Excellent video. Tax matters aside, I formed an LLC to protect my personal assets if my business gets sued. Your personal assets are at risk if you are a sole proprietor and your business gets sued. That's something to consider.
@RedEyeOf Jupiter it can impact your personal credit and affect you for years to come. Depending on if/what you get sued for and how much they are demanding.
@@OutdoorsyVibe If that is true in California, the old saying about Cal being the land of fruits and nuts is accurate. No offense to you Nick. To my knowledge, anyone can be sued by anyone else, anywhere in the good old USA.
@@eruston exactly. Indoctrination and enslavement (being indebted so u always have yo work and working all your life, but having nothing to show for it)
Schools dont want people to work for themselves and make money. Schools are designed to dumb people down and send them off to the factories because factories need people who dont have options. If everyone was taught how to set themselves up for success with their own business there wouldnt be employees anywhere.
I formed an LLC for 1 big reason - to separate my personal finances from my business's finances, because it the event of my business being sued I want to save my savings. The way you wrote down where exactly the savings may come from for an LLC was very helpful, and I am even more convinced now that it was the right decision to have an LLC. I don't mind doing my own accounting and my own taxes, it's actually fun for me, so I will be saving a lot of money in taxes (looks like).
I am a sole proprietor and this video really cleared up my current confusion on if I should pay for the LLC. I’m not making nearly as much as you recommended so I feel comfortable in waiting. Thank you for sharing! God bless.
@@astralblue You might feel better after watching this. I always watch multiple videos on a single topic to try+get the most info on a single topic. ruclips.net/video/3J7HG6IuV_c/видео.html
You gloss right over one of the biggest reasons for an LLC.... Not losing your entire life's work to some scumbag who decides to call a lawyer. And it doesn't matter HOW much money your business is making. They will sue. Another thing to consider is how likely is your business to get sued? In certain businesses, it's a lot riskier.
Seriously SOOOO helpful. Starting a business has been stressing me out, and I didn’t hardly know what a sole proprietor was. I’m subscribing and adding your other videos to my watch later list 😊😊
OMG thank you for this! I just opened a DBA in California for my wedding and event planning and decorating services. I have been feeling like what if its the wrong move? I don't have a lot of money I just started gaining momentum and I'm totally ok with moving every day and growing slowly. This video makes me feel a lot better about not rushing into an LLC.
5:25, my man delivers. Thank you for clearing that up. I am just starting out and while I do want to do things right, I am not making enough to warrant an LLC.
Not only you teached me how to mix, now you teached me how to manage my audio company!? Holy cow you are amazing. who would've thought that the same person would've helped me all the way from start to finish!?
I am starting the process of making my home bakery legal and this video was extremely helpful. I definitely don’t make enough money with it yet to worry about forming an LLC. I am saving this video for future reference. You’re a great teacher!
Just starting a new business and I was on the fence about switching to an LLC. Watching this video I think I'll keep the sole proprietor for now. Very helpful, thanks.
Thanks so much for this video! Cleared up so much confusion I had with all the tax jargon. Definitely don’t need to be stressing about an LLC right now. Sole Proprietor sounds like the way to go.
I cannot thank you enough for creating this video. I have watched upwards of 20 different videos on LLCs vs S Corp and sole proprietorship and this time...it clicked! Great work! In January I broke off from my "cushy" full time job with benefits to pursue what I love and what makes me excited to get up in the morning for: Voice Over work/audio production. Sounds like that might be in your wheelhouse as well. Cheers!Anywho...I've been trying to figure out what my best course of action would be administratively/legally and you have left me feeling fully equipped with the thoroughness of this video. Thank you again!
I just started my online business and I’m still learning English by the way, but to be honest I understand you clearly and this video answer my questions, thank you 🙏
Very helpful and thank you for explaining everything slowly and very easy to understand. I will be talking with my accountant to see if I should do the switch from a sole proprietor to an llc.
I just watched like 5 tax/LLC/Sole Proprietor and my head was spinning. Man am I glad that I saw this video. Easy to understand, to the point, mad informative! Thank you
This video has helped me immensely!!! I am a notary and I didn't understand about LLc's or what it meant to be a sole proprietor. I understand a whole lot better now. Thank you for this video.
Hi. So I was going through the application process of getting my EIN number and had to decide if I were sole proprietor or as an LLC. I panicked and immediately backed out of the application process....lol, I find a lot of DIY’s on RUclips and figured why not!?! Came across your video and I know for sure I’ll apply as a sole proprietor, for now. Thanks for the hand up and I look forward to future informational videos.
Thank you for the clarity!!!! This video was SO helpful 🙏. My husband is a sole proprietor for 3 1/2 years now. Our tax person advised us to look into a LLC since his business is growing, this past February! We thought we had to rely on him but realized we could apply online so we are researching to make the best options. Again, Thanks 👍.
This is by far the best video I've watched and now im 100% more clear that i am a sole proprietor and i need more time to start my llc s corp but now im on the right path and i have no prior business experience but now thanks to this guy i have the experience i need
Also, if somebody sue u, if u have an LLC, it protects them from taking your personal possessions like your house or cars, but a Sole proprietorship wouldn't protect u from those things
Thank you so much for this. I can’t believe RUclips is free soemtimes. Also for us visual leanrers would you mind putting graphics and the words next to what youre saying? It would help everything make more sense and add tangiblity to the information. Thanks again
Very much appreciate the clear explanation and discription of both. I thought about a sole propietor, but because of dangers to the users of my business, kayaking guide, it is clear I need an LLC.
I liked your video! I have used SP for about 25 years. I do have two DBA's with checking accounts. Since I have seven dependents I've always got a tax refund because my regular write offs from overhead cost don't outweigh what the Fed gives me in standard deductions with the big family. For us ,the idea of an LLC would make sense if we decide to hire people. I'd have to spend lots of money of marketing to create enough business to employ a technician. So far this has never happened. I use sub contractors to assist me with their own business license and insurance. The interesting thing is you can train a person and bring them "up to speed" and that person may realize they can start their own business and make more money on their own..that is how the ball bounces in the real world. If the perks aren't good enough, people just move on anyway.
This video was helpful. I am starting my business and I am not making any money yet. I was wondering if I needed an LLC when starting for the tax benefits. I was also wondering if I needed to open a new bank account for my business earnings. Now I know I don't need to necessarily worry about an LLC just yet. I also learned that starting a new account under my business name for my business would be a good idea.
Wow this was extremely helpful. I have been killing myself with all this search and you have make it clear. Thank you for this video. I will definitely hold off on the LLC until I get the business up and working.
I'm currently 16 but in the future I want to start my own business someday. I'm thinking of the LLC option because that seems like a better fit for me.
I needed this video. Thank you so much! I have been considering forming an LLC but so far I have only made $900 on my side hustle. I did set up an EIN for a DBA.
Man you broke it down so easily man man all I can say is man man I don't know how else can you break it down for anybody else to understand it but you did a very good job you got to the point my man ☺️
VERY CLEAR, EASY TO UNDERSTAND. I HAVE JUST FILLED OUT ALL THE PAPER WORK FOR AN LLC, PROBABLY A BIT PREMATURE ACCORDING TO YOUR ADVISE CAUSE I HAVEN'T MADE DIME ONE YET. THANK YOU VERY MUCH!!
This was extremely helpful. I am in the process of starting a business and don't want to take on more than I need to. Especially in the beginning stages. Thank you so much for this information.
Thanks for this video! I’m set up as a sole proprietor because I was starting a second business but was already self employed in one business. So for getting launched, and not making a ton, I just kept it as a sole proprietor and filed it all under one return. I just completed year 2 of my second business which is outpacing my first so I’m working on trying to transition to one business only, and going to restructure as an LLC this year. This video just confirmed that I’m at the point where I’m ready and it makes sense going forward with my current sales and my sales goals for the year to become an LLC and separate things out.
The clearest and most easy to understand information I have come across! Saving this video! Good job! Thank you!!! Oh, and I own a photography business and I am a sole proprietor!
Super helpful. I have had a SP for many years now and want to move to LLC. 1. Can I convert existing business or do I have to start a new one 2. Does it matter what time of the tax year I do this conversion? For example, if I create an LLC in June, 6 months will be taxed as LLC and 6 months as Sole prop? How does that work?
Thank you man, this is great info. I'm a sole proprietor doing about 125 - 175k per year. About to go a lot bigger- 2 more cities. I figure it's a no brainer to go LLC (in Canada by the way). I have 0 personal assets besides this business, so I've been scratching my head as to why I would need to. What do you think? Do I really NEED to go LLC? Will I really have tax benefits? I spend most of my money on business growth. Margin is probably about 50%, but it all goes back in. Would love to also hear deets about your coaching :)
Graham explains it very well that for - liability If you make more than 50K Which you stated you do- it’s good to create a LLC. But if you meant you reside (live) in Canada- Graham is going by the United States tax guidance and this may likely be different in ... Canada 😁
I’m currently getting ready to start a business soon. I was confused about sole practitioner and LLC before I sign the paperwork. Thank you for sharing this important information.
This is the clearest example if the differences I've seen and I'm glad I found it before starting as an LLC. Thanks for the video, going to subscribe now!
This video was perfect for me with all the questions in my head that needed to be answered , and some that I didn’t know about. I am starting a Sole Proprietor but hope one day to get into an LLC. Thank you for this knowledge in this video. HIGHLY RECCOMMEND TO WATCH !! I am a beginner and new to all this it really helped out.
this clarified everything i was searching on ! thank you so much , im opening my own business but i was so confused on what exactly i needed to do . now i now i think with the type of work my company will do a LLC will be the best way to go since its more on construction and i know how much roughly it brings in yearly .
This was great, definitely guided me on the direction I should go in with my fashion business. I’m starting as a sole proprietor since I’m doing this alone an starting small.
Thanks for explaining it so good. Came here after filing as sole proprietor before understanding the difference. Making changes to become LLC. 👍 Thanks for your knowledge.
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This is probably the clearest explanation of the concept, great job keeping it simple.
Totally
Agreed!
ok hmm
hey wwwhat a great time w
Facts cuz I been confused as hell
Be careful, there's some information that isn't accurate in this video.
Excellent video. Tax matters aside, I formed an LLC to protect my personal assets if my business gets sued. Your personal assets are at risk if you are a sole proprietor and your business gets sued. That's something to consider.
@RedEyeOf Jupiter it can impact your personal credit and affect you for years to come. Depending on if/what you get sued for and how much they are demanding.
What if at thr moment I have no assets
What if you have liability insurance
I’m in CA
Aren’t you unable to sue someone when their assets don’t exceed $500,000?
@@OutdoorsyVibe If that is true in California, the old saying about Cal being the land of fruits and nuts is accurate. No offense to you Nick. To my knowledge, anyone can be sued by anyone else, anywhere in the good old USA.
This is something schools need to teach, literally 4 years just for the experience and a piece of paper..
Okoook b no lo oookkinnkononoknok koo noon looking
Okoook b no lo oookkinnkononoknok koo noon looking m
school is not about education. It's about indoctrination.
@@eruston exactly.
Indoctrination and enslavement (being indebted so u always have yo work and working all your life, but having nothing to show for it)
Schools dont want people to work for themselves and make money. Schools are designed to dumb people down and send them off to the factories because factories need people who dont have options. If everyone was taught how to set themselves up for success with their own business there wouldnt be employees anywhere.
Your 2 favorite words have now become mine as well...tax savings. Thanks for the video.
Thank you I’m I think I’m best with the sole proprietorship the LLC tax thing is too confusing for me right now lol
Its now 2021 and this info is still good
I formed an LLC for 1 big reason - to separate my personal finances from my business's finances, because it the event of my business being sued I want to save my savings. The way you wrote down where exactly the savings may come from for an LLC was very helpful, and I am even more convinced now that it was the right decision to have an LLC. I don't mind doing my own accounting and my own taxes, it's actually fun for me, so I will be saving a lot of money in taxes (looks like).
I am a sole proprietor and this video really cleared up my current confusion on if I should pay for the LLC. I’m not making nearly as much as you recommended so I feel comfortable in waiting. Thank you for sharing! God bless.
Are u doing better now ?
Haveing a LLC is to protect your assets, a sole Proprietor does not protect your assets if you get sued.
@@idbountyhunter what if you don't have any assets?
@@Chrichna_D Doesn't matter,Your personal credit score will hurt badly and banks are less likely to give you a loan.
Hello! What do you mean? By being Sole proprietor or LLC?
Thank you
I was just about to start LLC process, but I thank God I came across this video. Very helpful . Thank you so much for sharing this.
I started an LLC 2 years ago not realizing a sole proprietorship would be better for me. It's good to know this early.
@@astralblue You might feel better after watching this. I always watch multiple videos on a single topic to try+get the most info on a single topic. ruclips.net/video/3J7HG6IuV_c/видео.html
I've watched 8 videos by different people on this topic, so far.
astralblue same
astralblue what’s the paper work and where did u turn it in plzz answer
Thank you for this video it truly helped me to understand which is best for me.
You gloss right over one of the biggest reasons for an LLC.... Not losing your entire life's work to some scumbag who decides to call a lawyer. And it doesn't matter HOW much money your business is making. They will sue. Another thing to consider is how likely is your business to get sued? In certain businesses, it's a lot riskier.
Thanks you did so well breaking this down for me. I’m a tattoo artist going off and opening my own studio
Seriously SOOOO helpful. Starting a business has been stressing me out, and I didn’t hardly know what a sole proprietor was. I’m subscribing and adding your other videos to my watch later list 😊😊
Thanks for watching!
New business... Sole proprietor... The BEST video ever for explaining what is what
OMG thank you for this! I just opened a DBA in California for my wedding and event planning and decorating services. I have been feeling like what if its the wrong move? I don't have a lot of money I just started gaining momentum and I'm totally ok with moving every day and growing slowly. This video makes me feel a lot better about not rushing into an LLC.
Same. I'm a wedding videographer and was wondering if I should've done a LLC. How is business for you so far?
This just saved me a $150 consultation fee ~ Thank you!!!
This video is a few years old but explain things so well, I'm a sole proprietor
5:25, my man delivers. Thank you for clearing that up. I am just starting out and while I do want to do things right, I am not making enough to warrant an LLC.
This video by far is the most informative and easy to follow presentation on LLC vs. Sole proprietor
Not only you teached me how to mix, now you teached me how to manage my audio company!? Holy cow you are amazing. who would've thought that the same person would've helped me all the way from start to finish!?
I am starting the process of making my home bakery legal and this video was extremely helpful. I definitely don’t make enough money with it yet to worry about forming an LLC. I am saving this video for future reference. You’re a great teacher!
Thank you I am opening a small locksmith business and it will just be me and I have been racking my brain on how to start. Thank you!!!!
Just starting a new business and I was on the fence about switching to an LLC. Watching this video I think I'll keep the sole proprietor for now. Very helpful, thanks.
This was very straight forward and very helpful thanks!
I second that!
Third that!
One of the more helpful videos i have ever seen on RUclips. Thank you for being so clear and straightforward.
I have been so confused between Sole Proprietor vs LLC. This is the best Video that I have seen that explained things clearly! Thank you!
Thanks so much for this video! Cleared up so much confusion I had with all the tax jargon. Definitely don’t need to be stressing about an LLC right now. Sole Proprietor sounds like the way to go.
The best advice I've had on how I should form my business when I start it. Especially the rule on making at least $50k a year before starting an LLC.
I cannot thank you enough for creating this video. I have watched upwards of 20 different videos on LLCs vs S Corp and sole proprietorship and this time...it clicked! Great work! In January I broke off from my "cushy" full time job with benefits to pursue what I love and what makes me excited to get up in the morning for: Voice Over work/audio production. Sounds like that might be in your wheelhouse as well. Cheers!Anywho...I've been trying to figure out what my best course of action would be administratively/legally and you have left me feeling fully equipped with the thoroughness of this video. Thank you again!
So glad it was helpful! My dad does Voice Over work part time and loves it.
The clearest explanation ever this guy is amazing.
I just started my online business and I’m still learning English by the way, but to be honest I understand you clearly and this video answer my questions, thank you 🙏
Great to hear!
This is the most effecient clear explanation and advice to new entrepeneurs out of all the vidz on youtube.....thank you
I've been pulling my hair out trying to understand the difference. Found your video and theyre awesome!!!! Thank you!!!!
Very helpful and thank you for explaining everything slowly and very easy to understand. I will be talking with my accountant to see if I should do the switch from a sole proprietor to an llc.
The clarity on this video was AMAZINGLY helpful. Thank You.
I just watched like 5 tax/LLC/Sole Proprietor and my head was spinning. Man am I glad that I saw this video. Easy to understand, to the point, mad informative! Thank you
This video has helped me immensely!!! I am a notary and I didn't understand about LLc's or what it meant to be a sole proprietor. I understand a whole lot better now. Thank you for this video.
I've never not regretted clicking on a video more in my life
I have been looking all over RUclips and THIS is exactly what I was hoping to find. Thanks! The graphic/breakdown is so helpful.
Glad to help!
The most concise and clearest explanation on the subject I've come across. Thank you so much Graham
Starting a small clothing, I think I’ll go with a sole proprietorship until I start making “real” money.
Hi. So I was going through the application process of getting my EIN number and had to decide if I were sole proprietor or as an LLC. I panicked and immediately backed out of the application process....lol, I find a lot of DIY’s on RUclips and figured why not!?! Came across your video and I know for sure I’ll apply as a sole proprietor, for now. Thanks for the hand up and I look forward to future informational videos.
Thank you for the clarity!!!! This video was SO helpful 🙏. My husband is a sole proprietor for 3 1/2 years now. Our tax person advised us to look into a LLC since his business is growing, this past February! We thought we had to rely on him but realized we could apply online so we are researching to make the best options. Again, Thanks 👍.
Thank you so much. I am a hairdresser/makeup artist filing as a Sole Proprietor.
Thank you for this! Currently sole proprietor looking to switch
This is by far the best video I've watched and now im 100% more clear that i am a sole proprietor and i need more time to start my llc s corp but now im on the right path and i have no prior business experience but now thanks to this guy i have the experience i need
WOW, you're great at explaining things!!!! So clear and to the point and filled with actual information!!! Thank you so much sir!!!!!
I was just about to get a LLC, until I watched you and another guy say the same things. Thanks for the SAVE!
Thanks! I've been reading on this for the last 2 days (tax sites), and you were the only one who completely explained it. Kuddos!
Glad to help!
Info was great. Super clear and concise. Very nicely done. Music was distracting.
Out of all the videos, this was the simplest one to understand! Thanks so much.
You're welcome!
Also, if somebody sue u, if u have an LLC, it protects them from taking your personal possessions like your house or cars, but a Sole proprietorship wouldn't protect u from those things
Thank you so much for this. I can’t believe RUclips is free soemtimes. Also for us visual leanrers would you mind putting graphics and the words next to what youre saying? It would help everything make more sense and add tangiblity to the information. Thanks again
Very much appreciate the clear explanation and discription of both. I thought about a sole propietor, but because of dangers to the users of my business, kayaking guide, it is clear I need an LLC.
I liked your video! I have used SP for about 25 years. I do have two DBA's with checking accounts. Since I have seven dependents I've always got a tax refund because my regular write offs from overhead cost don't outweigh what the Fed gives me in standard deductions with the big family. For us ,the idea of an LLC would make sense if we decide to hire people. I'd have to spend lots of money of marketing to create enough business to employ a technician. So far this has never happened. I use sub contractors to assist me with their own business license and insurance. The interesting thing is you can train a person and bring them "up to speed" and that person may realize they can start their own business and make more money on their own..that is how the ball bounces in the real world. If the perks aren't good enough, people just move on anyway.
What’s dba
This video was helpful. I am starting my business and I am not making any money yet. I was wondering if I needed an LLC when starting for the tax benefits. I was also wondering if I needed to open a new bank account for my business earnings. Now I know I don't need to necessarily worry about an LLC just yet. I also learned that starting a new account under my business name for my business would be a good idea.
Wow this was extremely helpful. I have been killing myself with all this search and you have make it clear. Thank you for this video. I will definitely hold off on the LLC until I get the business up and working.
Best explanation ever... just started a rental property and your video really helped me alot.. You got a subscriber here
I'm currently 16 but in the future I want to start my own business someday. I'm thinking of the LLC option because that seems like a better fit for me.
Come back to my reply when you do . Perhaps you can hire me young man .👍
@@INDREAMSBEGINSRESPONSIBILITIES XD I still have a lot to learn though lol
Why not start your business now? I encourage you to do so.
@@cdmanor777 Okay, I will start early, thanks for the advice :D
I needed this video. Thank you so much! I have been considering forming an LLC but so far I have only made $900 on my side hustle. I did set up an EIN for a DBA.
Very insightful. It answered a lot of my questions about selection of legal structure and tax benefits of sole proprietor vs. an LLC.
Man you broke it down so easily man man all I can say is man man I don't know how else can you break it down for anybody else to understand it but you did a very good job you got to the point my man ☺️
Excellent parsing out of this very confusing topic!
VERY CLEAR, EASY TO UNDERSTAND. I HAVE JUST FILLED OUT ALL THE PAPER WORK FOR AN LLC, PROBABLY A BIT PREMATURE ACCORDING TO YOUR ADVISE CAUSE I HAVEN'T MADE DIME ONE YET. THANK YOU VERY MUCH!!
This was extremely helpful. I am in the process of starting a business and don't want to take on more than I need to. Especially in the beginning stages. Thank you so much for this information.
This guy is the greatest. He delivers valuable information and simplifies things.
Fantastic. Super clear. Now I understand the difference in tax savings. Thank you, Graham!
Thanks for this video! I’m set up as a sole proprietor because I was starting a second business but was already self employed in one business. So for getting launched, and not making a ton, I just kept it as a sole proprietor and filed it all under one return. I just completed year 2 of my second business which is outpacing my first so I’m working on trying to transition to one business only, and going to restructure as an LLC this year. This video just confirmed that I’m at the point where I’m ready and it makes sense going forward with my current sales and my sales goals for the year to become an LLC and separate things out.
Congrats!
I love your format. Nice lighting and upbeat music. Thanks for the information.
This video gets an UNDENIABLE standing ovation!! Bravo!
The clearest and most easy to understand information I have come across! Saving this video! Good job! Thank you!!!
Oh, and I own a photography business and I am a sole proprietor!
This was very helpful. Was gonna start a LLC until a friend informed me about sole proprietor
Very helpful. Clear speaking, to the point and at a good pace. Thank you.
You're welcome!
Thank you! I’m looking to start a cooking business from home and was wondering what did I need to protect the name. DBA it is! Thanks again!
Thank you so much for this video! It has helped me make my decision I was so stressed out about this before I watched this video
Very helpful. I probably formed an LLC prematurely but I'm committed. Thank you for your help.
Super helpful. I have had a SP for many years now and want to move to LLC.
1. Can I convert existing business or do I have to start a new one
2. Does it matter what time of the tax year I do this conversion? For example, if I create an LLC in June, 6 months will be taxed as LLC and 6 months as Sole prop? How does that work?
1. Yes you can convert your business
2. Whenever you start it you’ll be taxed as two things the following year since it was a bit of both.
Just starting a resell business on Poshmark. It’s a slow start. I will go the sole proprietorship route. Thanks for your help!
Best explanation on RUclips
Great video for refreshing my old knowledge. Thanks man!
Thank you man, this is great info.
I'm a sole proprietor doing about 125 - 175k per year. About to go a lot bigger- 2 more cities. I figure it's a no brainer to go LLC (in Canada by the way).
I have 0 personal assets besides this business, so I've been scratching my head as to why I would need to.
What do you think? Do I really NEED to go LLC? Will I really have tax benefits? I spend most of my money on business growth. Margin is probably about 50%, but it all goes back in.
Would love to also hear deets about your coaching :)
If ur making more than 100k a year it’s highly recommended becoming a llc for liability reasons
Graham explains it very well that for - liability
If you make more than 50K
Which you stated you do- it’s good to create a LLC.
But if you meant you reside (live) in Canada- Graham is going by the United States tax guidance and this may likely be different in ... Canada 😁
I’m currently getting ready to start a business soon. I was confused about sole practitioner and LLC before I sign the paperwork. Thank you for sharing this important information.
Thank you for the very basic and informative discussion.
You just saved a life, and I'm keeping all your contents. Let's go 👊🏾👊🏾👊🏾
I like the lighting setup in your videos. Very professional and slick!
One of the best,, practical and simple explanations I have found. Thanks!
This is the clearest example if the differences I've seen and I'm glad I found it before starting as an LLC. Thanks for the video, going to subscribe now!
This video was perfect for me with all the questions in my head that needed to be answered , and some that I didn’t know about. I am starting a Sole Proprietor but hope one day to get into an LLC. Thank you for this knowledge in this video. HIGHLY RECCOMMEND TO WATCH !! I am a beginner and new to all this it really helped out.
Wow you literally answer the questions I had 💕😭 thank you so much for being super clear with the information
this clarified everything i was searching on ! thank you so much , im opening my own business but i was so confused on what exactly i needed to do . now i now i think with the type of work my company will do a LLC will be the best way to go since its more on construction and i know how much roughly it brings in yearly .
Wow. Love this video. You explained this so simply. I get it.
So Helpful, Graham! Thank you!! Moving from being a sole proprietor to LLC
You... are extremely helpful, my friend. Thank you!
And you are extremely beautiful. I'd like to be your sole proprietor. ;)
briana lowe looking forward to watching your weight loss video
@@trollingisasport 🤣🤣🤣🤣🤣🤣
This video was very helpful. I have a LLC. but thank you for explaining the difference.
4:38 = this is the crux right here. Thank you Graham for explaining this is amazing clarity :) 8:29 also
This was great, definitely guided me on the direction I should go in with my fashion business. I’m starting as a sole proprietor since I’m doing this alone an starting small.
This was super helpful!!! I really needed this breakdown. It got right to the point and very informative. Thanks so much!!
Wow thank you!! Very informative!
Thanks for explaining it so good. Came here after filing as sole proprietor before understanding the difference. Making changes to become LLC. 👍 Thanks for your knowledge.
Well done. Super helpful and concise. Thank you
Watch it at 1.25 speed makes this video watchable. Good job on the information!