Podcast S3E46 – FB Live 58 – Running a location-independent business legally
If you’ve been plotting your escape to work from your laptop anywhere in the world, this episode will inspire you to take the first concrete steps to being location independent. If you’re already running an established, 6-figure+ business and you’re ready to take your show on the road, legal is not an area you want to DIY.
In this week’s Facebook Live video and podcast episode I begin this month’s series on this complex topic, touching on:
Considerations for choosing the right corporate entity for your location-independent business
Where to set up your entity
What a registered agent is, and why you might need one, especially if you’re location independent
How to handle your business’s office address, or “principal place of business” (you usually can’t use a P.O. Box)
Why you need to consult with a tax expert
Choosing a bank that will work for you, wherever you’re located in the world
Key takeaway: Making sure you have your legal ducks in a row will allow you to truly enjoy the freedom that a location-independent business provides.