Podcast S3E47 – FB Live 59 – Location Independent Business, Part 2 – Registering as a foreign entity
If you’re ready to do business in other states, have remote team members, or you’ve been doing business in other states for years, my latest episode of the Legal Road Map® podcast is a great overview of important considerations for location-independent and online business owners.
In this week’s Facebook Live video and podcast episode I begin to cover this complex topic, touching on:
– Why registering as a foreign entity in other states could apply to online businesses as well as location-independent businesses
– What constitutes “doing business” in another state
– The tricky nuances of having independent contractors and employees in other states
– The consequences of not registering as a foreign entity in states where you do business
Key takeaway: Fifty states can mean 50 different answers when it comes to doing business in a state outside your own. Seeking the advice of a trusted lawyer can prevent a legal nightmare for your online or location-independent business.