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Online Selling & LLC’s
moremoney
subscriber Posts: 4
If I sell something on Ebay, and it sells well, should I get a LLC? My products could injure someone if used the wrong way or if a child were to get a hold of them. I only market to adults but who knows where the products end up after my shipment arrives at the destination. When or how does a person decide to take the next step about LLC`s? I constantly hear ads on the radio for incorporating or forming a LLC. Dave
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If your products could potentially hurt somebody, you definitely want to take steps to protect yourself from liability. A good insurance policy wouldn`t be a bad idea either.
There are several routes to forming an LLC: contact a lawyer, figure out how to do it yourself by visiting your state`s website, or use one of the online services like legalzoom.com or mycorporation.com.