File for an LLC (or whatever legal entity is available to you locally), take your break, and when you're ready to come back put whatever you want under it for what you are interested in doing after the sabbatical.
I think this is good advice but curious on the specifics of this - what is the benefit of the legal designation of an LLC (or whatever corp) instead of "self study"-type of thing?
LLC is good for legitimacy but is it supposed to look good on a resume or something?
Edit: Specifically curious if the LLC is supposed to fill-in as legit taxable paid work in-event-of-emergency or just gap-filler
A resume is for kicking off talking points with the potential employer. Employment gaps can be misconstrued and not easily explainable on a resume. LLC adds some plausible deniability in any way you want it to, protecting your work history, similar to it protecting your liability.
Maybe you just did self study, but you did it as RealWork™ that your future employer will understand because they want SeriousPeople. It just allows you to drive the conversation the way you want to in a more controlled way. You could say Sole Proprietorship or Self Study, but I've found having an LLC is more receptive.
dieselgate|2 years ago
LLC is good for legitimacy but is it supposed to look good on a resume or something?
Edit: Specifically curious if the LLC is supposed to fill-in as legit taxable paid work in-event-of-emergency or just gap-filler
havnagiggle|2 years ago
Maybe you just did self study, but you did it as RealWork™ that your future employer will understand because they want SeriousPeople. It just allows you to drive the conversation the way you want to in a more controlled way. You could say Sole Proprietorship or Self Study, but I've found having an LLC is more receptive.
yieldcrv|2 years ago