How to take your business to the next level · 💳MYFREECREDITSKOOL💳

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How to take your business to the next level

TRACY NANCY is a name that you should all want to add to your WINNER CIRCLE!!! She was one of the heavy hitters on Saturday and she owns her own business called Amillion Bookkeeping LLC. She spoke on the "what to know" regarding the level of entrepreneurs out there and their benefits which are:

Sole proprietorship
Limited Liability Company (LLC)
S-Corp

As a sole proprietor you don't need to have much money to start a business! 😮 She also said that if you don't make $1500 a paycheck on average than this is the easiest type of establishment and the most popular choice for a small business.

LLC: separates you from your business. You and your business become separate entities. Whatever happens within your business only affects your business and not you. You do however have to pay an $800 annual fee to the secretary of state so it's important that your business makes more than $1500 so that you're still making a profit.

S-Corp: In order to get this you will need an established LLC first. They are the 1% that don't have to pay taxes and they have so many write offs, but only if you have the knowledge to do so.

There's so much more to share, but I know long essays don't always captures everyone's attention to the end. Think about your business venture and look up Tracy Nancy so that she can help you stay on track with your business!!

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