About the Business

Coco's Closet is a Sole Proprietorship located in the Sequoyah Hills area in Knoxville, TN. A business license here typically cost $99 for county and city. Insurance with liabilities and workers compensations would cost roughly $2,500.

Coco's Closet is a Sole Proprietorship because there are no fees or registration requirements and no payroll set up. If my business goes down it is on me. Eventually I may want to become an LLC. LLC's get personal protections from these liabilities and the LLC itself. Along with other benefits you have the ability to deduct 100% of health insurance premiums paid.