In today’s video, I will discuss on how to set up the Profit First for your LLC and how you can use it to see a huge change in the way you run your online business. Today’s question: “Can you discuss the best practices to handle your LLC money? In other words, how much to
Today’s question comes from Florida and it basically says, “Thank you so much for all of this information. I am wanting to start my LLC as a sole proprietor in Florida. It will be an online business. I rent my home, so I do not want to use this address for the business or RA.”
Today, I’m going to share with you four things to consider when you are thinking about forming an LLC as a holding company for your online businesses. Today’s question comes from Myles. He says, “Could you create a video discussing how to set up a holding company? I have a few side hustles that generate
Are you and your business partner wondering how to pay yourself in your multi-member LLC? Today, I’m going to explain to you exactly what you need to do, the five steps you need to take to make sure that both you and your business partner can sleep better at night knowing that your LLC is
Sole Proprietor? LLC? Corporation? Which entity is right for your business? Today, I want to talk to you about the three main types of business entities that you can choose when starting your online business. This is a question that a lot of people send to me. They don’t know what to do. And they’re
In today’s video, we’re going to be talking about sole proprietorship vs LLC, and helping you decide which is best for your business. If you’re just starting your online business and you’re not sure whether a sole proprietorship is right for you or an LLC is right for you, or something else entirely, then stay
Today I’m here to talk to you about the single member LLC mistakes that I see online businesses, such as bloggers, podcasters, YouTube creators, affiliate marketers, Amazon sellers, all those people make when setting up and running their LLCs. So let’s get to it. The single member LLC is one of the most commonly used
One of the most common questions I get as an online business lawyer is how to pay yourself with an LLC. The answer is extremely simple, but it is also extremely complicated at the exact same time. What do I mean? Let’s jump into it. I’ve been dealing with online businesses for a long time
People make all sorts of mistakes with their LLCs. Today, I’m going to talk to you about some single member LLC mistakes that you should avoid. So a couple years ago, a guy calls me. I should say he had some issues. Yeah, that’s probably a nice way to say it. He had some issues.
