I thought that and went to a lawyer to create an LLC. The lawyer I went to is a member of my church, a great guy and conservative. However, he informed me that no incorporation would would protect me from a lawsuit if I personally screwed something up. An LLC, S or C corp might protect me if an employee of mine screwed something up and I had done due dilligence to prevent it.
Other than that, some other predatory lawyer can always sue you and hope for the best. Another reason it’s hard to start and run a business!
I have no employees, so I did not incorporate. He didn’t charge me.
That reminds me, I should look at the differences between a LLC and a S Corp. Many lawyers I know are LLC’s (limited liability corporations)and not Sub S Corps. I’m sure there’s a reason for that but I’m not an accountant so it’s not something I know for sure.