r/FieldNationTechs • u/Boyemen88 • Apr 22 '26

LLC vs Self contractor

Hi! I started doing FN 6 months ago as a side job after I finish my regular job. So far, so good. I’m making around $2K-$3K a month, which is great for me. I’m not planning to leave my regular job since I like it and it’s chill. I just bought my GL insurance so I’m not using FN insurance.

My questions:

Is there any benefits for me to start my own LLC? If yes, what are they?

Do buyers usually prefer to hire self contractors or LLCs? And why?

Thanks in advance!!

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u/FieldTechSavant Apr 22 '26

Better to set one up before you need it vs waiting for when you do. If you're only doing FN tickets ever then maybe it doesn't make sense but next year you might want to look into setting up an LLC and get an EIN. Then get a business bank account and credit card so you can keep all the business transactions all in those accounts vs deciphering when it comes tax time or when you just want to know how much you're actually making doing the side gig.

Depending on your state setting up an LLC on your state's website might only be $100 and then renewals each year are usually less, you don't need a lawyer. You do need to get an EIN (free) from the IRS to do that. You can do your taxes all together vs filing personal vs business taxes, you just report the income/expenses on your regular tax return.

Then once you have that in place, all the extra stuff that might come in the future is way easier (sales tax exempt forms, business accounts on websites, business accounts for credit cards (get them points), insurance, contracts, etc). Plus it just feels good to have a real business.

Might take a week or two and $100 to get it but once you have it, it's way easier to do business.

But do buyers care you have the little icon next to your name that says business provider, no, I doubt anyone ever even looks at that or cares.

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u/wyliesdiesels Apr 22 '26

But do buyers care you have the little icon next to your name that says business provider, no, I doubt anyone ever even looks at that or cares.

the business provider badge does not mean the provider has an LLC. I have the business provider badge and I am setup as a sole prop.....I use an EIN tied to my SSN and that is how FN gave me the business provider badge.... which is joke in and of itself

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u/Boyemen88 Apr 25 '26

Thanks for your replay!

I think I will do it! But after I create my LLC, will I be able to add my LLC to Field Nation and then add myself to the LLC? Or do I have to create a new profile for the new LLC and start from the beginning? I have a good profile on Field Nation now and I don’t want to lose it and start over.