Running a Web Design Business
Defining Your Business Structure
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Sole proprietorship, general partnership, corporation, or LLC? Choosing a business structure is one of the tougher decisions web designers face when establishing a new company. In this course, entrepreneur Martha Garzon walks you through the advantages and disadvantages of each business model, and helps you decide which one is right for you. You'll also take a deep dive into two key business structures–sole proprietorship and LLC—to see how they affect licensing and permitting processes, taxes, and recordkeeping for a hypothetical web design business. This practical information will help you clear early legal and financial hurdles, and help make sure your business hits the ground running.
Contents:
- Introduction
- 1. Overview of Business Structures
- 2. Sample Businesses
- 3. Forming a Sole Proprietorship
- 4. Forming a Limited Liability Company (LLC)
- Conclusion
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Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Owner Sole Proprietor 1 $39k
Owner Sole Proprietor Lead $55k
Freelance Owner Sole Proprietor $64k
Assistant Sole Proprietor Manager $73k
Staff Sole Proprietor $75k
Sole Developer $82k
Sole Practitioner Consultant Expert $100k
Sole DATA NETWORK ACCOUNT EXECUTIVE $102k
Sole Market Maker and Proprietary Trader $112k
Sole Proprietor Consultant Manager $125k
Sole Proprietor Consultant Lead $131k
Principal Owner Sole Proprietor Consultant $161k
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