Is there any point forming an LLC before making my first sale?

I wouldn't bother until you have actual customers. Why pay fees and deal with paperwork for something that might not take off? Just my two cents.

Technically, forming an LLC early can protect your personal assets if someone sues you. But if you're not selling yet, the risk is low. It's a trade-off between cost and peace of mind.

I formed my LLC before my first sale and it helped me look more professional to suppliers. But it's not necessary for everyone.

You can always start as a sole prop and switch later. That's what I did. Saved money upfront.

Liability insurance is probably cheaper and easier than an LLC for a small craft business. Just make sure you read the policy.

Actually, an LLC doesn't protect you from everything, especially if you personally guarantee something. Insurance is often the real safety net.

I'd say if you're just testing the waters, don't overcomplicate it. Get a few sales first, then decide.

Also, some states have annual LLC fees that can add up. Check your state's requirements.

I heard that forming an LLC can help with taxes, but I'm not sure. Following this thread.

Taxes are a whole other can of worms. Consult a pro, not a forum. But yeah, LLCs can have tax benefits.

That sounds like a sensible plan. Just keep good records and separate your finances.

Good luck! Let us know how it goes.

One more thing: if you ever want to br ing on a partner, an LLC makes it easier to structure ownership. Just keep that in mind.