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?

  • lucavaccarini@alien.topBEnglish
    1·
    11 months ago

    I usually file first so i can set up the bank accounts and all the business accounts i need and workspaces

    • throwawayissues238@alien.topOPBEnglish
      1·
      11 months ago

      Yeah that’s what I was thinking.

      And if my current venture doesn’t work out, I could alway start another one, right?

      I’ve been thinking about adding a side gig to my work for an additional stream of income. I was always gonna do something, even if my first thing fails, I was going to just do something else for income.

      So I don’t see why I shouldn’t just make one and name it something general.