Thread: Need start up advice.
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Old July 15th, 2008 -   #5 (permalink)
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Default Re: Need start up advice.
Quote:
Originally Posted by TeamFam
Now I have a partner that will be working with me on this, do I still need the EIN #?
In that case, you need to very carefully draw up a partnership contract and get in enacted by signing it in front of a notary or, preferably, your attorney. The partnership will have joint ownership of the company according to the terms you set forth.

Definitely form an LLC, and the LLC will file for the EIN number, business licenses, etc... everything will be in the name of the LLC instead of your personal name, and you will have part ownership of the LLC.
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