I have been reading threads for 7 hrs now learning a lot. I should be licensed in 40 days for a family daycare. I'm confused about being an llc or sole proprietorship. I will have daycare insurance with a $2,000,000 aggregate. I thought that insurance would be enough, but someone said what if they sue you for $5,000,000, then what. I don't know.

I was going to do just sole proprietorship, but now I'm thinking about what the insurance man said and with the economy so bad right now, (some people will want to try to sue for anything), maybe I should go to a llc.

I am racking my brains right now, researching everything about it.

Also, I didn't read anything yet if I need to register my daycare name. It's a fictitious name, so dba ..... any help would be appreciated.

I am ready for the state to come in, just would like to do these last minute details..

Thank you.

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