Freelancers need to make plenty of complex decisions about how to organize their business. One important decision is whether to operate as a sole proprietor or form a legal entity, such as a limited liability company, to house the new business. Legal entities can shelter personal assets against lawsuits arising from a business, but they also come with additional costs. The goal of this webinar is to provide freelancers with a firm basis for making the right decision in this sometimes confusing and always technical arena.
This webinar covers the most common business types for freelancers (sole proprietorship, limited liability company, S corporation). We discuss the basic structure of each business form, the mechanics of their formation and maintenance (with examples), and the potential costs. The webinar also addresses the kinds of legal risks that freelancers face and how forming a business entity can help manage those risks.
Alex Bennett is a freelance editor and California attorney with over 15 years in the legal field, mostly in corporate law. Before changing careers to focus on editing in 2016, Alex worked in-house at a renewable energy company, where he managed the company’s global portfolio of legal entities. He holds a J.D. from American University’s Washington College of Law.