If you've ever wondered whether you should operate as a sole proprietor or form an LLC, this episode is just for you! We'll dive into my own personal journey, why I avoided LLCs for so long, and ultimately, how you can make the best decision for your freelance business.
Now, I want to point out that this discussion is specifically for US-based freelancers. I wish I could cover every business entity in every country, but my knowledge is limited to what's available in the US. So, if you're based elsewhere, I apologize, and I hope you still find value in the conversation.
In this episode, we'll explore the key differences between a sole proprietor and an LLC, and how they can sometimes look and feel the same. I'll also share some recent insights I've gained to help you make a more informed decision for your business.
I truly believe that this episode will provide you with a better understanding of the advantages and disadvantages of both sole proprietorships and LLCs, ultimately helping you choose the best path for your freelance business. So, grab a cup of coffee, get comfortable, and let's dive into this (not so) exciting topic together!
In this episode you’ll discover:
For full show notes, visit https://6figurecreative.com/251
#212: How "Growth Hacking" Can Kickstart Your Freelance Business | With Ian Paget
#211: The Missing Skills You Need For Surviving (And Thriving) As A Freelancer | With Sarah Townsend
#210: Annihilating Fear So You Can Step Into Your True Power As A Creative | With James Victore
#209: Choosing A Niche That Attracts Your Best Clients (And Repels The Worst) | With Micah Woods
#208: Building A Flawless Experience For Your Clients | With Nicholas Di Lorenzo
#207: How Freelancers Can Use "The Rule Of 7" To Ethically Get More Clients | With Mike Janda
#206: Stuck With Low $$$ Projects? Here's How To Level Up To $50,000 Projects | With Ryan Koral
#205: How To Be "The Full Package" 6 Figure Creative | With Toby Lloyd
#204: How To Generate 1000 Inquiries Per Year As A Logo Designer | With James Martin
#203: Our Favorite 3 Methods For Creating Awareness | The Client Acquisition Series
#202: How To Attract Your Dream Clients | The Client Acquisition Series
#201: How Creatives Can Shamelessly (And Tastefully) Self-promote | With Peggy Dean
#200: The 7 Key Topics To Cover With Every Client BEFORE The Sale | The Client Acquisition Series
#199: How To Get A Complete Stranger To Hire You | Client Acquisition For Freelancers
#198: Dealing With Burnout, Mental Exhaustion, And Low Creative Juices
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#196: The 80/20 Rule: How To Make More, Work Less, And Get Rid Of Bad Clients
#195: How To Break Through An 8-Year Income Plateau To FINALLY Hit 6 Figures | With Stephen Helvig
#194: Growing From 5 Figures To 6 Figures As A Freelancer | The Secret Ingredient
#193: Leveling Up From A Freelancer To A Business Owner To Make $20k/mo | With Lydia Kerr Of Telltale Design Co
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