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Originally Posted by bondarnes I think if you get a DBA for both the corp. name and the sign name you should be legally covered. However since I have not been to Law School you might want to check with an attorney. Is there a particular reason you are going S corp instead of LLC or LPC?
edit: I just noticed that you are in Chicago so disregard my post. It only applies to TEXAS. |
Hi Don, thanx for your inputs. Yes, I am in Chicago, but my new business will be in TX. The main reason I don't do an LLC or LCP is becuase last I checked, under the requirements for those entities, the LLC or LCP needs to be included in signage, marketing, and branding. I just don't like that, I simply want to have the studio name by itself.
The other major reason for going S-Cors is because it's normally cheaper than an LLC, there is much more legal precedent for corporations than for LLC, since LLC are a relative new entity, plus the protections are about the same with the same pass through income for the S-corp. I don't really care about the only US citizens can be stock holders and only up to 75 stock holders in the S-corp and such because I don't intend to offer ownership of the company to anyone else outside of my immidiate family.
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Originally Posted by ronocnikral i was watching a video from kelby with that IP lawyer the other day. the first thing out of the lawyer's mouth was about how when photographers have a legal issue, they go and ask other photographers.
if you're bleeding to death, who are you going to ask for help, photographers on a forum or a medical professional (same example used by described lawyer above).
I would suggest what don said, less the question mark. Ask an attorney. |
I understand, and when I go file the articles of incorporation, I will be working through an attorney, but my time line for all of this to happen is still about 2 months away. It's simply a question that popped into my head and I wanted to know. I simply figured that with how active this forum is, I couldn't be the 1st one to run against this idea or question. You are stretching a bit assuming that I am ONLY going to take the advise on a forum, specially without knowing me.