is very inexpensive - here in CT thge few is $60.00 and only a one page application form must be submitted.  Also by setting up the LLC NOW you basically prevent someone else from using the same name for an LLC perhaps while you might be operating your business as a sole propreitorship say a Lakesha's Marketing & Consulting.

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