LLC Explained: Mastering LLCs for Ultimate Music Industry Domination

Music Money Makeover Show
Music Money Makeover Show
5.3 هزار بار بازدید - 2 ماه پیش - Dive into the world of
Dive into the world of LLCs tailored for the music industry with "LLC Explained: Mastering LLCs for Ultimate Music Industry Domination." This video is your ultimate guide, shedding light on the specific types of LLCs, including Standard, Loan Out, Operations, Holdings, and Parent LLCs, and how they can be strategically used to protect your assets, minimize taxes, and maximize your growth in the music business. Whether you're just starting or looking to expand, we break down complex concepts into actionable steps, ensuring you're well-equipped to navigate the industry's business side. Join us as we explore the roadmap from being an artist to becoming a music mogul, all through the power of LLCs.

00:00 - Let’s talk!
00:46 - Standard LLC (Operations + Holdings)
02:53 - Loan Out LLC
04:42 - Operations LLC
05:16 - Holdings LLC
06:30 - Parent LLC
07:11 - Parent LLC Example #1
09:08 - Parent LLC Example #2
09:34 - “Hey man I’m just starting, why should I know this?”
09:47 - “When can I start a parent LLC?”
10:14 - “Why doesn’t the holding company have a bank account?”
11:28 - Starting Off Small
11:43 - Going Big Too Fast
12:04 - Final Thoughts

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