The Money Trail: Navigating the Terrain of Gig Work and Acting to Uncover Financial Opportunities You Didn't Know Existed
As someone who has worked with gig workers, actors, personal trainers, and professional dancers for many years, I understand that the gig work and acting world can be a challenging one to navigate. You might feel like you're on your own and that nobody really understands the unique challenges you face. But I'm here to tell you that you are not alone.
As a gig worker or actor, you are essentially your own business. This means that you have access to the same benefits as big companies, including the ability to separate your personal liability and social security number from your daily activities associated with your craft or gig. It's a powerful thing to have that level of autonomy and control.
The unfortunate reality is that the industry can make it difficult for talented, hardworking individuals like you to know that these incredible opportunities even exist. However, I'm excited to share that there are resources available that can help quickly.
But, you've got this!
In fact, you can even access tens of thousands of dollars in business loans and credit that are not associated with your personal social security number. This can help you to invest in your craft, take your career to the next level, and make your dreams a reality.
Section 1: Have You Become An LLC Yet? Or, Do You Still Have Personal Liability?
Are you still operating as a sole proprietor or partnership? If so, did you know that you're putting your personal assets at risk every day you're in business?
It's time to take your business to the next level by becoming an LLC. As a limited liability company, you'll be able to protect your personal assets from any potential lawsuits or financial risks associated with your business.
Not only does forming an LLC provide a layer of protection, but it also adds credibility to your business. It demonstrates that you're serious about your business and have taken the necessary steps to protect both yourself and your customers.
Don't let personal liability hold you back any longer. With the right guidance and support, you can form an LLC and take your business to new heights. Let's work together to make it happen!
"An additional advantage is that you have the option to use your personal name in your LLC's name. For instance, you could name your LLC 'Joe Smith, LLC'." - Mark R. Moore
Section 2: Obtaining an EIN number for your newly established LLC allows you to use it as a replacement for your personal social security number.
Congratulations on setting up your LLC!
This is a big step in protecting your personal assets and limiting your liability as a business owner. But, there is one more important step you need to take: obtaining an Employer Identification Number (EIN).
An EIN is like a social security number for your business. It's a unique nine-digit number that the IRS assigns to your LLC, and it's necessary for opening a business bank account, applying for business credit, filing taxes, and more.
Using your EIN instead of your personal social security number helps protect your personal identity and finances. It also adds credibility to your business and separates your personal and business finances.
Obtaining an EIN is FREE, a simple process that can be completed online through the IRS website. All you need to do is provide some basic information about your LLC, such as its name, address, and type of business.
Don't make the mistake of using your personal social security number for business purposes. Protect yourself and your business by obtaining an EIN number for your newly established LLC.
"As I always say, 'With your newly formed LLC and EIN number, you have the power to establish a strong business credit profile and score.' By doing so, you can accelerate your access to funding and get the resources you need in half the time." – Mark R. Moore
Section 3: A Professional Website is Vital for Securing Funding. Learn How Banks and Funding Institutions Use Your Website to Assess Your Credibility
Congratulations on starting your own business!
Now that you've established your LLC and obtained an EIN number, it's time to focus on building your business's credibility to secure funding. One of the most important steps you can take is to create a professional website that showcases your talent and business offerings.
But why is a well-designed website so crucial for funding?
Banks and other funding institutions rely on your website to assess the credibility of your business. Your website serves as a window into your business and helps lenders evaluate the strength of your brand, your ability to generate leads, and your overall professionalism.
A poorly designed website or a website that lacks essential information can negatively impact your chances of securing funding. That's why it's crucial to create a website that meets the funding credibility standards set by financial institutions.
A professional website should be easy to navigate, visually appealing, and include all the necessary information about your business, including your contact information, services or products offered, and customer testimonials. By having a well-designed website, you'll not only be able to attract more customers but also improve your chances of securing funding for your business.
At Spartan Coaching & Consulting, we can help you design a professional website that meets the funding credibility standards and provides the necessary information to secure funding for your business. Contact us today to learn more!
Section 4: Consistent Contact Information and Professional Email Address are Key for Funding Approval - Don't Overlook These Details!
When it comes to securing funding for your business, every detail counts, including your contact information. Funding institutions will often check to make sure that all of the contact information on your LLC and EIN documents matches up with the information provided on your website, business cards, and other materials.
In addition to ensuring consistency, having a professional email address is also important. A generic email address, such as Gmail or Yahoo, can make your business appear less professional and could lead to your funding application being declined.
To increase your chances of funding approval, take the time to carefully review and update all of your contact information. Make sure that it is consistent across all platforms and that you are using a professional email address associated with your business. These seemingly small details can make a big difference in the eyes of funding institutions.
Section 5: Conclusion
So, gig workers, actors, and freelancers! I want to remind you that as an independent worker, you are essentially your own business. The good news is that taking the steps discussed in this article doesn't have to be difficult or time-consuming. You can get your LLC and EIN number in just 24 hours, and the best part is that the EIN number is completely free! Even getting a website set up is relatively inexpensive, and you may even already have one.
Now, let's talk about the most exciting part: money!
We're here to help you secure funding ranging from $50,000 to $150,000 or more within just 4 to 6 months. And, here's a little secret between us - it will only require 15 minutes of your time each month!
So don't hesitate, let's work together to take your business to the next level.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?