245. Your First 5 Steps to a Legal Online Business (Checklist) episode artwork

EPISODE · Jun 16, 2025 · 14 MIN

245. Your First 5 Steps to a Legal Online Business (Checklist)

from On Your Terms®

So you’ve got the business idea. You might even have the Instagram handle locked down. But now you're stuck staring at your laptop like... “What legal steps am I supposed to take to make this real?”If that sounds like you, you’re not alone—and you’re in the right place.In this episode of On Your Terms®, I walk you through the exact checklist of what to do (in order!) to legally set up your online business. Whether you’re a coach, digital product creator, or service provider, I’m giving you a clear, three-day action plan to get your business legally legit—without the legal jargon, guesswork, or overwhelm.This is the episode that takes you from “OMG where do I even start?” to “Wow, I actually did that!”Let’s walk through the 5 essential legal steps (plus a bonus) every online business owner needs to take from day one.In this episode, you’ll hear…How to finally stop Googling and start doing with a 3-day legal setup checklistThe 4 things to knock out on day 1 (and how quickly you can do them)What you need to open a business bank account—and why it’s not optionalHow to legally accept payments online (the right way)What kind of contract you need based on what you sellMy thoughts on LLCs vs. sole proprietorships (and what could get you in trouble)Click here to find the full show notes and transcript for this episode.RESOURCES:Grab my free legal guide "The Ultimate Legal Guide for Online Entrepreneurs"Sign up for Sam's Sidebar, my weekly email, to receive legal tips & marketing advice that I implement in my 7 figure businessCONNECT:Get Sam's weekly newsletter, Sam's SidebarFollow Sam on InstagramFollow Sam on YouTubeSubscribe to Sam's Substack, Beyond BusinessTake Sam's free legal workshop "5 Steps to Legally Protect & Grow Your Online Business"DISCLAIMER

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245. Your First 5 Steps to a Legal Online Business (Checklist)

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This episode was published on June 16, 2025.

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So you’ve got the business idea. You might even have the Instagram handle locked down. But now you're stuck staring at your laptop like... “What legal steps am I supposed to take to make this real?”If that sounds like you, you’re not alone—and...

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