#69: Should I create an LLC/S-corp/B-corp/other/nothing? Part 2

Season #1

Episode 69: Should I create an LLC/S-corp/B-corp/other/nothing? Part 2

Join Josh and Amelie to continue discussing business entities!

Top takeaways:

  1. For most coaches who are part-time and making less than $10k annually, an LLC or S-corp is PROBABLY overkill but depends on many things including how many assets you have to protect.
  2. Hiring employees should be an automatic trigger for entity creation.
  3. There are certain things you can write off as a C-Corp that you can’t as other structures.
  4. You CAN use something like Legal Zoom, but…it’s only as good as the user. Plus they take 0 responsibility for the documents created.

Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey: