Are You Required to Take a Salary from Your LLC?
Today I want to talk to you about how we’re going to get money from your LLC into your personal bank account and if you are required to take salary from your LLC. Like I said, I want to talk to you about how we get money from your LLC or your corporation or whatever […]
How to Form a Single Member LLC
Today, I want to talk to you about how exactly you form a single member LLC. This is a question that I’ve gotten from a lot of different people, and it’s actually an easier process than you would think, but it’s also fraught with peril if you do it the incorrect way. Now, first of […]
What is an LLC? 5 Things You Need to Know before starting a business as a Limited Liability Company
Today I’m going to teach you the 5 things that you need to know before starting a business as an LLC. This will help you decide whether or not an LLC is the right entity choice for your business. Let’s do this. #1 – Where Did LLCs Come From Anyway? Number one, let’s start with […]
Starting an LLC: You Need an Operating Agreement
So you are starting an LLC, and somebody told you that you need an operating agreement. What goes into that? That’s what we’re going to talk about today. What I want to talk to you about is your operating agreement. By the way, if you’re not sure what an operating agreement is or what it […]
LLC NOT REQUIRED (To Start Your Online Business)
Forming an LLC is not required to start your online business. Today I’m going to be sharing with you the five main reasons you should not be starting an LLC for your online business just yet. Listen, a lot of you out there want to get your legal house in order. You want to […]
Starting a Single Member LLC? 4 Mistakes to Avoid!
If you are starting your LLC, then here are 4 common mistakes that people do that you should avoid! Some of the most popular videos I’ve done have been about the multiple mistakes that people make when forming their single member LLCs. So let me know if you can relate to this. Life is good. […]
How to Set Up Profit First for Your LLC
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 […]
Starting an LLC? What Address Should You Use for Your Online Business?
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.” […]
Thinking About Forming an LLC as a Holding Company?
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 […]