Dear Fellow Entrepreneurs,

I urge you to seize the opportunity to become your own boss and take control of your future. Eliminate the cost of educating yourself and spending time on research and developing your business. In my book, I provide the resources you need to live the corporate lifestyle and achieve the corporate dream.

A Corporation or LLC can provide layers of asset protection if set up correctly. I can also guide you on how to take back control of your 401k or IRA and have checkbook control. This is vitally important due to the economic shift that we have witnessed. After the crash of 2008, those who had cash capitalized on the opportunity and now own a portfolio of real estate.

I receive daily calls from people asking how to operate and structure a business. There are several ways to accomplish this task, with the most common structure being a Corporation or LLC. It is essential to have a complete understanding of what you are trying to accomplish. Sometimes,  calls from two individuals deciding to go into business together, with one partner providing the money and the other bringing the knowledge. This is called a partnership structure. All legal entities should have clear rules and ownership spelled out through an operating agreement or company bylaws.

To provide an additional layer of protection for partnerships, I set up a separate partnership agreement in addition to the operating agreement.

The first step is setting up your legal entity with the appropriate corporate structure along with selecting a registered agent. While you can be your own resident agent, doing so eliminates your privacy and allows the general public to know that the Corporation or LLC is really you. I can assist you in selecting the correct registered agent in your state. Additionally, it is mandatory to have an EIN Number, also known as an Employee Identification Number. This allows the Corporation to file its own taxes and establish corporate credit.

I will conduct monthly video sessions on different areas of the corporate world. Readers will be notified by email regarding the date and time of each session. During each session, we will discuss special topics. I will also invite keynote speakers who specialize in key areas of the corporate world. Two of my favorite topics are non-traditional funding for your business through insurance policies and navigating the tax world to keep more of your hard-earned money. For example, I will illustrate tax savings that help you reduce your self-employment tax using the revenue of $100,000 in the first year. One of my keynote speakers will share how to save a minimum of $10,000 in your first year and subsequent years.

Let’s take a closer look at the three areas that will help you live the corporate lifestyle.  1.) Tax Savings; 2.) Asset Protection; and 3.) Privacy. Together, we will tap into resources that successful people utilize every day in the corporate world. The right structure will allow you to separate the two worlds: personal and business. America is one of the most litigious societies in the world, and lawsuits are filed every day, some of which are ridiculous! I urge you to protect what you have worked so hard for in your life. Please keep your business separate from your personal life. In my book, you can find the exact cost of establishing an LLC or Corporation in each state, along with instructions for filling out the necessary forms online.