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Speaker 3: Welcome to Fearless Fabulous You. I am your host, Melanie Young,
Speaker 3: and I enjoy helping women like you and me live
Speaker 3: empowered lives on their terms. We're going to talk about
Speaker 3: a very important topic today that I have a lot
Speaker 3: of ex experience with, as does my guest. Many women
Speaker 3: want to start their own business. It is the beginning
Speaker 3: of the year twenty twenty five, and you know it's
Speaker 3: a great time to think about starting your own business.
Speaker 3: Maybe you want to have an independent business to have
Speaker 3: more freedom. Maybe you how are switching careers, maybe you've
Speaker 3: been downsized, whatever, Maybe you want to side business. But
Speaker 3: we are going to talk about how to set up
Speaker 3: your home based business so that you make the right
Speaker 3: steps and avoid any missteps. Joining me is Aaron Morosick.
Speaker 3: She is a specialist with legal Zoom, which I have
Speaker 3: used to set up my businesses, and we're going to
Speaker 3: take you through some essential steps. Aaron, welcome to Fearless
Speaker 3: Fabulous You.
Speaker 4: Thank you, it's so great to be here.
Speaker 3: Well, the biggest question is, you know, I assume my
Speaker 3: listeners think they want to start a business, but what
Speaker 3: kind of business can you start? You know, we know
Speaker 3: they're different options between escorp, LLC, DBA and sole proprietorship.
Speaker 3: Can you just, with brevity lead us through those to
Speaker 3: understand what may work best for someone who's maybe single
Speaker 3: practitioner versus employees.
Speaker 4: Sure, I would be happy to and knowing that your
Speaker 4: audience is primarily female, I also want to share a
Speaker 4: really fun fact. The Bureau of Labor and Statistics has
Speaker 4: shared that last year was the highest percent of female
Speaker 4: self employed businesses at forty three percent. So we are
Speaker 4: talking to the right individuals today in terms of what
Speaker 4: you have to consider determine what kind of company you
Speaker 4: are looking to set up. Are you looking to run
Speaker 4: it completely by yourself with no employees, no partners, you
Speaker 4: have very limited liability that you're worried about. If so,
Speaker 4: a sole proprietorship could be right for you. It's very
Speaker 4: easy to manage. There's really no tax implications. If you
Speaker 4: want to potentially have employees, if you might want to
Speaker 4: have a partner, if you are concerned about any kind
Speaker 4: of lawsuits or financial implications, and you want to keep
Speaker 4: a barrier between your personal assets and your business assets,
Speaker 4: and LLC is potentially the way to go. If you're
Speaker 4: looking to make this pretty large. You might want to
Speaker 4: have shareholders, you want to have employees, you might want
Speaker 4: to go out and earn capital, raise capital, you might
Speaker 4: at some point want to sell stock. A corporation is
Speaker 4: quite likely the right fit for you. So those are
Speaker 4: some of the things that you have to consider when
Speaker 4: you pick the entity type as you start your business.
Speaker 3: What about a DBA.
Speaker 4: Yeah, so a DBA is just that's an acronym for
Speaker 4: doing business as So, if you pick a sole proprietorship
Speaker 4: or an LLC or a corporation and you come up
Speaker 4: with a name for it, you might want to do
Speaker 4: business under a different name. So let's say I've started
Speaker 4: a business called Joey's Donuts, and now I've decided to
Speaker 4: launch a bagel company. I want everything to roll up
Speaker 4: under Joey's Donuts. But I don't want to call my
Speaker 4: bagel company Joey's Donuts because that could be misleading. So
Speaker 4: I might have a breakof that, says Debas Joey's Bagels.
Speaker 4: So it's just a way to rebrand if you have
Speaker 4: a different name you want to assign to your business.
Speaker 3: Great point. So you have to file paperwork and a
Speaker 3: lot of people may think, is it going to cost
Speaker 3: me a lot of money to do this? What are
Speaker 3: the essential paperwork you need to file?
Speaker 4: Yeah, So when you are ready to file your business
Speaker 4: articles of organization is a fancy way of saying, register
Speaker 4: your business with a Secretary of State. The other paperwork
Speaker 4: that you need is really truly state dependent. You might
Speaker 4: need an initial report, you might need to have different
Speaker 4: licenses and permits in going about this, And so as
Speaker 4: you're going through this, you really want to look at
Speaker 4: a company that can help you navigate and figure out
Speaker 4: what paperwork do you need depending on your state and
Speaker 4: each state has different rules.
Speaker 3: Well that's interesting, Aaron, because I have moved three states.
Speaker 3: So and a lot of people are working remotely in
Speaker 3: a digital nomads doing their job. Yeah, does it matter
Speaker 3: where your business is dominciled? Do you have to have
Speaker 3: a business? Does your business have to be where you
Speaker 3: are doma siled or can you have your business in
Speaker 3: another state because it's more advantageous to the business.
Speaker 4: Yeah, great question. You do not have to put your
Speaker 4: business in the place in which you live. Many many
Speaker 4: people choose a state other than where they live to
Speaker 4: register their business. And so when you're looking at the
Speaker 4: rules of the road in your state, certain states have
Speaker 4: certain requirements, but quite often you might be running a
Speaker 4: national service or product, and hence it's okay to say, hey,
Speaker 4: I live here in California, but I am going to
Speaker 4: do this in Delaware for better tax implications. So yeah,
Speaker 4: you can really put your business and register it where
Speaker 4: you choose.
Speaker 3: Well, you know, Delaware here is a big one for this.
Speaker 3: Who should you consult? I would assume a tax advisor
Speaker 3: and a lawyer? What would he? How did each help
Speaker 3: you with this?
Speaker 4: Yeah? So talking to an attorney will help you from
Speaker 4: the legal implications of what you're trying to accomplish. Talking
Speaker 4: to a tax expert, a CPA typically will help you
Speaker 4: with the financial and tax implications of this. So if
Speaker 4: you're trying to figure out what's the best place and
Speaker 4: what's the right entity type, both of those professions can
Speaker 4: help you, and they can be sometimes expensive, So using
Speaker 4: something like legal Zoom, where you can also access those
Speaker 4: types of professionals, can be a more cost effective way
Speaker 4: to get those answers done.
Speaker 3: Well. I know this is important because when I did
Speaker 3: move my company, when I did physically move, my company
Speaker 3: was still in New York and I was still getting
Speaker 3: letters from the New York Department of State saying I
Speaker 3: was not filing certain state taxes, And I said to
Speaker 3: my CPA, but I'm not there, but my business still was.
Speaker 3: So I need to be mindful of that if you
Speaker 3: are planning to have the digital nomad life, I'm curious
Speaker 3: because of that, have you notice any changes in how
Speaker 3: businesses are done and has legal Zoom come up with
Speaker 3: any accommodations to address what I call the remote digital
Speaker 3: nomad business?
Speaker 4: Yeah, so really, depending on whether you're a remote digital
Speaker 4: nomad or you're trying to do it in the state
Speaker 4: in which you exist today, all of that has been
Speaker 4: figured out on the back end through legal Zoom. So
Speaker 4: we have worked across all of the different fifty states
Speaker 4: here as well as a district of Columbia to understand
Speaker 4: what are the rules of the road, what are the
Speaker 4: legal implications, and so as you're putting in your information
Speaker 4: to this very easy questionnaire, it will ask you the
Speaker 4: right questions so that you make sure you aren't putting
Speaker 4: in the wrong state or the wrong location for your business.
Speaker 4: But let's say your example, you've moved from New York
Speaker 4: and now you want to have it registered in a
Speaker 4: different location. You don't have to dissolve your business. You
Speaker 4: can keep it running. There's a very simple form called
Speaker 4: the foreign qualification where you can move the entity of
Speaker 4: your business from New York to wherever you've gone. If
Speaker 4: you choose to do.
Speaker 3: That, that's actually very valuable because I'm actually in the
Speaker 3: process of doing that because the State of New York
Speaker 3: sent me a dissolution. But then you're like, but I'm
Speaker 3: not dissolving the company. It gets very complicated, it really does.
Speaker 3: So if you are again, many individuals have a lot
Speaker 3: of side hustles, and do you have to set up
Speaker 3: individual businesses for each side hustle, and you run everything
Speaker 3: even if they're not related, or can you just run
Speaker 3: it under one entity.
Speaker 4: Yeah. So I don't want to give legal advice because
Speaker 4: I'm not an attorney, So I want to make sure
Speaker 4: that you know, as your listeners are thinking about this,
Speaker 4: it is really good that if you are planning to
Speaker 4: do multiple side hustles in different industries, potentially in different states,
Speaker 4: that you understand the legal ramifications of your choices. So
Speaker 4: I'm not going to make a blanket statement that you
Speaker 4: can do it all under one umbrella or all under
Speaker 4: one LLC, but I will tell you that at legal
Speaker 4: Zoom we have small business attorne needs that help with
Speaker 4: exactly these types of questions. And if you're trying to
Speaker 4: figure this out, and you know, you're obviously doing a
Speaker 4: lot of these, which is phenomenal. Most people are just
Speaker 4: figuring out the very first one. But if you're at
Speaker 4: the point of doing a lot of these, it is
Speaker 4: a really good idea to talk to an attorney and
Speaker 4: to make sure that you are getting your documents in
Speaker 4: order and you're setting it up correctly so that you
Speaker 4: don't get yourself in a pickle later on. And like
Speaker 4: I said, if you are seeking an attorney, either you
Speaker 4: already have one in your network, which is fantastic, Or
Speaker 4: you don't, you can visit legal Zoom and they've already
Speaker 4: vetted a whole network of small business attorneys.
Speaker 3: Yeah. I think it's really helpful because it's kind of
Speaker 3: like a go to source. What are some other considerations
Speaker 3: that individuals should think about when they're starting a business
Speaker 3: other than what we've touched on.
Speaker 4: Yeah, So some things that people need to think about is,
Speaker 4: you know, creating their website, potentially setting up their bank account.
Speaker 4: So in order to set up a business bank account,
Speaker 4: you would need an EI in which you can get
Speaker 4: when you form your business, making sure that you have
Speaker 4: your books in order. What we see a lot, especially
Speaker 4: this time of year being tax season, is small businesses
Speaker 4: did not separate their business expenses from their personal expenses.
Speaker 4: They're running it all on the same credit card, and
Speaker 4: that can make it really complicated at tax time. So
Speaker 4: at minimum, even if you don't get a business bank account,
Speaker 4: get a separate credit card, run those business expenses in
Speaker 4: one place and your personal expenses in another. It will
Speaker 4: save you hours at tax time. The other thing you
Speaker 4: should really think about is intellectual property. Do you need
Speaker 4: a trademark? Do you need a copyright? Do you need
Speaker 4: a patent? If you do, make sure that you are
Speaker 4: working with an attorney to get those things done. They
Speaker 4: are really really complicated processes of which we are here
Speaker 4: to help if you should seek that. And then the
Speaker 4: last thing I would say is a state planning. If
Speaker 4: you have family of any kind, which most of us do,
Speaker 4: it's good to have a willer a trust. If you
Speaker 4: have a business, you really should have a willer a
Speaker 4: trust because you want to make sure that that business
Speaker 4: has protections around it so that your heirrors know exactly
Speaker 4: what was intended and it doesn't get caught up in
Speaker 4: the court system. So those are some other things that
Speaker 4: I would encourage your listeners to think about once they
Speaker 4: get their business off the ground.
Speaker 3: Well, that's so interesting because I never would have thought
Speaker 3: about the will of the trust. You know. I want
Speaker 3: to add also, and you'll agree, have a have an
Speaker 3: attorney review your contracts. Don't just you know, well, you
Speaker 3: can go and get forms and do fill in the
Speaker 3: blank contracts. Every business is different, whether you're selling a
Speaker 3: product or a service, and it's important to have a
Speaker 3: master contract ready.
Speaker 4: Yes, and have the attorney review it before it gets signed.
Speaker 4: What we have found a lot of times is when
Speaker 4: our customers call into our attorneys and they say, hey,
Speaker 4: I have this situation. Can you help me out? And
Speaker 4: the attorney says, well, you've already signed it, so now
Speaker 4: it's really difficult to unwine that. Let's review the terms
Speaker 4: of your contract prior to signature so that you are
Speaker 4: set up for success. So I totally agree with you.
Speaker 4: If you are creating a contract of any kind, it's
Speaker 4: very good to get an attorney's eyeballs on that to
Speaker 4: make sure before it gets inked, it is in a
Speaker 4: place you want.
Speaker 3: It to be exactly. And I think it's really important
Speaker 3: that everyone you realize that an email cont well, everybody
Speaker 3: that's PDFs, you need to always have a file with
Speaker 3: hard copies available as well of everything, because I've been
Speaker 3: down that path. So you've got to have those contracts,
Speaker 3: handshake deals, emails. Yeah, let's do it.
Speaker 4: That doesn't work, no, I mean, you know, in an
Speaker 4: ideal world it would, but you know, we are a
Speaker 4: litigious society and having an inked contract is in your
Speaker 4: best interest as a business owner.
Speaker 3: And I think another point, while I still have you
Speaker 3: for your time, is that you need to think about
Speaker 3: business insurance.
Speaker 4: Yes, yep. And so as you're thinking about the industry
Speaker 4: or even the state in which you're in, the type
Speaker 4: of insurance that you need could vary. Some require a
Speaker 4: significant amount of insurance. Especially let's say you're you're a
Speaker 4: restaurant or a bar and you're going to have people
Speaker 4: on site and you're going to be serving food or alcohol.
Speaker 3: You're going to need a.
Speaker 4: Lot more insurance than say someone who's doing marketing consulting work,
Speaker 4: and you know, offering marketing ideas to companies. So really
Speaker 4: understanding the rules of the road of what you're offering
Speaker 4: and making sure that you have the right coverage to
Speaker 4: cover you.
Speaker 3: Even if it's a home based business and you really
Speaker 3: are just working with your computer or like me, podcast equipment,
Speaker 3: make sure you're covered with the technology clause as a writer, yep. Absolutely,
Speaker 3: And that also includes your intellectual property. You touched on
Speaker 3: intellectual property. You know, I'm a big believer in owning
Speaker 3: your name and your copyright. And also make sure you
Speaker 3: own your domain and all the little dot nets and
Speaker 3: dot dot dot.
Speaker 4: You red, yes, the dot net, you know, every single
Speaker 4: version of it. And the thing that people do really
Speaker 4: well is get that set up. The thing that people
Speaker 4: can fall down on is monitoring it. So once you
Speaker 4: do set up that trademark, create a trademark monitoring service
Speaker 4: so that you are making sure no one is infringing
Speaker 4: on your trademark or your domains. That's really critical.
Speaker 3: Yeah, and I don't think people realize how important that
Speaker 3: is until you realize somebody has just you know, used
Speaker 3: your name or your your tagline in their marketing. Which happened.
Speaker 3: Happened to me, so fortunately I was trademarked, Aaron. I
Speaker 3: know you have limited time with me. I value everything
Speaker 3: you've said. Any parting words.
Speaker 4: I would say, you know, to your female listeners out there,
Speaker 4: whether you're in early stage career or a later stage career,
Speaker 4: now is the time to pursue that passion. Really just
Speaker 4: believe in yourself. Give it a try. It's the most
Speaker 4: cost effective, easiest time to give this a try. And
Speaker 4: if it doesn't work, it doesn't work. But really go
Speaker 4: out there and believe in yourself. You are amongst many
Speaker 4: many females that are doing this today, and I know
Speaker 4: you have some male listeners as well, so just really
Speaker 4: give it a try and know that you know legal
Speaker 4: zoom can help you as you do this, and talk
Speaker 4: to your friends and family. Listen to podcasts like these
Speaker 4: where you can get tips. You know, visit different platforms
Speaker 4: where you can learn about starting a business. I think
Speaker 4: you'll really find it to be quite a lot of fun.
Speaker 3: Well, Aaron Moroasick with legal Zoom, thank you for joining
Speaker 3: me with your expertise. Listeners, hang in there because I'm
Speaker 3: going to give you some of my time tested I've
Speaker 3: been there, done that tips. After Aaron leaves, thank you
Speaker 3: so much. You're welcome.
Speaker 4: Thank you for having me.
Speaker 3: Absolutely. That was Aaron Morozek with legal Zoom. I have
Speaker 3: used legal Zoom myself for setting up the Connected Table.
Speaker 3: Before that, I had a company called em Young Communications.
Speaker 3: So let me just share with you some of my
Speaker 3: tips for setting up a business. First of all, really
Speaker 3: put down on paper what you want your business to be.
Speaker 3: I think it's really important to understand what is this,
Speaker 3: Why do you want to start a business, and what
Speaker 3: do you want your business to be? Create a business
Speaker 3: mission statement. Figure out from the beginning how you're going
Speaker 3: to make money running your business. A lot of great
Speaker 3: ideas are out there, but they don't necessarily generate money.
Speaker 3: Podcasts don't necessarily generate money, but they are great marketing
Speaker 3: tools to help promote businesses. My main business is the
Speaker 3: Connected Table. It is a consulting business in wine and
Speaker 3: business development, and I promote through the Connected Table Live
Speaker 3: Fearless Fabulous You came up the podcast because I wrote
Speaker 3: a book by the same name called Fearless Fabulous You,
Speaker 3: Lessons on living life on your Terms. And I decided
Speaker 3: that rather than higher expensive marketing public relations people I
Speaker 3: am that I have a background, that I would create
Speaker 3: my own voice and become part of the message, which
Speaker 3: is why I created this podcast. I felt very passionate
Speaker 3: about wanting to help women, and I had a book
Speaker 3: that I was selling and it's still out there. You
Speaker 3: can buy it on Amazon and many other sites, including
Speaker 3: my own Melanie Youong dot com. And I had another book,
Speaker 3: Getting Things Off My Chest, A Survivor's Guide to Staying
Speaker 3: Fearless and Fabulous in the face of breast cancer. So
Speaker 3: this show became my platform to connect with women and
Speaker 3: help them. And I have been asked as a business
Speaker 3: consultant often to help women ideize, idealize their business to
Speaker 3: help them move forward. I do not have tax expertise.
Speaker 3: I do not have legal expertise. I am not an
Speaker 3: ins and specialists, and I'm not a technology specialist. But
Speaker 3: I have worked with all of them to set up
Speaker 3: my businesses, and I know what mistakes can be made.
Speaker 3: And when Aaron talked about and I talked about registering
Speaker 3: the name of your business, that is a good smart
Speaker 3: step to trademark the name of your business. It will
Speaker 3: cost you, but it is worth it. All the documentation
Speaker 3: you need in the paper trail is worth it because
Speaker 3: you do not want to get into tax snaffoos, as
Speaker 3: I was very clear about. When I moved from New
Speaker 3: York to Tennessee to now New Orleans, I had to
Speaker 3: deal with the New York state tax people and get
Speaker 3: a CPA involved because I was penalized for not filing
Speaker 3: sales tax in a state I no longer lived in
Speaker 3: because I was so busy bopping around being a digital nomad.
Speaker 3: So think as you move and realize every step you take,
Speaker 3: every move you make, there will be a tax implication
Speaker 3: that you need to think about. So have a very
Speaker 3: good tax advisor and a very good attorney that you
Speaker 3: can call on. My home based business is very simple.
Speaker 3: I am not paid by any of the companies that
Speaker 3: I mentioned, but I registered all of my domains through
Speaker 3: go Daddy. I like their service. They have saved me
Speaker 3: a lot of money. I was using another couple of
Speaker 3: domain registrars before I just moved everything to go Daddy.
Speaker 3: It was simple. I've been very happy with them. I
Speaker 3: get no commission on that. I have a wonderful website developer.
Speaker 3: She's very reasonable. I do get referral bonuses. The name
Speaker 3: is webbing w E B E n E dot com.
Speaker 3: Her name is Monica. If you write me at Melanie
Speaker 3: at Melanie youong dot com Melanie M E L A
Speaker 3: n I E at Melanie Youong dot com, I am
Speaker 3: more than happy to connect you with Monica. She is awesome.
Speaker 3: She has designed both Theconnected table dot com and you
Speaker 3: dot com, and many of my friends have used her
Speaker 3: because she is reasonable, fast, smart, and I also pay
Speaker 3: Monica to just go in and clean things up and
Speaker 3: monitor my website for me. Go Daddy does that from
Speaker 3: one end, but Monica kind of goes in at the
Speaker 3: other end to make sure that there's no weird things happening,
Speaker 3: or when I do something really dumb like try to
Speaker 3: post something screw up the design. I know I can
Speaker 3: contact Monica to fix it because I can't. Go Daddy
Speaker 3: has been really great as well when I've had some
Speaker 3: malware issues. I mean, you know, listen, spend the money
Speaker 3: to get all the you know, different products to protect
Speaker 3: your website, whether it's askimat or anything about malware. Again,
Speaker 3: Go Daddy is a great source to recommend for that
Speaker 3: you don't have to use all their products. Monica has
Speaker 3: been really helpful in advising me as well. What I
Speaker 3: bottom line, make sure you have a trusted technology partner
Speaker 3: to help you with your website and your email and
Speaker 3: also setting up your social media. You're going to want
Speaker 3: to have a really great social media page for your
Speaker 3: business with what we call a CTA, a call to action.
Speaker 3: The call to action is contact us, let's do business,
Speaker 3: Email me, here's our phone, buy it now. It's the
Speaker 3: activity you want your fans, listeners, potential customers to do
Speaker 3: to take the next step. Make sure you've got all
Speaker 3: that information set up so if they're ready to try,
Speaker 3: buy or sign, you've got the paperwork, you've got the shopify,
Speaker 3: You've got all the detail you need to seal the deal.
Speaker 3: As a consultant. I mind, it is very simple. I
Speaker 3: have a contract. I had it vetted by a lawyer. No,
Speaker 3: I have not had it vetted lots of times. I
Speaker 3: have a simple contract. I have a simple invoicing system.
Speaker 3: Most people use quick books, very easy to use. I
Speaker 3: do my invoices on it Excel and I keep my
Speaker 3: accounting on QuickBooks. I am not a techno fiend. I
Speaker 3: should be THANKU. I have a husband, David helps me
Speaker 3: with certain things, but I do QuickBooks very simply. When
Speaker 3: it's time for taxes, I give my access. I want
Speaker 3: to keep it simple. I like selling, selling and promoting,
Speaker 3: not dealing with the back end of the business, which
Speaker 3: brings me to super important. Get a great bookkeeper. If
Speaker 3: you can't deal with handling your books and accounting, hire someone.
Speaker 3: It doesn't have to be full time, even if they
Speaker 3: come in once a month to clean everything up. Do it.
Speaker 3: But if you were growing your business, you need a
Speaker 3: really good bookkeeper. You need a really good CPA. You
Speaker 3: need a really good lawyer that you can count on
Speaker 3: when legal issues arise and contract time comes. You must
Speaker 3: have business insurance. It's so important. As Aaron said, and
Speaker 3: I agree. Get a business card or if you do
Speaker 3: or are using a personal card because maybe you don't
Speaker 3: have the credit yet to get a business credit card,
Speaker 3: just keep track of your expenses and try to have
Speaker 3: two different cards, one for business and one for personal
Speaker 3: so you're not intermingling. I've been tripped up on that myself,
Speaker 3: but trust me, it's easier to have separate cards. The
Speaker 3: other thing is if you start to hire people with staff,
Speaker 3: maybe a virtual assistant is the first way to go
Speaker 3: to help monitor time. Virtual assistants are great if you
Speaker 3: just need someone to be your assistant. Another thing is
Speaker 3: setting up a scheduling. If you are setting up a
Speaker 3: lot of meetings like Calendle or calendly is good. Again,
Speaker 3: I'm to make no money off any of this, but
Speaker 3: it is a time management program, So get a time
Speaker 3: management program. Consider a virtual assistant. When you're ready to
Speaker 3: make your first hire or bring on staff, you need
Speaker 3: more contracts for that, and you are going to probably
Speaker 3: need to eventually think about a human resources experienced person
Speaker 3: to help you because when you hire full time staff,
Speaker 3: you've got to plan their benefits program. I had a
Speaker 3: wonderful person called Dad who helped me with all of that.
Speaker 3: Rest in peace, Dad, Meljung was my CPA, my benefits person,
Speaker 3: and my overall guy. And frankly, when he died, I
Speaker 3: no longer want to have a business. I just I
Speaker 3: lean on him a lot and he was the best.
Speaker 3: And I had a really successful business in New York
Speaker 3: thanks to Dad. He really guided me. But you got
Speaker 3: to have that. You do not want to get bogged
Speaker 3: down as the head of the company and the face
Speaker 3: of the company and the person out there probably selling
Speaker 3: your business until you have a sales team. You don't
Speaker 3: want to get too bogged down in the administrative and
Speaker 3: the staffing and the human resources. You want to be
Speaker 3: aware of all of it. But you want people to
Speaker 3: help you. If you don't want to have full time people,
Speaker 3: outsource wonderful outsource companies to help you with temporary labor.
Speaker 3: Just make sure if you are hiring people as ten
Speaker 3: ninety nine freelancers, they are legitimately ten ninety nine, or
Speaker 3: you can get tripped up. If you are hiring people
Speaker 3: and you are requiring them to show up at your
Speaker 3: office or your home office, you're giving them a computer
Speaker 3: and a desk, and they have a set schedule to
Speaker 3: report to duty, they really are not ten ninety nines
Speaker 3: and freelancers. They are staff and you need to treat
Speaker 3: them that way. Same with interns. I know a lot
Speaker 3: of companies that have been tripped up on that. Legally,
Speaker 3: a freelancer is an independent contractor. They may have other clients,
Speaker 3: they have a home office or an other office that
Speaker 3: they rent, but they are not using your office unless
Speaker 3: they're running from you. So these are just some of
Speaker 3: the things to think about in a very big topic
Speaker 3: called starting your business and owning your name and your business.
Speaker 3: There's so much more to this, but I just wanted
Speaker 3: to touch on some basics. I hope this helps you.
Speaker 3: I'll probably be doing many more shows on this in
Speaker 3: twenty twenty five. I think it's an important topic. I
Speaker 3: want to help women like you develop their business. If
Speaker 3: you do need a consultant who can come in and
Speaker 3: be a sounding board, that's me. So you are welcome
Speaker 3: to contact me at Melanie at Melaniejong dot com or
Speaker 3: Melanie at the Connected table dot com. I can help
Speaker 3: you with your ideas. I can help you be a
Speaker 3: sounding board. I can put together a marketing and promotion plan,
Speaker 3: and I can connect you with people who can do
Speaker 3: the work and save you a lot of time. So
Speaker 3: Melanie at Melaniejong dot com. I'm here for you. But meanwhile,
Speaker 3: listen to my shows for free. Feel free to check
Speaker 3: out my substack Melanie Fabulous, and remember I'm here to
Speaker 3: help you. I love ending all my shows the same
Speaker 3: way because I have Believe me, I have started two businesses,
Speaker 3: I have side hustles. I know what it's like to
Speaker 3: work in the trenches. I know what it's like to
Speaker 3: cringe when you make dumb mistakes that you swear you'll
Speaker 3: never do again. And I know how to celebrate when
Speaker 3: I have amazing successes. I want you to be successful.
Speaker 3: Remember you have one choice that you need to make
Speaker 3: in life. You want to stay healthy, you want to
Speaker 3: stay happy, you want to live abundantly, and you want
Speaker 3: to learn to choose life on your terms. You want
Speaker 3: to stay fearless and fabulous always. Just remember you have
Speaker 3: many people who were here to support you. I'm Melanie Young.
Speaker 3: This is Fearless Fabulous You. I hope the show has
Speaker 3: inspired you. I hope you take action and I would
Speaker 3: love to hear about your success. Thank you for joining
Speaker 3: me on this edition of Fearless Fabulous Youth