What type of business do I need to run a flower delivery company from home?
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What type of business do I need to run a flower delivery company from home?
Asked on October 1, 2014 under Business Law, Georgia
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
You don't "need" any particular kind of business: you could run it as a sole proprietorship, a limited liability company (LLC), or a corporation. However, you are strongly advised to set up an LLC or corporation--and for your purposes, an LLC is probably better--and run the business through it. Having an LLC or corporation will help protect your personal assets from any company debts or liability, and conversely protect the company/business from personal debts or liability. It will also make it easier to take business expenses as tax deductions, since it will make it easier to segregage and track which expenses are business and which are personal.
You also need to check local zoning law: *can* you run a business like this from your home in your town or municipality? And make sure to get ample insurance to protect your business and yourself; and also, you will likely need to inform your home insurer that you are running a business from it, to avoid violating the terms of your insurance policy through nondisclosure of a change in the risk or liability.
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