Hi, my spouse is planning to start a home business. It’s a consultation business and the clients have to visit. If the business address is the home address, does it affect any house liabilities or liens etc., or should we register the business as P.O. box
Yes. Most home/renter insurance doesn’t cover business visitors. Many counties and cities require business licenses. There could be local zoning or HOA rules that prohibit home businesses with visitors. If clients have to visit, it doesn’t matter if you use a PO Box. The insurance companies and governments want to know where the business is actually conducted.
Ideally you should have a dedicated space just for the business. This is mostly for tax purposes. Yes the business should have a PO.