adventureswithben.com is Officially an LLC!

What’s an LLC?

An LLC is a Limited Liability Corporation. It basically means I am now working for a business known as Adventures With Ben LLC. It lets me do all sorts of businessy things like sell stuff, generate profit and claim expenses on taxes to maximize profit (even better). It also allows me to spread good cheer with my business idea.

How did You do It?

Easy. I filled out the paperwork online, mailed it to the Florida State Department, filed for a Federal Tax ID number online and voila! I’m a business in less than a workweek. Yet another example of how government can sometimes be efficient!

What Are You Going to Do Now That You’re an LLC?

I’m going to sell stuff. I have a concept inspired from my travels around the globe. Can’t share what it is yet, but stay tuned. I’m currently in negotiations with a distributor.

Why Are You Doing This?

There are lots of reason why I’m becoming an LLC.

1. Generate a second stream of income - Traveling is expensive. You know that. I’ve gotta find a way to support that long-term
2. Diversifying Income is Important – Like your stock portfolio, you should diversify your income. Most individuals only have one source of income. If something should happen to that you’re SOL.
3. To take a risk - I want to do something risky. Not reckless risky, but the live with no regrets kind. If you always do what you always did, you’ll always get what you always got. I want to try something different. What’s the biggest risk you’ve ever taken?
4. To have an adventure - This will be fun. It will be tough, time-consuming and I have a huge learning curve, but I’m hoping it will all be worth it.

So What’s Next?

Stay tuned at adventureswithben.com or my Facebook Fan Page for my adventures as a small business!

I’ll see you out there…! After I finish adding LLC to every official mention of adventures with ben LLC. (see, that’s the first one)

adventureswithben.com is supported by The City Scramble. If you'd like to race, click on the image to register.