Many retirees want to use their knowledge and experience after retirement, but on their own terms. This can be accomplished by acting as a consultant for either individuals or companies. In some cases, the company you retired from would still like access to your expertise.
How do I protect my personal assets?
If you are considering the investment of time, energy, and money that goes into a new business, it is important to take the proper steps to protect your investment and to protect the personal assets you have worked your entire life to earn.
For consultant companies, this protection can be provided by forming an Ohio LLC.
What is LLC?
LLC stands for Limited Liability Company and indicates how liability is limited to the assets of the business. Ohio business law allows owners to insulate their personal assets from the assets of a business.
For all new businesses, I offer a free initial consultation. In that meeting, we will discuss your goals and the steps that must be taken to achieve those goals. In the first meeting, we will also discuss the fixed fees for services. To get started, feel free to contact my office and schedule an appointment.
Here is a link to download an Ohio Business Checklist.
Elliott Stapleton Attorney with CMRS Law