Updated about 10 years ago on . Most recent reply
Woman Owned Business
My wife and I are complete newbs. Actually, I am a newb and she is a mostly-willing supporter of my newly acquired desire to be an REI. We live in Michigan. I think I am close to closing on my first deal, and assume creating an LLC would be smart. Two questions:
1. Are there any reasons NOT to create an LLC?
2. Are there any advantages to create the LLC in my wife's name so that it is a Woman-Owned Business?