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Sole Proprietorship vs LLC: Which is right for your candle business?

Автор: CandleScience

Загружено: 2024-05-23

Просмотров: 1171

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Wondering if your candle business should be a sole proprietorship or an LLC? 🤔 In this video, we break down both of these business options, along with the pros and cons to help you make an informed decision. Whether you're just launching your candle business or looking to restructure, understanding the advantages and differences between a sole proprietorship and an LLC is crucial for your success.

00:00 Intro
00:19 Do I need an LLC to start selling candles or soap?
00:29 What is the difference between a Sole Proprietorship and an LLC?
01:08 Which one is right for me?
01:31 What are the benefits of an LLC?
02:21 What are some cons of an LLC?
03:04 What are the benefits of a sole proprietorship?
03:32 What are the cons of a sole proprietorship?
03:58 Secret bonus bbq question

Read more: https://www.candlescience.com/should-...

#soleproprietor #llc #businessstructure #candlebusiness #soapbusiness #productbasedbusiness #smallbusinesstips #candlescience #candlemaking #soapmaking #diycandles


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Welcome to the official CandleScience YouTube Channel where you will find helpful information, tips, and step-by-step instructions for a variety of candle making projects. If you have an idea for a project or would like to see us cover a particular aspect of candle making please let us know by sending an email to [email protected].

CandleScience is your source for everything you need for candle making, plus expert advice. Shop at candlescience.com for all of your candle and soap making supplies and fragrances at wholesale prices.

Sole Proprietorship vs LLC: Which is right for your candle business?

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