Episode 134: Business Structures Explained - S Corp vs. LLC vs. Sole Proprietorship

WW 134 Business Structures Explained - S Corp vs. LLC vs. Sole Prop

WW 134: Business Structures Explained - S Corp vs. LLC vs. Sole Proprietorship - Soloshow

Should you set up an LLC or an S Corp? What’s a Sole Proprietor? These terms can be a little confusing when you’re starting your business, so in this episode we’ll break down those terms, what the differences is are, and talk about the benefits and downsides of each one. Hopefully you’ll be sure of what you need when you finish listening! Loving this episode? Take a screenshot and share it on Instagram! Tag me so I can send you some love (@Tess_Wicks)

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Resources FROM THIS EPISODE

  1. Recommended listen: Episode 128: Do You Need a Business Bank Account?

  2. Read the Steps to Form an LLC

  3. EIN Assistant

  4. Check out How to Pay Yourself Based on Business Structure

OTHER GREAT Resources

  1. Calculate your specific, purpose-driven goals: Download the Easy Profit Roadmap

  2. Get on the Guest List for the Payday Party Workshop (next one takes place the 1st week of January 2020!)

  3. Read the blog post on How to Start a Podcast on the Cheap

  4. Use code “BLACKFRIDAY19” to get 40% off the Invested program.

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