I’m a Social Media Influencer, should I open an LLC?

social media influencer business has the potential to generate profit, grow steadily, and carry a moderate amount of risk.

A limited liability company (LLC) is the right choice for any serious social media influencer business owner who is looking to:

  • Protect their personal assets
  • Have tax choices that benefit their bottom line
  • Grow their business
  • Gain credibility with customers

It is recommended that most businesses form an LLC, though each business is different.

The influencer market is projected to reach $15 billion by 2022. Brands are increasingly partnering with influencers who have a following and credibility in the market.

The social media influencer market is expected to grow as social media becomes more entrenched in people’s lives. Social media influencers can decide to operate within a specific niche such as fashion and beauty or food.

Social media influence business owners should consider the following factors when deciding if an LLC is the right choice:

  • Level of risk
  • Potential profit
  • Credibility and consumer trust

4 Replies to “I’m a Social Media Influencer, should I open an LLC?”

  1. I know this if off topic but I’m looking into starting my own weblog and was wondering what all is required to get set up?

    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% certain. Any suggestions or advice
    would be greatly appreciated. Thanks

    1. Hi, great question! Starting your own blog is not as costly as you may think. Outside of the fees related to setting up your own website to house the blog, it is free. If a website is something you are interested in, please let us know and we would be glad to help!

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