Where I've Been... (Big news!)
1:45
I Made a Mistake...
9:32
Жыл бұрын
How to Pay Yourself from Your LLC
11:17
What to do AFTER you form your LLC
11:19
Пікірлер
@Sustainavore
@Sustainavore Күн бұрын
Thanks for the info. Many of your links are broken, unfortunately
@TACOMASRT5
@TACOMASRT5 2 күн бұрын
You keep saying on line business. I'd like to start a business building custom motorcycles. I've already got an LLC I was told to get an EIN So I could go to the bank for a business loan
@AlinaBartuli-v2q
@AlinaBartuli-v2q 2 күн бұрын
It's 2024 now and most banks do not accept a virtual mailbox any longer as a physical address in the US, some allow to use a trusted friend/family member address.
@sharriceowens913
@sharriceowens913 2 күн бұрын
I understand everything except the piercing the veil part at the end can you elaborate
@BOLLERguy
@BOLLERguy 2 күн бұрын
For anyone who doesn’t want the stress of setting up an LLC, Nexalic takes care of it all. No time wasted, no errors-I wish someone told me about this sooner. Best of luck, everyone!
@AbdulMalikOrgunai
@AbdulMalikOrgunai 4 күн бұрын
Where can I get your contact information from ?
@jimdolan4327
@jimdolan4327 6 күн бұрын
Great info - thank you! I might have added as Step One: retain a great business law attorney.
@jimhart
@jimhart 4 күн бұрын
Good call! I like that idea!
@Jhook6997
@Jhook6997 7 күн бұрын
So for my merchandise could I put "Seriously, fuck IGN?" Or is that trademark infringement because IGN is a trademark
@GaryHolland-u7w
@GaryHolland-u7w 8 күн бұрын
as a person starting out as mobile mechanic should they have a llc
@jackie-heysmileblog7
@jackie-heysmileblog7 8 күн бұрын
Jim hert give us more of those funny emotions in your videos, I shared your video to many people but I called you the lawnmower guy funny emotions. They too laugh so hard.
@jackie-heysmileblog7
@jackie-heysmileblog7 8 күн бұрын
Yes nenelindorosale, I love how he did Express the action and how he said it. I just go back and watch that part every time when I need a good laugh
@Bucket3Travel
@Bucket3Travel 9 күн бұрын
It could be exactly the opposite. Patent trolling affects many businesses and trademark processing could be greatly enhanced with appropriate AI assistance. Musk understands how critical patents and trademarks are to keep the US relevant. Bet you a $1
@jimhart
@jimhart 8 күн бұрын
Maybe - I was reading through project 2025 - there is a section on the trademark office and how it would be handled
@StraitjacketFitness
@StraitjacketFitness 9 күн бұрын
.)•(..}•{..]•[../•\..)•(..}•{..]•[../•\. Just some more comments and a Like for the algo. ****************** ****************** We're all gonna make it. ******************
@StraitjacketFitness
@StraitjacketFitness 9 күн бұрын
.)•(..}•{..]•[../•\..)•(..}•{..]•[../•\. #AlgoGainz
@StraitjacketFitness
@StraitjacketFitness 9 күн бұрын
.)•(..}•{..]•[../•\..)•(..}•{..]•[../•\. #AlgoGainz
@earthynworthy
@earthynworthy 9 күн бұрын
This is interesting. Also a bit absurd. Sounds like they are starting in the wrong direction.
@tim2tim
@tim2tim 9 күн бұрын
The video poster is speculating the reforms won't improve the already hideously terrible situation at government offices. With the threat of cuts workers are more likely to improve there processes.
@bkfromtherockies
@bkfromtherockies 9 күн бұрын
If the Trump administration is going to make changes to remote work, then it will have big effects to the processing of stuff at the US Patent Office since the majority of its staff work from home.
@tim2tim
@tim2tim 9 күн бұрын
Yeah don't bring them back to the office. I've been behind the scenes at many govt offices and the bulk take countless coffee breaks, chit chat outside cubicles, wasting time in mental health meetings, getting very little done all day. They'll cost the tax payers less watching Netflix at home.
@tim2tim
@tim2tim 9 күн бұрын
This assumes the stupidest kind of cut backs. Why don't you assume they will make smart government cut backs and reallocation of government employees to pro small business services? You even mentioned it was faster pre covid sooo probably a bunch of waste and miss management going on up in there.
@jimhart
@jimhart 8 күн бұрын
The delays have nothing to do with waste - they are largely the result of a flood of foreign applications as a result of Amazon brand registry. More apps without an increase in people to handle that demand = longer wait times. And if you cut workers without siphoning off the added apps, then the delays will increase. It's simple math.
@jackie-heysmileblog7
@jackie-heysmileblog7 10 күн бұрын
Bro. The mower dont know that you are recording, you make me laugh it was fun watching u when the mower started 😂😂😂😂
@HxC_Fragman
@HxC_Fragman 15 күн бұрын
If youre not making any money yet then you should have an LLC if you could afford it because if you screw up in an unregistered manner, youll lose everything you have under your name, no? LLC is purely worth the anonymity in itself.
@jimhart
@jimhart 11 күн бұрын
An LLC in and of itself will not provide anonymity.
@ViceCoin
@ViceCoin 15 күн бұрын
No net income, no assets, no need.
@jimhart
@jimhart 11 күн бұрын
Yes and no - I changed my tune on this slightly in this video - kzbin.info/www/bejne/nJXSl2SDeLCNY6c
@mississippioutpost2895
@mississippioutpost2895 16 күн бұрын
Thank You, Mr Jim
@rebeccasimmers9363
@rebeccasimmers9363 17 күн бұрын
Do I even need to register as a business with the state if I'm going to run 2 online stores and a subscription blog? How much combined monthly income would warrant a business license?
@jimhart
@jimhart 16 күн бұрын
That depends on the state and municipality where you live
@rebeccasimmers9363
@rebeccasimmers9363 14 күн бұрын
@@jimhart where would I find out what that threshold is for my state?
@PanchoGomez-x6t
@PanchoGomez-x6t 17 күн бұрын
Looks like you changed your mind, as you'd said an LLC was 100% necessary in a previous video (kzbin.info/www/bejne/iZy4knhmr6eohsU)
@jimhart
@jimhart 16 күн бұрын
That was probably a subsequent video? I think it really depends on the individual entrepreneur and the type of business. Some people run hobby businesses and I don't think it is necessary whereas others are trying to build a service based or online business that is generating significant revenue and in those situations an LLC is a must.
@sana.m.haddad
@sana.m.haddad 17 күн бұрын
How about a last name followed by a word, like Smith Engines? Can i trademark it?
@jimhart
@jimhart 16 күн бұрын
Yes - but depends on the name
@sana.m.haddad
@sana.m.haddad 16 күн бұрын
@@jimhart Thanks What do you mean? If it's my last name, can I?
@kiarashjahan8780
@kiarashjahan8780 18 күн бұрын
I have a question… 🙋🏽‍♂️ I just started my LLC a year ago. It’s time for me to file taxes so I know I have to do that with the IRS and someone told me file a statement of information stating that I made and had no income from the LLC that year. Not sure who to send that to. I guess I’m just a little lost on besides filing taxes and reporting to the secretary of state and pay my fees. What else do I need to do with my LLC and who else do I need to report to to keep it in good standing. I have no income, but I’m working on changing that. Thanks
@jimhart
@jimhart 16 күн бұрын
It depends on the state you live in. Please feel free to reach out and schedule a consultation if you have more questions: hawthornlaw.net/call
@bryanbriones916
@bryanbriones916 18 күн бұрын
Awesome I’m at level one
@lovelyreek8519
@lovelyreek8519 18 күн бұрын
Thank you for this video. My business is already established (10 years) with the Department of State as a sole proprietor. I want to convert to an LLC. Should I keep my business name and add LLC, or can I rename it with an abbreviation instead? Example Construction Co as CCO?
@jimhart
@jimhart 16 күн бұрын
Can't give you legal advice in the comments, but feel free to schedule a consult and we can walk you through it.
@NzhczjvzHzuvsuzh
@NzhczjvzHzuvsuzh 19 күн бұрын
thank you bro §
@jimhart
@jimhart 16 күн бұрын
You're welcome!
@TinCanHoboTCG
@TinCanHoboTCG 20 күн бұрын
Wanting to sell trading cards online so very glad to hear this.
@DrRickHonea
@DrRickHonea 21 күн бұрын
LLC or trust?
@jimhart
@jimhart 11 күн бұрын
For what?
@jessepompa5592
@jessepompa5592 21 күн бұрын
Thank you! Very helpful information. I was more interested in what to call the distributions to myself - Owner/member distributions sounds perfect! 👍
@jimhart
@jimhart 16 күн бұрын
Glad it was helpful!
@kimberlybrewerlife53
@kimberlybrewerlife53 22 күн бұрын
FINALLY! SOMEBODY FREAKING HONEST! THANK YOU! : )
@bdmixchannel3011
@bdmixchannel3011 23 күн бұрын
its really Amazing . it help us to choose the best LLC formation service for our business.
@jimhart
@jimhart 16 күн бұрын
Glad to hear that
@JennyRasmuson
@JennyRasmuson 25 күн бұрын
Hello!! Do you know how an online retailer can go about not being issued an specific Reseller’s License in Wyoming? It’s needed at the time of buying wholesale but I heard they wouldn’t issue one for that particular purpose. What do you l ow about this, please ? Thanks.
@jimhart
@jimhart 25 күн бұрын
I don't get into state specific rules outside of where I am licensed, sorry!
@nestorgalo5975
@nestorgalo5975 26 күн бұрын
It is not easy making videos it takes lots of effort and concentration, but you did a great job. Some visual aids can be helpful as some individuals may comprehend by sight. Thanks for the information.
@cathy349
@cathy349 28 күн бұрын
So funny and on point. Thanks!
@jimhart
@jimhart 25 күн бұрын
Glad you enjoyed it!
@freese271
@freese271 29 күн бұрын
Stumbled on a topic I always need to brush up on. Hope you're doing well in LIS
@jimhart
@jimhart 25 күн бұрын
Thanks! I am back in North Carolina now!
@StephenFiore-f4p
@StephenFiore-f4p Ай бұрын
1x(10/28/24)………..done thank you
@StephenFiore-f4p
@StephenFiore-f4p Ай бұрын
1x(10/28/24)…..0
@StephenFiore-f4p
@StephenFiore-f4p Ай бұрын
1x(10/28/24)……done thank you
@JackedJavelin
@JackedJavelin Ай бұрын
watching this at 6am on a Monday and the music got me fired up for the week
@dudinho7348
@dudinho7348 Ай бұрын
Great honest advice
@jimhart
@jimhart 25 күн бұрын
Thank you!
@courmdfd
@courmdfd Ай бұрын
The state where you register DOES matter. Advising to just register in the state where you live is poor. Every state has different jurisdictions.
@AngelaTaylor-h7m
@AngelaTaylor-h7m Ай бұрын
I am so pleased that you are not boring and that you are funny because it makes it easy to learn I wish you had a law firm in GA
@jimhart
@jimhart Ай бұрын
We work with business clients nationwide!
@Jmunn4z
@Jmunn4z Ай бұрын
I like you sir! Great vid, and lots of encouragement. 👌🏽
@jimhart
@jimhart Ай бұрын
I appreciate that!
@bayargelenkhuu2933
@bayargelenkhuu2933 Ай бұрын
Thank you so much for this video, even though it was made four years ago. Someone contacted me with a proposal to set up the LLC business for me for $600$. Thank God I watched your video. I qualify for all those reasons why you shouldn't have an LLC.;)
@jimhart
@jimhart Ай бұрын
Glad it was helpful!
@lisajones385
@lisajones385 Ай бұрын
Why would I start a business without an EIN? I don’t want to throw my personal SS number around the internet.
@jimhart
@jimhart Ай бұрын
You can sign up for an EIN with your SSN - and I recommend that if you don't have an LLC
@tesfaymengesha
@tesfaymengesha Ай бұрын
You are kind teacher exelent❤❤❤❤
@jimhart
@jimhart Ай бұрын
Thanks!
@donnridgway1298
@donnridgway1298 Ай бұрын
Thanks help me lots earned my sub
@jimhart
@jimhart Ай бұрын
Thanks for the sub!
@nicoleconley6961
@nicoleconley6961 Ай бұрын
You’re the cat’s pajamas Thankyou!
@jimhart
@jimhart Ай бұрын
Thank you!
@bernielomax3635
@bernielomax3635 Ай бұрын
So, what I've known all along turns out to be true. I'm too damn poor to be sued. HA! I don't even own a car! If someone stole my identity, it would improve my credit score. HA!