business license

After consideration, I've been thinking about running under an offical license. For those that do not deem themselves hobbyists, self employed, or those that fly under the radar all together. What license are you filed under? Sole prop with or without a DBA title, LlC, s or c Corp, I have some experience with an s Corp that I tried to run, that is now dissolved. Any info / insight is helpful; as to the reasons what is the best / most appropriate. I know they all have their advantages and disadvantages .

LLC is a limited liability company ( obviously ) what that is by definition is that if say you don't destruct a hard drive or bring on some damage to a company, where they feel that suing.you is the only way to go. The LLC protects your personal life. Home, vehicle and anything personal. Only the entitdees under the LLC can be suid for damages.
Quick point... say Walmart. There parking lot is Walmart parking lot LLC. The store you go into is say Walmart Boston LLC. Then there's Walmart Corporation. If you get hurt in the parking lot. You can only take Walmart parking lot to court as that is where you were and accident accured. Not saying lawyers would try to go for the big fish, but wont get far usually. Supermarkets are usually always set up this way up in the Northeast.

As a tax consultant I have set up many S-corps, LLCs and Sole Props. In working with lawyers they generally say that if you are the one doing the work and therefore responsible for any damage, you can be held personally liable. This is not legal advice, just my experience. If you have employees I recommend you look into an LLC or corporation for the liability protection. For tax purposes, the S-corp is generally better if you set it up correctly.

Thanks, guys/girls. In the past I did own and s-Corp. Saw the benefits and it was little pita as far as filing taxes every quarter. I do now have a partner. We initially want to start and run as a cleanout co. Not so much "junk removal" although it would tie in. By cleanout, I mean leaning more towards the commercial cleanouts of businesses. Eventually we would like to flip cars. Flipping cars under a license would require a dealer license. The sky us the limit as far as um concerned with which direction we could go. I thank you for your answers/ input. obviously with a partner there is a lot to consider.

We will consult a lawyer I just wanted to get a feel for what some other brothers are doing.