Just asking what best practices typically are, because someone told me that I should try to get small but consistent income results before starting an LLC.
I guess this makes sense, since it can cost a little to start and is a lot of work. However, wouldn’t this mean my business’s initial income/expenses would be coming in/out of my personal account, rather than a business bank account?
Don’t most people advise against this?
But what if I’m planning on having another idea of the first doesn’t pan out?
I honestly feel like I just want another source of income, whatever it may come from. Wouldn’t that be better to simply make a general LLC with a versatile name that I could use for any number of my pursuits?