Episode 28 (Halftime): Making It Official, Starting a Business

Should you incorporate if you are taking on freelance or contract work? In this episode of Halftime, Adam discusses the benefits of setting up an LLC to freelance and touches on the differences between LLCs, Partnerships, S-Corporations and C-Corporations. There are some complex topics discussed in this episode and of course, Adam isn't an accountant or attorney so you will definitely want to consult with one for legal advice. However, this episode may help you figure out ahead of time what questions you need to ask to that legal consultant or at least not appear ignorant to business structures as you pursue entrepreneurship. Mentions and Helpful Links Include: Freelancing? Consider Forming an LLC by ShakeLaw.com Should You Incorporate Your Freelance or Consulting Business by U.S. Small Business Administration 5 Reasons Why an LLC is the Right Structure for Your Startup by INC Magazine The Business Side of Creativity: The Complete Guide to Running a Small Graphic Design or Communications Business The Creative Business Guide to Running a Graphic Design Business C-corporation vs. S-corporation Our next is Matt Powell. Matt is a vice president and sports industry analyst at the NPD Group, where he focuses on the business and culture of sneakers. Matt also writes for Forbes Magazine's Sneakernomics blog. Be sure to follow Adam and the podcast on Twitter, as well as on Dribbble. Did you get value from this episode? Then please rate and/or write a review of the show on iTunes.