Emily used to be a Prosecutor out in LA., but after a burnout, she was able to successfully shift into Online Business Law!
Both Emily and JP like to recommend a Holding Company to their client for all the tax benefits they can provide
Where you incorporate your corporation can benefit your business, so it is recommended to look into:
Businesses incorporate in Floride because liability wise it makes sense, and has a lot of space for digital businesses.
If an online business owner is looking to sell their business a traditional C-Corp is recommended; C-Corp is also recommended should you have liability.
LLC is recommended should the online business be what they love, will ride it out, and have no liability.
Contracts and the process is all going to be changing to a new online process
State by State it will be different
Things that you can do to increase your efficiency:
Brand your business so that you can walk away; that is more of an asset then you may think!
You cannot predict what is going to happen, the world is everchanging
All you can do is make the best decision you can with the information you have
Connect with Emily D. Baker:
Website
Instagram
Facebook
Get Legit & Sh*t Podcast
Connect with your host, JP:
Twitter
Instagram
Facebook
Website
Show
LinkedIn
Email: jpmcavoy@conductlaw.com
Phone: 1-833-890-8878
THANK YOU TO OUR SPONSOR:
Conduct Law
Website