Remote work sounds perfect, but do you need to set up an LLC?
Tulsa is a great place to live! With $10,000 added, it couldn’t get any better. Kate Smith with CBS News, reports “In partnership with the George Kaiser Family Foundation, which is footing the bill, Oklahoma’s second-largest city announced an incentive package targeting remote workers to relocate to Tulsa. The deal includes $2,500 toward relocation costs, a $500 monthly stipend and a $1,500 bonus at the completion of 12 months in the city, according to the program’s website. To qualify, you must be a full-time remote worker or self-employed outside of the state.” But, you might want to set up an LLC to protect yourself!
If you’re considering accepting the offer to come as a remote worker, it’s important to understand the terms and arrangements. If you’re going to operate your own business
If you’re going to be in business, whether accepting remote assignments or working out in the public, you need an LLC or corporation for liability issues that can surprise you.
Self-employment is seemingly on the rise! Why? Well, technology for one reason. It’s easier than ever to set up an LLC or other home business and have customers and clients all around the world! Besides, the corporate gig isn’t all it’s cracked up to be. People grow old as careers stall and glass ceilings are hit.
The new alternative is business from home with a remote or virtual office! You do all the things you did at your old job, but without all the hassles, red tape, and especially the grumpy old boss!
So, if you’re considering launching your own shop as a freelancer, remote worker, or in any other capacity – give serious thought to starting your own LLC and protecting your hard-earned money!