LLC vs DBA: Which One Should You Choose for Your Business?

(ad) Easily register your business name and operate under a custom brand with Bizee here:
https://www.charliechang.com/bizee/

Form your LLC with confidence using TailorBrands here:
https://startupwise.com/tailorbrandsllcdiscount/
^Use this link to get up to 40% off select LLC packages

In this video, I go over whether you need an LLC to start selling online and what the differences are between a sole proprietorship and an LLC. Figuring out the right business structure can feel overwhelming, especially if you’re just getting started and aren’t sure about liability, taxes, or legal requirements. I’ll break down the key factors, like protecting your personal assets, handling business taxes, and managing startup costs, so you can make an informed decision that suits your goals.

Our favorite tools for LLCs:
💼 Northwest Registered Agent ($39 LLC formation service):
https://startupwise.com/northwestLLC/
🎨 Tailor Brands (Save 35% on all LLC plans):
https://startupwise.com/tailorbrandsllcdiscount/
🚀 ZenBusiness (Launch your business for $0 plus state fees):
https://startupwise.com/zenbusinessLLC/
⚡️ Swyft Filings (Form an LLC in minutes for $0 + state fees):
https://startupwise.com/swyftllc/
📑 Bizee (Start an LLC for free & get a registered agent free for the first year):
http://startupwise.com/bizee/
🏦 Novo (Open up a free business checking account):
https://startupwise.com/novo/
💰 Bluevine (Business bank account with 4.25% APY):
https://startupwise.com/bluevine/
📜 Legal Zoom DBA (Best DBA service):
https://startupwise.com/legalzoomdba/
📈 RCReports (Get a reasonable compensation report if you’re paying yourself):
https://startupwise.com/rcreports/
🔖 Trademark Engine (Protect your brand by registering a name, slogan, or logo):
https://startupwise.com/trademarkengine/
💸 Big Think Capital (Get funding for your small business):
https://startupwise.com/bigthinkcapital/

Be sure to watch this video until the end, as I cover when it actually makes sense to form an LLC and when you might be better off waiting. I’ll walk you through the risks of operating as a sole proprietor, the benefits of limited liability, and how an LLC could impact your business credibility. Plus, I’ll share insights on potential tax advantages and when electing S-corp status might help you save money as your business grows.

If you’re looking for an easy way to set up an LLC or just want to check the costs, I’ve included a special link below that gives you access to resources and pricing. No matter what route you take, making the right choice now can help you avoid legal headaches and set up your online business for long-term success.

For more information on LLCs and business formation, check out our other videos:

Sole Proprietorship vs LLC vs S Corp: Which Is The Best & Cheapest to Start?:
https://youtu.be/HU58uCr8sAo

LLC S Corporation Election: Complete Step-by-Step Guide:
https://youtu.be/XIL4EApD_W4

If you found this video helpful, please SHARE it with a friend that could benefit, and also LIKE and subscribe for more videos like this!

Thanks for watching, and I hope you have a wonderful rest of your day!

– Kyle

#LLC #DBA #LLCFormation

Timeline:
0:00 - Introduction
1:07 - What Is an LLC and a DBA
2:22 - Important Factors to Consider
4:10 - Legal Protection and Business Separation
5:55 - Formation Process and Costs
7:48 - Tax Implications and Financial Flexibility
9:46 - Growth Potential and Business Credibility
11:45 - Getting Started with Bizee and Tailor Brands
13:00 - Conclusion

Disclaimer: Some of the links above may be affiliate links, which means that if you click on them, I may receive a small commission. The commission is paid by the retailers at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All information from our videos is compiled from online sources and our own experience, and we encourage you to do your own due diligence. We appreciate your viewership!

In addition, we are not financial advisors. LLC Deals does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your due diligence before making any financial decisions.

Видео LLC vs DBA: Which One Should You Choose for Your Business? канала LLC Deals