Have you been considering whether or not you should start a company for your blog? There are several benefits to creating a specific entity (a company) for your blog, and some risks you take if you haven’t done so yet.
Start a Company for Your Blogging Business
I interviewed attorney, Jamie Lieberman of Hashtag Legal and Businessese. She talked about the importance of creating a specific entity for your blogging business and what options are available (LLC vs Inc.) . Plus, she shared what to expect when setting up a company and when and how to seek professional legal assistance.
In this 45 minute, in-depth interview, we cover:
- Jamie’s background and what drew her to influencer marketing and helping bloggers
- When a blogger should consider creating their own LLC or Inc.
- When it’s too late, or too soon to legally form your business
- The benefits creating separation between your business and yourself
- The risks of not creating that separation
- Three approaches to forming your business:
- Using a LegalZoom-like service
- Hiring a lawyer
- What to expect when you go through the process of forming an entity
- What information you need to have on hand to fill out the paperwork
- What decisions you’ll need to make, and common pitfalls to avoid
- How partnerships – working with one or more partners – affect the process
- The importance of an Operating Agreement – especially in a partnership
- What processes, record-keeping, and filing you’ll need to consider to keep your business in good standing and allow it to continue to offer you personal protection
- Jamie’s answer to: What are the first 3 things a new blogger should do?
How to Watch the Interview
This interview, which will help you determine if you should start a company for your blog is available to all Tribe Members.
- Existing Tribe Members: Click here to login to your account and watch this interview
- Join the Tribe: Watch this interview and more for just $2 for your first month. Click here to learn more and use coupon code: ITSJUST2DOLLARS to take advantage of this offer.