Today, I’m answering a question I get pretty often: What kind of business do you run?
The short answer? I run an LLC—a Limited Liability Corporation. (And yes, I sound like I know what I’m talking about… but honestly, I only know the basics!)
Here’s what I do understand: An LLC helps protect your personal assets. If you own a business and someone sues you, they sue the business—not you personally. That means they can’t go after your house, your car, or your personal bank accounts, which is a pretty big deal.
Now, how would someone even sue me, an artist/graphic designer? I have no idea. But let’s just say someone claimed they were injured by something I made. They’d sue my business, not me, and that’s the whole point of having an LLC.
Beyond that, I couldn’t tell you the difference between an LLC, an S-Corp, or anything else. And that’s okay, because here’s the real secret: If you’re short on time and don’t know something, hire someone who does.
I’ve learned how important it is to build a solid team. I have a fantastic CPA and a wonderful bookkeeper. They keep my business running smoothly. My bookkeeper and I check in regularly. I meet with my CPA mostly during tax season, but they’re there whenever I need them.
With their help, everything stays organized. Nothing falls through the cracks. And I don’t have to stress about every single detail.
So here’s my advice: If you’re starting a business, or just getting serious about one, build your team. Find people who are good at the things you’re not. You don’t have to do it all alone.
It really does take a village, and I’m so glad I’ve found mine.
Hey everyone, and welcome back to another episode of Ask Katherine! Today I want to talk a little bit about something people ask me fairly often: What kind of business do you have?
The short answer? I run an LLC, which stands for Limited Liability Company. (And yes, I sound like I know what I’m talking about… but let’s be honest, I only know the basics!)
Here’s what I do know: You form an LLC when you’re starting a business and want to protect your personal assets. So, in theory, if something went wrong and someone sued me—let’s say someone claimed they were injured by a product I made (which, to be clear, has never happened!)—they would be suing my business, not me personally. That means they couldn’t come after my house, car, or personal bank accounts. Pretty important, right?
Beyond that? I can’t really tell you the difference between an LLC and an S-Corp or any of the other business structures. And that’s okay.
Because here’s the thing: when you’re running a small business—especially if you’re short on time, energy, or brain space—you don’t have to do everything yourself. In fact, one of the smartest things I’ve learned as a business owner is to hire people who know what they’re doing when you don’t.
For me, that means having a great CPA and an amazing bookkeeper on my team. My bookkeeper keeps me on track throughout the year, and my CPA handles all the heavy lifting when tax season rolls around. We meet regularly (or as needed), and they make sure everything behind the scenes runs smoothly—so I can focus on doing what I love.
So if you’re thinking about starting a business—or if you’re just getting started—here’s my advice:
Build your team. Find the people who know the stuff you don’t, and trust them to help you. It really does take a village.
Thanks for reading, and thank you for being part of mine.
P.S. Want more stories and insights from life as an artist and small business owner?
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