We have been planning a room in SoCal for a while and the time is getting close to pull the trigger and do it.
We have decided to try and get a liquor license. California does a sort of pull your name out of a hat deal once a year and we will be one of the names in the hat.
My question is: what business structure would be best to protect the business owner(s) personal assets from the liability associated with selling liquor.
I realize insurance for the liability will be a must.
We have decided to try and get a liquor license. California does a sort of pull your name out of a hat deal once a year and we will be one of the names in the hat.
My question is: what business structure would be best to protect the business owner(s) personal assets from the liability associated with selling liquor.
I realize insurance for the liability will be a must.