What`s Best? LLC, INC or Sole Proprietorship

Start your hot dog cart or vending business the right way! Pros & Cons Of A LLC, INC or Sole Proprietorship.
All right, all right, all right! I am happy to be here. Howdy to you! We`ve got a good question...
Ben, father of 10, bankrupt, homeless and on food stamps made over $8000 his first month in a little po-dunk town in East TN. with a broke down hot dog cart. He’s gone on to help over 16,000 vendors gain freedom with catering, hot dog carts and street food: vendorsunited....

[@888manifestations2]

Howdy Ben 👋 and thanks alot it helped a bunch

[@BensCarts]

Glad to hear it!

[@em3plum]

thanks ben for answering my question

[@earnestjohnson6744]

food vendors go sole proprietorship

[@davidcampling4572]

At 17:12 you mentioned having insurance from day 1 - what type of insurance are you referring to?? Thanks, DC

[@BensCarts]

Liability. learnhotdogs.com/vendor-insurance-makes-you-more-money/

[@ianscianablo8507]

Hey Big Ben. But by the end of the year when you convert how much time is involved to convert? How long will it take a lawyer to convert sole pro to LLC? How many diff apps are needed for record keeping? What are their names? Thanks!

[@BensCarts]

Doesn't take a lawyer, it's usually a form online. Legalzoom does it for about $100 for ya.

[@ianscianablo8507]

@@BensCarts Legal Zoom is fiendishly trying to upsell me.

[@bnvablickbang5645]

Can you be sole proprietorship if you are bankrupt

[@BensCarts]

Absolutely.