I am a composer of music and am starting a company with a partner in which we provide original music and audio post production for film, television and commercials. For several reasons I wish to avoid incorporating or forming ownership of the business at this time and hope that we can work as sole proprietors under a fictitious name. The main reason for this is that the fair percentages of ownership between the two of us is hard to determine until we get a few jobs and see how our roles in the business will play out. My question: is this a legally unwise decision to operate in this business of music licensing and composition without the protection of limited liability?
Any help would be much appreciated. Thanks.
Any help would be much appreciated. Thanks.
