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Welcome back to Creative Minds Smart Money! In this episode, Samantha breaks down one of the most important decisions for creative entrepreneurs: Should you structure your business as a sole proprietor or an LLC?
What You’ll Learn:
- The key differences between an LLC and sole proprietorship.
- How each structure impacts your taxes, liability, and credibility.
- Pros and cons of being a sole proprietor (low cost but no liability protection).
- Why an LLC can protect your personal assets and offer flexibility for growth.
- What it means to transition to an S Corp (and when to consider it).
- Questions to ask yourself to decide which is the right fit for your business.
Samantha provides actionable insights to help you align your business structure with your goals, budget, and long-term vision. Whether you're just starting out or ready to scale, this episode will give you clarity and confidence.
Connect with Samantha:
Website: https://www.firestormfinance.com/
Instagram: https://www.instagram.com/firestormfinance/
Threads: https://www.threads.net/@firestormfinance?hl=en
Pinterest: https://www.pinterest.com/firestormfinance/
Newsletter: https://firestormfinance.myflodesk.com/podcastnewsletter
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