The Freelancer Shift_Video 2_How Freelancers Get Paid & Understanding Business Structure

Video 2_How Freelancers Get Paid & Understanding Business Structure

Freelancers are usually self-employed and paid on a 1099, which means handling their own taxes, tools, and benefits. I started with no formal business setup, later became a sole proprietor, and now run my learning business as an LLC for added protection. Each structure has trade-offs, so it’s important to understand your responsibilities and consult a professional to choose what’s best for your goals.