5 Common Mistakes Online Entrepreneurs Make Setting Up Their LLC’s
Whether you are a blogger, podcaster, YouTuber, day-trader, or have an affiliate marketing business, if you are running any type of online business then chances are you have considered starting an LLC, otherwise known as a Limited Liability Company. An LLC is one of the most popular types of business entities to form, in large […]
The 5 Biggest Mistakes Multi-Member LLC’s Make When Paying Themselves!
HOW TO PAY YOURSELF IN A MULTI-MEMBER LLC – 5 BIGGEST MISTAKES! This is a companion to my other video on how to pay yourself in a Single Member LLC. With a Multi-Member LLC, things get a bit more complicated. In this video I share with you 5 major things you need to look out […]
Starting a Single Member LLC? 4 Common Mistakes You Should Avoid…
STARTING A SINGLE MEMBER LLC? 4 MISTAKES TO AVOID! If you are just starting a single member LLC, there are numerous ways you can make mistakes. Everything from failing to draft a single member LLC operating agreement, to filing an S corp too soon, to not withholding enough for taxes… there are so many ways […]
LLC’s vs. S-Corps: Everything You Need to Know
An LLC or “Limited Liability Company” is a type of legal entity that can be used to provide you with legal protection in the event your business gets sued. An S-Corporation is a tax election that can be used to tell the IRS that you want to be taxed a certain way. An S-Corporation is […]
Should You Incorporate Your Online Business?
This is one of the most common questions that lawyers get when talking to entrepreneurs. “Should I Incorporate My Business?” For many bricks and mortar businesses, the answer is an undeniable and resounding “yes”. Before an entrepreneur starts signing leases and opening bank accounts, they want to make sure that all of their legal paperwork […]
Do I Really Need a Website Legal Disclaimer?
A website legal disclaimer is an important legal document that is frequently forgotten and often overlooked by many bloggers, coaches, marketers and other online e-sellers. But make no mistake, if you are running an online business than you need legal disclaimer just as much as you need a privacy policy and website terms of service. […]
Why Terms and Conditions for Websites Are So Important
What’s the big deal? Why do I need to concern myself with terms and conditions for my website? This is a common question I get asked by many online entrepreneurs. I mean, I get it. You are just building your business, you are still doing a lot of freelancing and consulting on the side to […]
The Ultimate Guide to Legal Contracts for Your Online Business
You’ve taken the plunge and started your online business. You are super excited and can’t wait to get things rolling. Building sales funnels. Writing blog posts. Running Facebook ads. Recording your first podcast episodes. Getting your first paying clients. But there’s only one thing you’ve forgotten… How to make sure you aren’t breaking any laws […]
How to Pay Yourself in a Single Member LLC
One of the biggest questions I hear from Solopreneurs is how should they pay themselves? If you are operating a single member LLC, as many of you are, paying yourself is one of the easiest things to do (but at the same time one of the most complicated aspects to owning your own business). There […]
