Why You Don't Need AN LLC to Start Your Business & Influencer Tax Myths with
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- Опубліковано 28 січ 2023
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One perk of an LLC is that it keeps your personal assets separate from your business assets should you be sued.
That's worth the investment in my opinion
I thought that was s corp
Fck yes! All these tax people mentioning open an LLC get it twisted like everyone is gonna sue you. 1st time watching your videos but I’m gonna binge. Appreciate the free value. Please continue to drop these videos for beginner content creators. We need this. See you at the top 💪
YALL THEY R SPEAKING FACTS esp if u live in a state like california where its 800 here 270 there YEARLY just to have an llc for the year!!!! i am being so much more intentional after my FIRST business didn't even go live because i set everything up and realized after paying for a lawyer - another 700 dollars haha - that my trademark had too many conflicts with people of similar businesses!!!! Things u learn along the way but i really appreciate this refreshing perspective and hope the word gets out more... all my business conferences told me to get an llc before i even had my business idea, or a following, or money coming in... haha wishing everyone success! truly :)
A LLC is important of u have potential liability. Don’t start a food service business without an entity insulating u from potential claims. If ur not infringing on copyrights, then there is minimal liability in the t-shirt business, so move accordingly.
Thank you Hustle you really are a man for the people! Don't change! And this video was on time perfectly!
Thank goodness yall know each other and doing the video I been needing this info as I was thinking about yall popped up 🙌
I wish I would have known this before... I just got my LLC less than a month ago in WY!! Lol...🤦♀️ could've that $400 towards a heat press!
I got a DBA instead because you don’t need a llc for what we are doing.
Please don’t forget you have to pay $400-$800 A Year Anually to either The Secretary Of State or Franchise Tax Board. Or it will double/fees/fines
Thanks for the content! Really motivating
Great video fellas.... grateful 🙌🙌🙌
Very informative! Thanks Rich and Tyrone for the knowledge shared.
Good video brotha !
thank you for this!
SO MANY GEMS!!!💯💛
Why you don't need a LLC to start, more in depth: ua-cam.com/video/8OwEsPbRJZk/v-deo.html
Great video
Why wouldn't you want to have established business credit with an Ein vs personal credit though?
Classic!
Bro you pure inspiration to the people!
Trying! Let's run it up this year!
Okay cool because I keep getting told that I need one before I sell anything. It makes no sense to me
He the man for sure. Good stuff guys
If you go llc, then go a step further and go s corp. Youll be allowed a lower tax rate.
Bro what if you work for a POD print on demand or for Ebay.. how is it that you can get sued.. when you work for these companies without a llc?
should i get my brands name trademarked?
What about if you tryna protect your business?!
What about a DBA
What if you pay money to the govt every month for a child ? Is it best to get an LLC
but what if you have a unique name, wouldnt you want to secure an llc and trademark for it?
If you really believe in it, sure, but chances in someone stealing it before you prove it’s proof of concept is very unlikely.
Just get a DBA
Why not start a llc in delaware or wyoming?
Please Don't... unless you live there.
@@TheSelfEmployedTaxGuy and if i am from europe?
@@straightcheeks4756 Well I you are not a U.S. citizen it doesn't matter.
The point of the LLC vs your credit is the fact that the bank won't give you $250k besides a mortgage or student loan lol
They’ll give it to you if you have the income and credit history
@@HustleNinjas Yea! Those videos target people that normally don’t have the income to back a personal loan of even 10k 😂 so yea if u got good credit but no $$ get the LLC
A lot of places like Bella Canvas require a EIN # and other places require a resale license # to actually buy wholesale.
And you can get both without an LLC.
@@TheSelfEmployedTaxGuyhow is that?
@@jefelaflare3082 Easy... apply as a sole proprietor
I was just thinking this too! You can’t buy blanks or sign up for a wholesalers without a license number or EIN
Thanks for the game that really helped me. I just followed on IG 💯
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