Check out Sound Field: http://youtube.com/soundfieldpbs SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H What’s the difference between an LLC and an S-Corp? If you’re thinking about starting a small business and find the legal steps intimidating, fear not! We’ve got you covered! Two Cents on FB: https://www.facebook.com/TwoCentsPBS Two Cents on Twitter: @twocentspbs Email us: twocentspbs@gmail.com -- Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Julia Lorenz-Olson & Andrew Matthews Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Sara Roma Images by: Shutterstock Music by: APM SOURCES: https://www.wallstreetmojo.com/sole-proprietorship-vs-partnership/ https://www.entrepreneur.com/encyclopedia/sole-proprietorship https://www.nolo.com/legal-encyclopedia/how-form-partnership-texas.html https://www.irs.gov/businesses/small-businesses-self-employed/partnerships https://www.investopedia.com/slide-show/top-6-reasons-new-businesses-fail/ https://www.fundera.com/blog/separate-business-and-personal-finances