Building It Online Podcast

How to Setup Your Online Business


Listen Later

Interested in setting up an online business?

Great!

Setting up a business online is easier than it's ever been, however there is no clear rule book on how to do it since there are so many variables while creating it. 

To make matters worse, there are not many (if any) warnings that tell you you've done something wrong until you start to get fined. 

In this episode, we'll discuss how we setup each of our businesses and what we learned along our bumpy path. 

You'll hear our stories about the following (not legal advice):

  • The difference between Sole Proprietorships, LLCs, S Corporations, C Corporations, & B Corporations and what each means to you
  • The separation and flow of money from your business to your personal bank accounts in each structure
  • The difference that your person and your business have in the eyes of the law in each structure

We'll also share the incredible resource that is https://www.llcuniversity.com/ with you. 

Our goal in this episode is to bring the complicated business knowledge that lives online into a personal story so that it's more relatable. After this episode you should be able to read about setting up your style of business, in your state, and have a more clear understanding about what the legal terms are referring to. 

Contact Us
Major Impact Media - Facebook, Website
Outside ROI - Facebook, Website

...more
View all episodesView all episodes
Download on the App Store

Building It Online PodcastBy Mike Sebastian & Brice Gump