Choosing the Right Entity for Your Business - Episode #2
Welcome to Thinking Solo — hosted by Ryan Derousseau, CFP®, EA.In today's episode, we look at entity selection, particularly for small and service based businesses. What's the right business for you? LLC? Sole Prop? S-Corp? Ryan shares best practices for the selection, and explains why you should use the entity choice as a tool - not a signpost to reach. That's because there are good reasons for each entity and downsides to the same business structure. And you will have to operate in it moving forward, depending on which one you select. At the end of the episode, Ryan also provides a movie…
The skinny
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