Business Structure - How to Choose the Right Structure for your Business

So what if you are taxed as an S Corp and don’t take a salary? Do you just pay income tax and no self-employment tax (as the owner) if you take a disbursement?

Nice dear❤

Awesome post, me and my friends want to start and LLC and we were considering many different options

This was the best video I’ve seen explaining this. Literally understood more in the first two minutes than hours of watching other videos lol

Thank you for sharing this useful knowledge with the world

What do you think would be best for an art business? Digital arts mostly.

This sort of answered (a) question but made new ones. when I files I started a Trade Name, and then made an LLC with the same name as the trade name, problem is both are not my store's name. my goal here was to make a trade name and place both of my stores (with different names) under my Trade Name, or do they go under the LLC? do I need to register each store and apply for separate LLC's or can they both fall under the one LLC, Also do I need separate EIN for each store or just use the one for the one LLC?....Thank you if you could clear this up for me. Worried about going forward until I understand how this works.

tyvm

I am planning to start a tax preparation business from home. Which business structure would be best for me? Sole proprietor, Corporation or LLC? I will be the only owner.

Thank you very much brother.

Greetings, how can I get in touch with someone at your company?

This was really clear, and I’m so confused normally. What a heaven send! Thank you for the calm and clear explanation. Thank you!!!

This knowledge is unfathomably helpful, thank you so much. I'll pay it forward best I can.

Thank you for the video. Because of your information I have decided to start an LLC oil change business. I already bought some tools and now I just need to wait until Monday in order to apply for a Federal Employer ID number. After that I will practice my skills at some junkyards and I may do that today as well. After that I may get a temporary part time job in order to buy a jack or I may just say fuck it and get one with my low funds anyway.

Either way I will probably see if I can get a simple part time job first before putting too much of my limited personal finances into a whole new business without any guaranteed customers. I don't want to take on all of that risk without having enough financial stability to at least make it last a while.

I will also be shopping for computer networking CCNA online self study courses and resources and materials.

This is the best informal video about business entities I’ve found

Hi, what would you recommend for an online crystal shop with two people running it? Thanks in advance.

Very helpful and well explained!

I have been looking for this information for 4 hours and stumbled on this video. Very informative, straight to the point and he spoke clearly. I appreciate this video. Thank you.

Wow I see so many people online sharing your advice

This was really helpful thank you

Tons of thanks to you Tony.

1 minutes and 43 seconds in and i already felt well informed , loved this video !

which structure would suit better a small graphic/web design business with no large assets and 0 loans?

As a caterer which would be more beneficial to start
Proprietor or LLC?

Was not consistent in a note taking way but I understood the info given

Excellent presentation

im 18 and getting ready to start an LLC with my dad :) thanks for helping me make the choice

Concise and clear, thanks for posting!

Simple. Perceptive. Educational.

Excellent content! Thanks!

wow really good

great presentation thank you!

It was very easy to understand.

Question: If I am the only owner, am I able to elect the LLC tax class as an S-corp or am I ineligible and after getting an LLC can I change the tax classification later on when I start making more money?

Very helpful ‼️

Booyah

which bussiness structure might be suitable for textile bussiness??

Great, concise information. Thank you

444th like 🙌🏾

thank you

A BIG TEXAS THANK YOU to you and your team Tony for putting this together. Your video has become my go-to source for everything business structure. As a new voice-over talent trying to start my business, on a zero budget this FREE! information is GOLD. I do appreciate the time you took to make this video. Be safe and stay healthy.

this will help me alot

Awesome

Sir , say I have a plan and want to start my startup but don't want partner or partners then how can i raise fund or get investment (ie: sharing equity) and make it as a pvt ltd .
i mean to say how should i proceed (I can hire people for work but don't want partners and ready to sahre equity) ?

Would i need two separate ein numbers for two separate boutiques with different names. I will be running both boutiques 1st is for kids clothing and 2nd is for adults clothing. And also will i need to separate llc. I hope you see this comment. Thanks for your time.