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Do I Need an LLC or a Business License? (And What “Startup” Really Means)

Do I need an LLC? Most people who ask this question don’t realize what they’re really asking.

They’re not asking about business structure. They’re asking for permission.

Two Rules of Thumb Before You Begin

If you live in a high-regulation state like California or New York, or a city known for tight business rules — check with an attorney first. Start a relationship, not a retainer.

If your net worth is around $500,000 or more, it’s time to form an LLC or corporation and verify you have insurance on everything you do. It’s not about your business — it’s about protecting what you already have…

The skinny

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