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?

  • Atomfixes@alien.topBEnglish
    1·
    11 months ago

    Depends on what your doing. When your just starting out your like 10,000x more likely to make mistakes that cost you (or someone else) time/money, it’s cheap enough to start an llc. There’s even different llc’s where you can put multiple companies under it, a series llc

    • throwawayissues238@alien.topOPBEnglish
      1·
      11 months ago

      Should I just start one umbrella LLC for any/all of my gigs? Say if one of my ventures/services don’t make money, I was just gonna do something else anyway, so I could name the LLC something general like that.