Becoming a Legitimate Business: Sole Proprietor, LLC, or S Corp

Posted on 11. Feb, 2010 by John in Blog, News, Starting Your Business

Ran across this excellent article, not only does it apply to photographers but to all sorts of artists out there.  If you make money then you should really read the rest of this article, here’s a blurb:

So you’ve hired a logo designer, bought a .com – what’s next? While I don’t recommend those things being your first call to action in starting your “business” – determining what business designation you choose is a very important first step. There’s no magic answer here. Everyone’s situation and where they operate their business can impact the choice they make. Ultimately, it is a balancing act of the tax and legal benefits against your cost of maintaining and incorporating your business.

Sole Proprietor – DBA (Doing Business As) – most photography businesses are established as sole proprietors. In fact…

Click Here to read the rest of the article, trust me, if you’re new to the business world then it is definitely worth it.

About: John:
John M. Brown is a serial entrepreneur with a vast amount of experience in the formation and execution of business plans and strategies. He has worked on projects of both large and small scale. John's role at Projected Frame is to make sure that the accounting solution it provides actually fits the needs of the artists that use it. He also leads the planning committee with a focus on customer feedback and selection of new features.

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