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Which Corporate Entity is Right for Your Jewelry Business

corporateentity

Have you ever wondered how your jewelry business should be legally structured? Do you stay a sole proprietor or convert to some sort of corporation?

It can seem complicated because there are so many options. In fact, I have operated my businesses as sole proprietorships, LLC and S-Corps. You must protect yourself and keep your business assets and liabilities separate from your personal assets and liabilities.

Today, I am excited to chat with Lisa Fraley who calls herself a Legal Coach™ (Attorney + Holistic Health Coach). She teaches entrepreneurs easy legal protections for their businesses.

 

Today we are going to chat about Corporate and Legal Entities for your jewelry business.

In this video you will learn the following:

  • The definition of a corporate entity & how to determine which entity is right for your business.

  • How this is all tied into “upleveling” your business.

  • How this affects your income level and how you can get better tax advantages

  • Why choosing a business entity for your jewelry business is not one-size fits all.

 After you’ve watched the video, comment below by answering these questions:

1. How is your business currently structured?

2. Tell us 3 takeaways that you learned from the video today!

We are excited to have Lisa as a contributor to our Multiply Your Profits course where she will be speaking more in depth about Legal Entities for your jewelry business.

You can view more about the course over here: CHECK OUT MYP NOW

You can find Lisa over at LisaFraley.com and grab her free gift.

Lisa Fraley, JD, CHHC, AADP, is a Legal Coach™ (Attorney + Holistic Health Coach) who has helped over 150 entrepreneurs create simple, easy legal protections for your business – so you feel safe, secure, and protected. Lisa combines her years of work in a large law firm with her powerful coaching skills to help driven coaches and entrepreneurs take the right legal steps to uplevel the credibility of your business, so you can boldly and confidently do the work that you love without worry, stress, or fear of being sued.

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