Just asking what best practices typically are, because someone told me that I should try to get small but consistent income results before starting an LLC.
I guess this makes sense, since it can cost a little to start and is a lot of work. However, wouldn’t this mean my business’s initial income/expenses would be coming in/out of my personal account, rather than a business bank account?
Don’t most people advise against this?
We waited until our first client paying actual money to file our LLC. I think getting that first customer who isn’t a close friend/family is important. Kind of validates it and gives you confidence to move forward.