LLCs: Do You Need One? And When?

“What is an LLC and should I be one?” This is one of the most common questions that I receive as a small business attorney. This week we’re bringing back one of our most popular early episodes to lay out the facts about Limited Liability Companies (LLCs). 

What are they? Do you want to be one? And if so, when should you file? 

In this episode, we’ll cover: 

  • The definition of an LLC 
  • Why you don’t want to be personally liable for the debts of your company 
  • The difference between an LLC and a sole proprietor 
  • What is an S-Corp? 
  • How to file for and maintain an LLC

Ready to take a plunge and start your new business? Book a 30-minute consultation with me to start your business off right!

Ready to take a plunge and start your new business? Take a screenshot of this episode, add it to your Instagram Stories, tag @andreasagerlaw and @legalpreneur, tell us what was helpful from this episode and let me know!

Links: 

Instagram 

Website 

Facebook

Twitter 

TikTok 

Disclaimer: 

The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2021

—- 

Other Related Episodes

Episode 207 Miss Jordan Soul Activator

Miss Jordan’s mission is to awaken you to understand deeply who you are and to help you express your essence. It isn’t about becoming, you already have everything inside of you. She is here to connect you to the highest version of yourself led by the truth of your soul. Are you ready for the journey?

LISTEN NOW
Episode 206: Social Media Highlight Reels Realities

If you catch yourself feeling some kind of way when you are watching other’s social media, it’s important to remember that these are their highlight reels. It is not a realistic look at their life and work because it’s not the full story. So don’t compare where you are on your path to others.

LISTEN NOW
Episode 205: Millionaire Girl's Club with Jill Stanton

Jill Stanton has been building businesses since 2012. She and her husband created Screw the Nine to Five which has become Wealthy Course Creator. Throughout her journey she has always had a concept to create a space for women that are smart as f*** and driven but she held back. Until now! Listen to her talk about her journey, her businesses and her amazing club for women that are looking to connect with other women to talk business, strategy, and life.

LISTEN NOW