Can Form 2220 Publishing 2023-2024

Hey guys, welcome to the first ever Kennel Preneur YouTube channel video. I know it's kind of crazy, and I'm sure in a couple of years we're gonna look back at this project and laugh at it. However, I really wanted to start creating content, especially on this important topic of how to start a publishing company. Now, a lot of people think that starting a publishing company is sort of a pride thing, like, "Hey, I've got my own publishing company." But there are actually a lot of reasons why a self-published author, who's only even just done one book, should really consider setting up their own limited liability corporation or other version of a corporation. Okay, so we're going to get into that next. Alright, so first off, why should you start a publishing company? The biggest reason as to why somebody should do that is because it gives them financial protection. When you put a product out there, you're open for attack, not just your book, but you personally. So maybe you make the mistake and use a picture that somebody owns the rights to. You may say to yourself, "Well, I buy my pictures on Shutterstock." If you read the fine print, it actually says in there that they're absolved of any issues. So in case they sold you a picture that is copyrighted, they won't be held liable, you will. So you may think you're doing it right, but you never know. By setting up a limited liability corporation, or if your book is attacked by some big publisher or somebody with a really good lawyer, then they can take the money from the company, your limited liability company, but they can't come after you. Just go on the internet and check it out. There are...