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Earn Your Leisure

Advance Placement: How to Get a Virtual Address for Your Business

Earn Your Leisure

iHeartPodcasts

Business News, Careers, News, Entrepreneurship, Business, Education, Investing

4.97.9K Ratings

🗓️ 27 April 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this Advance Placement we talk about getting a Virtual Address to make your business more professional and this way you keep your personal address private.


#earnyourleisure #eyluniversity #VirtualAddress



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Transcript

Click on a timestamp to play from that location

0:00.0

when you're filling out your paperwork and it comes to that part where it says address, right?

0:08.0

Don't use your personal address because everything that you fill out with the secretary of state, you fill out with the IRS, people can Google it and then Google, not you Google.

0:21.0

And people will Google it, okay? They will look you up certified bona fide and your address will pop up there. So a good solution.

0:28.0

What we're recommending is that you use a virtual address, okay? And this will help you keep your personal information private to keep your address off the big old web.

0:38.0

Okay.

0:40.0

You look more like a professional and it's a secured fixed address. And guess what? The mail that's going there can be forwarded to you. So it's like a all in one, okay? Now I know it's some shade out there by our postal.

0:57.0

But there are some people that have great success with it. Okay. You can go back and check one study hall for some suggestions or the work, the participant work guys, what I like to call it.

1:11.0

So again, when you get this business telephone number, the same that you did with the virtual business, make sure that you get a different, a different telephone number other than yours. I don't want it bringing to your cell phone, unless you have like dual numbers.

1:25.0

And you could probably get that from your carrier. This keeps your personal information, private. And you look like a professional, okay?

1:34.0

So another helpful hint to when you do get your business telephone number, be sure to register it will 4011, okay? It helps people to find you when they searching your entity and it just

1:48.0

when they say people find you, the banks, they do they research too. Okay. So if you are Google or searchable banks will definitely open up the door and say welcome, come on in. We have other products behind these other doors. Okay, just keep that in mind, especially when we're all here building these relationships with banks.

2:13.0

So this course, we're going to go over to LLCs real quick. This course, you know, recommends that you choose an LLC as an entity type, which lets you take advantage of the benefits of both the corporation and a partnership business structure.

2:27.0

Okay. Now to register your LLC, you need to submit your articles of incorporation or formation. You can choose to have a service set this up for you or you could do the DIY method that we went through in this course.

2:41.0

You know, if you want to use a free service totally up to you. Okay, nobody's judging you. You could do it on your own. However, you want to set this up. Just know that, you know, there is a fee sometimes associated with filing your business with the state. Okay.

2:59.0

So just keep that in mind. So even if you use a free set up service, they're still going to have to charge you the fee that you're setting your the state, the fee that the state charges that you're going to set your LLC up in. Okay.

3:11.0

So even though everything else is free, you're still going to have to pay for that regardless of how you set your business up. All right. So I want to know what state are you.

3:22.0

I'm dropping or creating your LLC and what state are you creating it or have you created it and you could drop that in the chat for me.

3:35.0

Andy and Abel is all might be coming at us some time Tennessee Michigan Nevada come on the lot of what's on those know is it no text. Yeah, I think y'all like the no text state of something right like Delaware.

3:50.0

Michigan Texas. Yes.

3:57.0

DC.

4:02.0

Absolutely. Y'all know me. I love me some DC. Come on. Come on. I love me some DC.

4:09.0

Colorado. Awesome. Awesome.

...

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