
Sign up to save your podcasts
Or
In this episode of Your Drone Questions Answered, John Dickow and David Young from Drone Launch Academy discuss an important topic for aspiring drone business owners. The question submitted by Rob is whether it's necessary to have a business checking account or if clients can simply write checks directly to the operator. David Young shares his expertise and explains the benefits of setting up a separate entity, such as a limited liability company (LLC), and having a dedicated business checking account. He discusses the implications for taxes, liability protection, and the importance of keeping personal and business finances separate. They also explore the option of a fictitious name for those who want a separate account without forming an official LLC. If you're considering starting a drone business or any other type of business, this episode provides valuable insights and advice.
Don't miss out on the latest drone-related discussions and questions. Join the Drone Launch Academy Private Community, Drone Launch Connect, and submit your own questions for future episodes. You can also visit ydqa.io to submit questions and access helpful resources. Stay tuned for more episodes and remember, we'll see you in the sky!
https://courses.dronelaunchacademy.com/
5
99 ratings
In this episode of Your Drone Questions Answered, John Dickow and David Young from Drone Launch Academy discuss an important topic for aspiring drone business owners. The question submitted by Rob is whether it's necessary to have a business checking account or if clients can simply write checks directly to the operator. David Young shares his expertise and explains the benefits of setting up a separate entity, such as a limited liability company (LLC), and having a dedicated business checking account. He discusses the implications for taxes, liability protection, and the importance of keeping personal and business finances separate. They also explore the option of a fictitious name for those who want a separate account without forming an official LLC. If you're considering starting a drone business or any other type of business, this episode provides valuable insights and advice.
Don't miss out on the latest drone-related discussions and questions. Join the Drone Launch Academy Private Community, Drone Launch Connect, and submit your own questions for future episodes. You can also visit ydqa.io to submit questions and access helpful resources. Stay tuned for more episodes and remember, we'll see you in the sky!
https://courses.dronelaunchacademy.com/
226,832 Listeners
63,418 Listeners
418 Listeners
58 Listeners
875 Listeners
1,925 Listeners
27,535 Listeners
303 Listeners
42,616 Listeners
44,357 Listeners
15 Listeners
38,676 Listeners
3 Listeners
26,537 Listeners
15,521 Listeners