LLC vs. S-Corp for Our Locums Business Explained. #449
Docs Outside The Box
Dr. Nii Darko
4.9 • 516 Ratings
🗓️ 21 February 2025
⏱️ 31 minutes
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| 0:00.0 | Are you incorporated as an S-Corporation or LLC? |
| 0:03.0 | The most important thing before we even decided between LLC and S-Corporation is, |
| 0:08.0 | we're starting a company where we're taking care of people in a medical-related fashion. |
| 0:13.0 | So we need a way to protect ourselves from what we do from a business standpoint |
| 0:18.0 | versus what we do in a personal standpoint. |
| 0:20.0 | So if someone sues us or if |
| 0:22.7 | there is a major calamity that occurs with work, should that necessarily bleed into how we pay for |
| 0:29.1 | our mortgage or how we save money or how we pay bills or anything like that? And the way in which |
| 0:34.2 | most people protect themselves is by creating a company and do something |
| 0:38.1 | that's called an LLC. |
| 0:39.5 | So when you become a limited liability corporation, you're telling the state, the federal |
| 0:43.6 | government, and you're telling anybody else that this is a corporation, this corporation, |
| 0:47.9 | this company is separate than Neidarko and Renee. |
| 0:50.7 | All right, what's good, everyone? |
| 0:51.7 | Welcome to another episode of Docs Outside the Box. |
| 1:14.1 | This is actually another episode of What Y'all Say Friday. What y'all say, it's Friday. What y'all say, it's Friday. What you got to say? Friday. Tell me what you say, it's Friday. Yeah. So we do need theme music. It'll be nice if we can have theme music and we should check out maybe like seeing if one of the users or one of the listeners can send us some beats. |
| 1:17.6 | Really? |
| 1:18.6 | Yeah. |
| 1:19.6 | Because I think it would be nice to have theme music for this. |
| 1:21.6 | How much you willing to pay for that? |
| 1:23.6 | DM us. |
| 1:25.6 | Let us know if you are interested in wanting to create some background music for us, |
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