Did you form an LLC?
by Ann Yoshikawa on Thu Oct 29, 2009 8:29 pm

I'm wondering how many network marketers, especially those who sell nutritional products, formed an LLC (or other entity). If so, did you form it for the tax benefits or for liability coverage? Do you only need the liability coverage if your doing nutritional consulting? Have you heard of distributors being sued before?

Thanks for any input!

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Re: Did you form an LLC?
by Chris Brown on Fri Oct 30, 2009 5:19 pm

Yes LLC is smart if you go to an account they will try to save you money. An attorney will try to protect you, you need both protection and savings.

I was attempted to be suied because I my distributor did not make money it never went anywhere It only happened once yet how many times have you used you insurance you have just in case.

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Tired Of Making Little or No Money In MLM: I use a strategy that is not taught in MLM to recruit 87 people 6 in hours and hit 1 of the top levels in my company.