How much income does it take for a hot dog slingers to hire an accountant and an attorney. Let's see a show of hands. How many of you slingers have an accountant and an attorney on your payroll? What a laugh, hilarious, ha, ha ha! This place is as funny a Martin and Lewis . Maybe even as funny as Abbott and Costello. Possibly as funny as Laurel and Hardy.
I couldn't find anything posted here about having an attorney/accountant on your payroll, I did suggest that these questions be directed at one or the other, big difference.
I have an accountant, he does my business and personal stuff, once a year, but if I have an accounting question during the year, I can call and ask.
Same goes with an attorney, pick up the phone, tell them that you need A,B,C, they do it, you pay, pretty simple stuff.
So if you have a 72 Nova, a $700 cart and rent a $500 a month apartment, a Sole Prop might be ok, but if you own a home and have other assets, you better have some sort of protection.
Another thing, how many of you have Commercial Liability insurance on your vehicle? Get in an accident pulling that dog cart, good luck getting your carrier to cover you.