How to Pay Yourself in Your Single Member LLC (updated for 2019)

HOW TO PAY YOURSELF IN A SINGLE MEMBER LLC (New and Updated for 2019) A couple of years ago I published a video on how to pay yourself in a single member LLC – and this became one of my most popular videos on the channel. This week I thought I would kick off a […]

Forming an LLC for Your Online Business?

Forming An LLC for Your Online Business // If you are starting an online business, forming an LLC is one of the first things you need to do. Before you start a website, before you file a trademark, before you start selling products… you need to form an LLC. Why is forming an LLC so […]

Sole Proprietorship vs LLC – Which Should You Choose?

Sole Proprietorship vs LLC – How Do You Decide? When you are starting out with your online business, it is easy to start off as a sole proprietorship, and this might even be the right decision for your venture. But when deciding between forming an LLC vs sole proprietorship, there are 5 main factors that […]

Why a Sole Proprietorship Might Be a Shrewd Business Move

WHY A SOLE PROPRIETORSHIP MIGHT BE A SHREWD BUSINESS MOVE If you are starting a new online business, and are wondering whether you can just operate as a sole proprietorship – today’s video will help you understand why a sole proprietorship business has numerous benefits, especially for an online venture that is just starting out. […]

Should You Incorporate Your Online Business?

incorporate your 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?

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 […]

How to Pay Yourself in a Single Member LLC

how to pay yourself

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 […]

Forming a Single Member LLC? Read this first…

Single Member LLC

If you have started an online business (or are thinking about starting an online business), then chances are that you have also looked into how to create a single member LLC. What is a single member LLC? A “single member LLC”, is simply an LLC where you are the one and only owner (or member) […]