Launching your Business Legally with Braden Drake of Braden Drake Law
BURNOUT-PROOF YOUR BUSINESS PODCAST | WORKFLOW & PRODUCTIVITY SPECIALIST | LEGAL FUNDAMENTALS FOR ENTREPRENEURS | BRADEN DRAKE LAW | STARTING A BUSINESS LEGALLY | HOW TO START A BUSINESS THE LEGAL WAY
Braden is your gay best friend but an attorney who can also do your taxes. Helping you reduce confusion and stress when it comes to filing the right paperwork when starting a business. And today he's here to share how you can launch your business legally. Plus the different types of business entities, what they mean, and which one is ideal for you.
“There’s stuff that you can DIY - but it’s never a bad idea to pay for guidance and advice on the timeline of the steps involved.”
Guest on the Burnout-Proof Your Biz Podcast
Click below to listen to this week's episode:
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Inside the episode:
The right and the wrong way to start a business
Why Braden encourages you to form an LLC to protect your business
Why you would want to be an LLC vs. staying a Sole Proprietor
The different types of business entities and what they mean
All the forms you need to file your business in your state
What to DIY and what not to DIY when it comes to filing the proper documents for your business
Thinking about each season - and what can we offer our audience during each season
Braden's tips on S Corps
“An LLC is like a magic bubble around your business - and everything outside of your business lives outside of your bubble.”
Guest on the Burnout-Proof Your Biz Podcast
Tools we discussed:
Be sure to follow Braden on Instagram and check out his website for all of his amazing courses, freebies, and services he has available! https://bradendrakelaw.com/services
“Remember why you’re passionate about your business in the beginning.”
Guest on the Burnout-Proof Your Biz Podcast
Today's Permission Slip:
Each episode I give you a permission slip - a reminder to give yourself permission to run your business and live your dream life on your own terms.
In today’s episode, Braden shared the importance that comes with setting up an LLC for your business from the beginning, the difference in all of the businesses entities out there, and which one is best for you and your business.
I give myself permission to do a mini audit and see if there is any legal housekeeping you need to do to make sure your business is set up legally.
So today, I want you to spend a little time doing a mini audit of your business, to see if there is any legal housekeeping you need to do.
And remember, there are some legal documents you can DIY, and some that need to be outsourced to a professional to ensure your business is set up legally.
“Don’t discount the fact that having a LLC by your name makes you look like a more legit business owner.”
Guest on the Burnout-Proof Your Biz Podcast
Connect with BRADEN:
Instagram: @bradenadamdrake
Website: https://bradendrakelaw.com/
Creativepreneur Community: https://www.creativepreneur.community/
Facebook Group: The Creativepreneur Community
“Whenever you are feeling stressed out because you have a lot of client work to do - remember that point in time when your only hope was that you could have a viable business model on your own - and that your dream has become a reality.”
Guest on the Burnout-Proof Your Biz Podcast
Let’s Connect!
If we aren't already friends, I'd love to get to know you! The absolute best place to do that is on Instagram. I hang out there pretty much all the time. I'm @chelseabfoster. Come say hi!
If you liked today’s episode, I’d love for you to share it on Pinterest and/or leave a review on iTunes.
I empower creatives, bloggers, and coaches break the cycle of overwhelm and burnout, and scale beyond their dreams so they can step into that lifestyle of freedom they actually want and truly deserve--and they can do it right now.
As a former teacher, my goal is always to help you understand how to do it on your own and how different techniques, strategies, and tools apply to you and your business. There is no one right way to run a successful business!
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