Discovering the difference between sole proprietor and LLC
I have to start thinking about registering the fashion designer business as a sole proprietor or LLC. I was leaning to sole proprietor, but I want to be taken seriously. After some research, I have decided to register as an LLC. I want to stray away from investors at the moment, but registering as an LLC keeps my personal assets safe and it allows me to tell others that Fresh Seams is here to stay.
Although more paperwork and money may be involve with a LLC, it speaks volume in regards to the longevity of the business. You can’t really replace that. Independent fashion designers will have a place to call home, Fresh Seams.
Founder of FreshSeams.com