If you've ever wondered whether you should operate as a sole proprietor or form an LLC, this episode is just for you! We'll dive into my own personal journey, why I avoided LLCs for so long, and ultimately, how you can make the best decision for your freelance business.
Now, I want to point out that this discussion is specifically for US-based freelancers. I wish I could cover every business entity in every country, but my knowledge is limited to what's available in the US. So, if you're based elsewhere, I apologize, and I hope you still find value in the conversation.
In this episode, we'll explore the key differences between a sole proprietor and an LLC, and how they can sometimes look and feel the same. I'll also share some recent insights I've gained to help you make a more informed decision for your business.
I truly believe that this episode will provide you with a better understanding of the advantages and disadvantages of both sole proprietorships and LLCs, ultimately helping you choose the best path for your freelance business. So, grab a cup of coffee, get comfortable, and let's dive into this (not so) exciting topic together!
In this episode you’ll discover:
For full show notes, visit https://6figurecreative.com/251
#256: Choosing The Right Services To Sell As A Freelancer | Back To Basics
#255: Marketing... WTF Is It, And Do Freelancers Even Need To Worry About It? | Back To Basics
#254: Cash Flow Management: How To Never Run Out Of Money | Back To Basics
#253: The Freelancer's Guide to Automated Budgeting | Back To Basics
#252: Choosing The Right Bank For Your Business (And Why Your Bank Probably Sucks) | Back To Basics
#250: Back To Basics: Avoiding The Common Mistakes of Self-Taught Freelancing
#249: Streamlining Your Freelance Workflow: How Mike Cervantes Manages Thousands of Projects Per Year
#248: Client Acquisition For Mastering Engineers: How To Win, Maintain, And Organize Thousands Of Clients | With Mike Cervantes Of The Foxboro
#247: The 3 Building Blocks of a Fine-Tuned Freelance Business
#246: A Freelancer's Guide to Working Smarter, Not Harder | Cracking the 80/20 Code
#245: Unleash Your Freelance Superpowers: Revolutionize Your Creative Business with the TOTS Playbook Method
#244: Unlock Your Potential: How Defying Conventional Wisdom Leads to Unprecedented Success | With Paco de Leon
#243: From Hourly to $10K: The Package Pricing Strategy That Will Revolutionize Your Freelance Business | With Brandi Mowles
#242: How To Turn Your Website Into A Lead Generation Machine | With Delia Monk
#241: Why Freelancers Need to Stop Believing These Paid Ad Myths ASAP
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#238: How One Cold Email Resulted In $60,000 Of Referral Work | With Joana Galvão
#237: The Creative Who Cracked The SEO Cheatcode (And Gets 1 Million Website Visitors Per Month) | With Jacob Cass
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