🤷Choosing between an LLC or S-Corp

by | Jun 17, 2024 | DIY Legal Master Classes

You might be like my client Alex.

Alex is a naturopath. She’s been in business as a sole proprietor for 10 years.

Alex has a unique protocol of food + supplements + stress relief techniques to help clients feel less bloated, have more energy and have an ah-ma-zing transformation in their well-being!đź‘Ź

Now Alex is ready to launch into a virtual business model to share her protocol all over the country.

But Alex is holding herself back.

She has a house and a family. She doesn’t want to do anything to jeopardize anything in her personal life.

She heard about forming an LLC or S-Corp from a friend.

But, she didn’t know if she needed one – or which one to get.

Alex was chagrined to say she didn’t know much about LLCs or S-Corps at all.

Here’s the scoop (exactly what I told Alex):

When you start your biz, you’re officially a Sole Proprietor.

You’re a solo biz owner without a formal legal entity.

👍🏼The good news? It’s super simple to be a Sole Proprietor.

👎🏼The bad news? You and your business are one and the same legally. So if something goes wrong, you’re personally liable, including your house, car and 401(k). (Yikes!)

That’s where an LLC or S-Corp comes in.

Both give you a separate business entity.

Both shield you from liability.

Both legally protect your personal assets like your house and car.

Both LLC's and S-Corps protect your assets. So which one do you need?

But, you may be wondering…

🤷How do i know if am ready for an LLC or S-Corp?
🤷Which one is better?
🤷Which one is right for ME personally?

You can get the answers right here.

This DIY Legal Master Class walks you through both types.

It includes an easy self-assessment.

So you walk away knowing EXACTLY which one is right for you personally.

It’s the quickest, most cost-effective way to figure it out. Just $97. Waaaaaay cheaper than talking with a lawyer.

Check out the DIY Legal Master Class HERE.

Need more info? Have questions about the whole LLC vs. S-Corp thing?

Comment below to schedule a free Legal Chat. My team and I are always here to help.

Here’s to understanding LLCs and S-Corps – and walking away with which one is right for you!

Yes, this DIY Legal Master Class truly will help you know if you need an LLC or S-Corp – and which one is right for you. But if you need more info or have questions about the whole LLC vs. S-Corp thing, just schedule a free Legal Chat here. My team and I are always here to help.