California is home to nearly forty million people and two of the three largest urban economies—the Los Angeles and San Francisco areas—in the entire U.S. If you plan to launch a business, you certainly have plenty of opportunities in the Golden State—but there are a few things that any aspiring entrepreneur needs to know before they open their doors to the public.
Starting a business in California involves more than just setting up a shingle that bears your company’s name. You will need to file papers with the relevant governmental entities that oversee business operations in the state. This will require you to make decisions at the outset about the legal classification of your business. In order to make the correct decisions, you need to learn the differences between a California DBA and an LLC. These are essentially two distinct types of legal statuses, each with its own advantages and disadvantages. Selecting the right option can save you a lot of time, money, and hassle in the long run.
Because this topic often confuses would-be business owners, FastFilings has prepared a brief infographic that offers an easy-to-follow overview of the differences between a DBA and an LLC. Scroll down to view our infographic, and feel free to contact us with your questions.