Posted by Jerry Stuckle on 08/06/06 21:36

Balazs Wellisch wrote:
> "Jeff Johns" <phpfunk@gmail.com> wrote in message
> news:1136260886.568188.261850@g44g2000cwa.googlegroups.com...
>
>>I would say get yourself a business license (it is pretty cheap) and
>>just start out on your own. It is a perfect time to do so. You don't
>>have much to lose. Even if you are doing freelance you are going to
>>want a business license. It will legally protect you personally from
>>law suits. Just some advice that might save you in the future.
>>
>
>
> I don't think that's true. The only only entity that offers legal protection
> from lawsuits is a corporation, as far as I know. Unless that's what you
> meant.
>
> Balazs
>
>

Yes, corporations or LLC's will protect you. A business license will not.

But even corporations provide limited protection. According to an
attorney I respect highly, piercing the corporate veil is one of the
easiest things to do to a small corporation.

--
==================
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Jerry Stuckle
JDS Computer Training Corp.
jstucklex@attglobal.net
==================

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