Live - Build - Change: The Christian Faith And Business Show

Business entities. It’s a fancy way of talking about the types of companies that people can legally create in the United States. It sounds intimidating but it’s not, you just have to be careful about how you set them up and how you keep your records. Don’t follow my bad example when it comes to business entities. When I first got started in business I honestly didn’t know what I was doing. I simply needed to make some money to put food on the table. But that can only be an excuse for so long. I wound up having to pay far too much taxes the first year my Podcast Production business took off and learned the hard what that I needed to get a new business entity set up, pronto. Don’t be intimidated by the process. Determining and using the right business entity will yield great benefits. On this episode I’m diving into my understanding of these things - and why they are important. It’s more than simply having an impressive name for your business. There are legal protections that come with some of the types of comp