About This Show
The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States. Host Justin Goodbread is a serial entrepreneur, CFP (Certified Financial Planner), CEPA (Certified Exit Planning Advisor), and business strategist with over 20 years of experience.
Most Recent Episode
Ep. 048: The Five Types of Business
4 days ago
In episode 48 of Financially Simple, Justin looks at the various types of Business Entities. When starting a business, it’s a good idea to choose a formal entity that will suit the type of business and give it legal standing. Justin gives an overview of the different types of entities startups and existing businesses can choose from, listing the pros and cons of each, as well as the documentation required. TIME INDEX: 00:30 - The Five Types of Business 01:43 - A Sole Proprietorship 04:24 - C Corporations 07:26 - S Corporations 10:35 - Partnerships 13:16 - Limited Liability Companies 18:08 - Why choose one entity types over another? 21:29 - The necessary paperwork USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter The Mark Kohler Show DISCLAIMER: Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.
Episodes of This Show
7 days ago