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1. Do I need to set up a business entity in order to freelance?

My answer is YES and here is why. Setting up a separate business entity will help you when it comes to taxes and insurance. It will also save you if something bad happens between you and a client.

Example: You work with a client but that client is NOT satisfied with your work and you two can’t come to an agreement about the situation. The client then sues you. If you do the work through your separate business entity, they can only go after your business and not your personal accounts.

So yes, please set up a business account.

Set up a business here. (link to…



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