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You're an Entrepreneur. It's time to form your business.

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Posted 20th August 2011 at 09:14 AM by mjd081

The Warrior Forum, specifically the War Room, is filled with entrepreneurs from all walks of life. We are all working to secure some sort of passive income, whether it's to supplement our current job or to become fully self-employed and live the dream. As with everything else in this world, lawyers have almost ruined entrepreneurship as well. You see, if you start your own business, you are automatically operating as a Sole Proprietorship. This means that you are personally liable for lawsuits (should someone try to sue one of your websites) and debts of your websites. This is a huge problem. Lawyers and debtors can come after ALL of your personal assets, which is why you should consider forming an LLC or a Corporation. What this does is make your business its own legal entity so you are NOT liable for anything personally. This also gives you credibility within the community, not to mention a cool title! Anyway, LLCorInc.org is a site I created for people like us. It breaks down the differences between LLC's and Corporation so that regular joe's can learn how to form an llc or corporation without spending an arm and a leg. Check out my Free How to LLC or Incorporate Guide to learn more!
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