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Do I need an EIN? LLC or Sole Proprietorship?

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Genium

Bronze Contributor
LEGACY MEMBER
Joined
Jan 6, 2013
Messages
339
Hello,

I have a new product I am going to be having manufactured, then sold via online and supplying to businesses.

Do I need an EIN? I have looked at the checklist for getting one, and I do not fall under those, but I see a lot of people getting them.

Also, do I need to register as an LLC or can I just register a DBA as a sole proprietor?

Just asking for personal experiences/opinions.

Thank you!

- Tyrel
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circl, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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