This morning we talk with Aaron Young of Laughlin Associates USA. Laughlin incorporates businesses. Incorporation is a MUST for every entrepreneur, even if you're a sole proprietor. It protects you AND gives you amazing tax breaks (This is one of the secrets of the wealthy.).
But compliance is quite involved. Even if the business is just you, you have to have board meetings, announce them ahead of time, keep minutes of the meeting, even though it's just you! Crazy, huh? That's not the half of it. But if you don't do it, you leave yourself open to lawsuits that can ruin not just your business, but your own personal assets, as well.
Like I said, this show is a must-listen for all entrepreneurs.
Sorry we couldn't complete your registration. Please try again.
Please enter your email to finish creating your account.
Receive a personalized list of podcasts based on your preferences.