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Carolyn Jahnke

Kiley Peters

Welcome to Eloma

Welcome To Eloma Episode 49: Protecting Yourself and Your Business with Carolyn Jahnke

“Have something that keeps your business assets separate from your personal assets,” shares Carolyn Jahnke, founding attorney of Athena Legal Solutions. Today, Carolyn joins host Kiley Peters to talk about how to legally protect yourself and your business.

If you have a business, you need to form an entity like an LLC in order to protect your personal assets. Otherwise, you will be considered a sole proprietor; and if you were sued, the courts would view your personal assets as an extension of your business. In addition to forming an entity, you should also have separate bank accounts for your business and your personal finances. Make sure you have at minimum some basic general liability insurance and have contracts in place, even just a simple Google Doc, so that everyone you work with is clear on their responsibilities. 

People tend to shy away from speaking to lawyers, but if you are a business owner it is vital to know how to protect yourself and your business. Learn more tips for creating separation between your personal assets and your business assets, protecting your unique content, and being more prepared in case your business gets sued.

LISTEN NOW

Highlights:

  • “Have something that keeps your business assets separate from your personal assets.” (5:54-5:59 | Carolyn)
  • “If you don’t have an entity, you’re a sole proprietor, which means there’s nothing separating your business assets from your personal assets.” (6:55-7:02 | Carolyn) 
  • “Your L.L.C. means nothing or your entity means nothing if you don’t have separate bank accounts.” (10:03-10:07 | Carolyn) ]
  • “Relationships always work better when everybody knows exactly what their job is in the relationship.” (14:39-14:45 | Carolyn)

STAY UP TO DATE

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Listen
Apple Podcasts – Spotify – Google Podcasts – YouTube

Connect with Carolyn
Instagram| @athena_legal
LinkedIn | Athena Legal Solutions LLC
Facebook | Athena Legal Solutions
Website| www.athenalegalsolutionsllc.com

Connect with Welcome to Eloma
Instagram: @WelcometoEloma
Website: WelcometoEloma.com
Weekly Email Newsletter: bit.ly/RIXEmail 

Connect with Kiley
Social: @kileypeters + Linkedin.com/in/kileypeters
Websites: RAYNEIX.com, BrainchildStudios.com, KileyPeters.com
Weekly Email Newsletter: bit.ly/RIXEmail
Email: info@rayneix.com

Kiley Small Business Strategist

Kiley Peters is a serial entrepreneur and small business strategist. She built and exited an international award winning agency to launch her executive consultancy helping women live the lives they want through entrepreneurship. She is on a mission to help 1 million women build more financially free and fulfilling lives through her founding of RAYNE IX–an executive consultancy helping women fast-track the launch and growth of their consulting practice so they can have greater flexibility, autonomy, and ownership of their lives –and The 100 Collective, a membership and directory for women service-based small business owners who are committed to helping other women succeed. She’s also the host of Welcome to Eloma, a podcast for visionaries, entrepreneurs, and business owners who want to become better leaders, people, and pioneers.

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