What is the difference between a DBA and an LLC in Texas?
Learn the differences between DBA and LLC in Texas, and decide which business structure is best for your needs.
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What is a DBA in Texas?
A DBA (Doing Business As) is a business name that is registered with the state, allowing you to operate under a name other than your personal name.
What are the benefits of a DBA in Texas?
A DBA is a relatively inexpensive and easy process, making it a popular choice for small businesses and entrepreneurs.
What are the drawbacks of a DBA in Texas?
While a DBA provides some level of liability protection, it does not offer the same level of protection as an LLC. Your personal assets are still at risk if your business is sued.
What is an LLC in Texas?
An LLC (Limited Liability Company) is a separate legal entity that offers limited liability protection to its owners, known as members.
What are the benefits of an LLC in Texas?
An LLC offers more comprehensive liability protection, as well as flexibility in terms of ownership and management. It also provides tax benefits.
What are the drawbacks of an LLC in Texas?
An LLC can be more complex and expensive to set up and maintain than a DBA.
Which is best for my business?
If you're looking for a simple and inexpensive way to operate under a business name, a DBA might be a good choice. However, if you're looking for more comprehensive liability protection and flexibility, an LLC is likely the better option.
How do I choose the right business structure for my needs?
In this article, we'll dive deeper into the differences between DBAs and LLCs in Texas, including the pros and cons of each. We'll also provide guidance on how to choose the right business structure for your needs.