| So I decided to setup my new company as a | | | | address also had other advantages. I can have |
| Limited Liability Company. I used the internet to | | | | someone receive packages which may require a |
| research the subject of setting up a company | | | | signature without having a hit or miss approach |
| and found what seemed to be many very good | | | | regarding delivery times. I can then pick up any |
| recommendations. One very important | | | | packages at a time that is more convenient for |
| recommendation about having your own business | | | | me. This service is not something I could have |
| is to make sure you completely separate the | | | | received from the U.S. Post Office. They have |
| business from your personal affairs. A Limited | | | | many other business services which I may utilize |
| Liability Company is only protective if you do not | | | | in the future also. Many of you may have other |
| mingle the business with your own personal | | | | options or businesses with similar services to |
| finances and assets. This means the business | | | | choose from. I would recommend just comparing |
| should be a clearly separate entity with a clear | | | | and contrasting each of them to see which one |
| paper trail of its own. Without this clear | | | | would be better for you. In my area, the UPS |
| separation, the LLC may not provide the personal | | | | Store was the best option for me. |
| liability and asset protection which is one of the | | | | What it cost me |
| main reasons for me to have this type of | | | | I chose to rent just the smallest mailbox for the |
| business structure in the first place. | | | | time being because at this point I do not have a |
| Getting a business address | | | | need for a larger one. I also wanted to keep the |
| The first thing I set out to do was to get a | | | | expenses lower. I paid $154.00 for 12 months of |
| business address which was separate from my | | | | rent for my mailbox. Simple math breaks this |
| own personal home address. (Remember that I | | | | down to around $13 dollars a month. |
| do not have a retail business or service location at | | | | This mission accomplished |
| this time so I do not have a physical business | | | | So to recap, the goal I had set out to accomplish |
| address such as a store or building) If I had an | | | | was available for $13 a month (not bad in my |
| office or other physical business address then this | | | | opinion). Number one, I was to get a physical |
| would be a no-brainer, but I don't. Often a U.S. | | | | address for my company separate from my |
| Post Office box will not suffice for many | | | | personal address (this was by far the most |
| transactions and doesn't appear to be as | | | | important). Number two, I was able to now |
| professional as a physical street address. I had | | | | receive packages and mail requiring a signature |
| read about setting up an account at my local UPS | | | | without me being present. And number three, I |
| Store which allows me to have a physical street | | | | have convenient access to many other small |
| address and not just a PO Box. | | | | business services when the need arises. |
| My approach to my business address | | | | In my next post I will go over the steps I took in |
| Using the UPS store approach for my business | | | | getting my LLC paperwork completed. |