Hello busy people, Good morning.
Welcome back to another interesting topic.
You have seen many public speakers come to your school and you have dreamed the dream of becoming rich and famous. After all, you just have to do is stand up in front a bunch of kids and tell them a great message. You know all these messages. Your parents have told you all this stuff a hundred times. Don’t smoke, don’t have sex, don’t drink and don’t use drugs. Now you are ready to make your easy money. However the problem is that it is not as easy as that.
Learn all the laws and rules about public speaking. There are city laws, state laws, and federal laws. Questions such as “Am I required to obtain a business license for my job?” This depends on your city, but to be a legal business you will need to find the answer.
Find out about business types. Should I incorporate, should I become a LLC, or operate as a sole proprietor? Find out about why becoming a corporation or an LLC is a good thing.
Look into insurance. Will the places where I speak require me to have liability insurance? It so, how much will I need? Will they want me to have $1Million or will they require $5Million.
Check on the laws about working in different states. You may have different laws to follow in different states. So if you work in several states you may be required to have different licenses.
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Note: This article has been adapted from the following source.