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Upwork LIVE
Wednesday, June 01th, 8:00 AM - 9:00 AM PDT
Upwork LIVE: Tips and Tricks for Starting a Business in the US

The event recording is available now.

Jeff Stoller joined an Upwork Live talk to discuss business structures in the US. In particular, Jeff talked about the two most asked questions: ​​Do I need an entity? What kind of entity should I have?

We’ve compiled a few key takeaways from the event below:

  • Sole proprietorship, partnership, LLC, corporation, C Corp, and S Corp are each different and each has its pros and cons.
  • If personal liability is a concern, then an LLC, corporation, or S-Corp are a good choice.
  • If you make enough that you may want to reinvest in your business then an LLC or corporation are good choices.
  • If your top priority is simplicity and you are not worried about liability and just supporting yourself/your family, then an LLC might be the right choice.
  • Do what’s right for your business. At the end of the day, everyone’s industry, state, and even business are different. Think about what’s important to you and consult a local attorney or accountant to help pick the right business structure for your business.

You can access the recording of the event through the "Watch Recording" button above.

 

Happy Working!

 

Event details
Virtual event
Free
Event ended a long time ago
English
Hosted by: Courtney C
Meet Our Hosts and Speakers
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