I am starting a small mowing business. I have my company name registered, and I will have a partner.
i need to decide if i should go LLC, or LLP. i know the LL will shield my personal assets incase of anything on the business side, and a Partnership will shield us from each other somewhat. the things i'm really wondering about are taxes.
will one type save/help us more than another?
any other benefits from one to another?
is there anything else to consider that i'm missing?
Also, i have seen soo many trucks that are used for business, but don't have commercial tags. i plan on also using the truck as a family vehicle and work truck half the year.
is it strictly enforced, or could i get away with just regular tags on the truck and trailer tags?
do i really need a solicitors license to go door to door?
does it give me any benefit to have one, or is it just extra money for Uncle Sam for the privlige to do so?
i probably know the answer to most of these questions, just looking for personal experience, possible ways to be more cost efficient while remaining legit.
thoughts/experience/advise are all welcome
J.R.