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One of the top questions I get asked in my one to one consultations as a tax accountant for creative entrepreneurs is: Do I need an LLC?
Today, I’m diving into LLC’s and explaining from an accounting perspective the details of why entrepreneurs might consider changing their business status to an LLC and the benefits that come along with it.
Join me in this episode to learn more about LLC’s and why having one doesn’t define your business status.
Also mentioned in today’s episode:
Single member and multi member LLC’s 3:17
What is an LLC and what does it do 12:13
Liability protection 14:50
The importance of having a separate business bank account 20:46
The next steps to take after having an LLC 23:08
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