Today, Jacob asks if he really needs to create a full-on business. Seems folks are already paying him for technical services (that's great!), but he doesn't have a business entity yet.
Should he take all those steps to form a business, when everything is going so well? After all, clients are paying him without any formal business structure at all. Why change?
This is a great question in a couple different ways. And it dovetails nicely off last week's Q&A episode 007, where Tracy had the "prequel" question. Jacob, I have have some thoughts on this. In today's show you will learn:
1. The signs it's time to go pro.
2. The benefits of going pro.
3. When it's time, what are the next 3 steps? ((Business entity, bank account, insurance))
4. Other options to not starting a full business. (Freelance sites, "babysitter syndrome".)
Lots more on the audio show, so let's get it started!
