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Stupid Liability

I talked with several people today about my new business with Veloso, and they all said I should form a Corporation or an LLC. The only reason I should do this is to protect myself from lawsuits. What a pain. I have to form a corporation just to protect myself against someone slipping on soap in the shower. Then after I form the corporation I have to adhere to a strict set of rules and schedules or I can be fined or jailed!

At any rate I did learn a lot about forming your own corporation. In Texas you need $300 just to file the Articles of incorporation. In Delaware it is only $50.

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