Quote:
Originally Posted by Slava
It also depends on what kind of liability you're talking about. Just because you're incorporated doesn't absolve you of everything and the protection is certainly not what it once was. I think that in many cases the decision to incorporate comes down to deferring taxes and building up cash in the corporation, or planning opportunities that are possible with a corporation in a similar vein.
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Yeah I was looking into getting product liability insurance (wondering if you know a bit about this Slava?) in case something does go south. Very very unlikely but I guess you never know.
She is definitely quite small now so seems like sole proprietorship is probably the best option for now.