LLC vs S-Corp: how to PAY YOURSELF
Thinking about incorporating your creative business? Watch THIS first!
LLC? S-Corp? C-Corp? It might sound like alphabet soup, but if you’re running a creative business, it's worth it to know your options when it comes to incorporating and making things official.
Business and financial manager Belva Anakawenze has got you covered. She'll explain the most common business structures for creators and give you the low down on how different business structures might impact your legal liability, tax situation, and even your operating decisions.
For more information, check out these resources:
/ 5-ways-to-structure-your-creative-business
00:00 - Intro
00:44 - Four business structures for creatives
01:20 - Sole proprietor
02:30 - Corporation
03:47 - S-Corp
04:55 - LLC
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