You may be passionate about your hobby of dog walking and see potential to turn it into a business. You may also receive interest from your local community. It's a great idea to turn your passion into something that can support you financially, but you must first consider the practical aspects of starting a business to ensure that it has a bright future.
Ah, the freelance life -- showing up for work in your pajamas, carving out your own work schedule, low overhead -- you're living the dream.
If you are considering starting a business in the state of Pennsylvania, you should think about forming an LLC from the beginning. Doing so gets a lot of paperwork out of the way and provides you with a handful of tax advantages. Having your business listed as an LLC also protects the owner's personal liabilities should the company ever face a lawsuit. Here's how you form an LLC in Pennsylvania.