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rdbradleyjr

Should a Tournament Trail be an LLC?

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Hello,

Next season will be the inaugural season of the Georgia Bass Trail.  We have had fantastic response to the trail and I am wondering if it would be any benefit to forming an LLC for the trail.  I hope that someone has some experience with this an can provide me with some information.  Thank you in advance.

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If I was starting what is essentially a sports club, I would make it a non-profit vs an LLC, but it really depends on the specifics of what you are trying to accomplish. In any case, a solid way of organizing the enterprise in order to show accountability and limit liability is a good idea. 

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The club I was in was a non-profit.  You might want to talk to a lawyer.

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