letsgetsilly
Senior member
- Oct 27, 2002
- 397
- 0
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I think what you are doing is a great idea, and I plan on doing something similar in my area soon. Keep your pizza job and continue towards building up a customer base until it can support you.
If the whole thing fails, you will have a first entrepreneurial experience and learn something in the process. Its also something that you can put on your resume to show initiative and drive.
I would look into setting up a limited liability corporation, or something along those lines, although I'm not sure which type. If you go into a user's home and they claim that no only did you lose their "priceless" data, but you broke their monitor and exploded their furniture, you will only be liable (assuming you were working on what you were supposed to) for what your company is worth. If you are just starting out, that means your company will go down in a blaze of $40 instead of having your own personal fortune/family liable.
If you keep it as a sole proprietor, everything you own is liable in order to cover the damages.
If the whole thing fails, you will have a first entrepreneurial experience and learn something in the process. Its also something that you can put on your resume to show initiative and drive.
I would look into setting up a limited liability corporation, or something along those lines, although I'm not sure which type. If you go into a user's home and they claim that no only did you lose their "priceless" data, but you broke their monitor and exploded their furniture, you will only be liable (assuming you were working on what you were supposed to) for what your company is worth. If you are just starting out, that means your company will go down in a blaze of $40 instead of having your own personal fortune/family liable.
If you keep it as a sole proprietor, everything you own is liable in order to cover the damages.