In this video with Seth Kniep, you’ll find out what's the best business structure for Amazon FBA and how planning your business right can save you thousand of hours and dollars. If done correctly, it can save you hundreds of thousands in taxes, protect your assets, and allow you to scale your company much faster with less hassle. Seth also explains the difference between LLC, S corporation, and C corporation business structures and tells what paperwork you need to take care of first.
➤ Find more discount coupon codes for Amazon software tools: oklik.co/coupons
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👉 More interviews with Amazon experts: orangeklik.com/
🤝 JOIN Amazon sellers community on Slack: orangeklik.com/club/
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🔶 Questions answered in the video:
➤ 00:00 Best business structure for amazon FBA
➤ 00:54 About Seth Kniep and Just One Dime
➤ 02:17 Why business structure is such an important topic?
➤ 03:19 How to pick the best business structure for Amazon FBA?
➤ 04:30 What is liability?
➤ 05:53 What business structure carries the most risk?
➤ 07:25 Taxes - how much does the government take?
➤ 13:10 Sole proprietorship - what taxes to pay?
➤ 14:34 S corporation - what does it mean and what taxes to pay?
➤ 18:31 C corporation
➤ 25:32 Paperwork
➤ 27:58 Paperwork for a corporation
➤ 29:16 How to start a corporation?
➤ 32:38 How to start an LLC?
➤ 37:55 When did Seth realize he needed to improve his business structure himself?
➤ 39:45 Any liability issues? How to avoid them?
➤ 42:53 Where would Seth start his new business right now?
➤ 44:50 Contact Seth
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🔶 About SETH KNIEP
Seth Kniep built multiple multi-million $$$ eCommerce companies, selling on Amazon, eBay, Shopify, and investing in real estate.
With a team of coaches and 20+ staff, headquartered in Austin, and a community of hundreds of thousands of eCommerce entrepreneurs in over 100 countries, Seth and his team teach students how to start, build and scale eCommerce companies that turn into passive income machines on Amazon and beyond.
Today, Just One Dime has trained multiple students into millionaires and countless students into over 6 figures a year.
Seth and the Just One Dime team-teach others how to make their money go to work for them so they can do the things they love with the people they love, wherever in the world they love.
👉 Subscribe to Seth's RU-vid Channel: / justonedime
👉 Become a member of the most successful e-commerce sellers community JUST ONE DIME: oklik.co/justonedime
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🔶 Video host - LISETT LEES
Lisett started out in 2016 as an Amazon FBA store assistant and since then has been working daily with different Amazon FBA sellers. Years of experience as a store manager along with the mission of helping businesses run daily operations cost- and time efficiently has shaped her into a strategic partner for Amazon sellers. Today she helps to manage stores, product-related tasks, customer relations and the team while advising company owners to set their goals and strategy.
Learn more about Lisett and how she helps Amazon businesses: lisettlees.com/
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🔶 About ORANGE KLIK
Orange Klik connects Amazon FBA private label sellers with leading industry experts to help you turn your online business into a massive success. No matter if you are a beginner, still figuring out how to make money online, or an advanced Amazon seller with a strong experience in eCommerce, on this channel you will find up-to-date tips and expert recommendations for sellers of all levels of experience.
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24 июл 2024
