Sole Prop. LLC. or S-Corp., What do I Choose?

Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it in your stories and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Today on the show, we wanted to give you all the details of one of our most frequently asked questions and that is should I do an LLC or an S-Corp, what about staying a sole proprietor? Why would I do one or the other and what’s the difference between them? This is an information packed episode for you so grab your notes and let’s get to it. This is the Fit CFO Show!

This was an action packed episode, okay maybe not action but a lot of information to sift through. So if you’re just starting out, or making under $500,000 the information is in there, be sure to consult with your professional about your specific situation.

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