All of the business owners, entrepreneurs, girl bosses, startups, boutiques, course creators, freelancers, and gig workers with LLCs — this episode is for you.
Treat 👏🏽 your 👏🏽 business 👏🏽 like 👏🏽 a 👏🏽 business.
Too many entrepreneurs form businesses without fully understanding the implications of selecting an LLC.
You chose an LLC because you saw somebody else do it but have you considered the tax impact of that? What about if you want to sell and be acquired later?
Did you know that you can STILL be sued even if you have an LLC?
Listen to this episode for how to check if you can be sued and what to do about it.
Key takeaways from this episode:
- Even if you have an LLC, you can STILL be sued
- Be careful about who you take financial advice from
- Operate your business like a business
Originally published at https://www.nikkwinstoncpa.com on December 3, 2020.