Re: Online businesses......
Thank you for the info, that is good to know. I have spoken to an accountant and lawyer (friends) and they both recommended the LLC, but I wanted to find out what other people did. I also found out too that because I'm going to making the product, they said I absolutely must get general liability insurance too in case something happens to a baby/child wearing the product (i.e. choking, etc). Just having a disclaimer doesn't protect you. If you don't have good liability insurance, someone could sue you and take your personal assets. That gave me a good scare. Just because you are a small business, you still have to protect yourself.
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