Best business structure/business entity for independent barbers, braiders and hair stylists

Everyone talks about the benefits of a LLC when you're an independent barber, braider or hair stylist, but do you know why? In this video I lay out the 3 questions you need to ask yourself when you're just getting started or when you're experiencing some growth as it pertains to business entities: Question #1: How do you want to be paid? Question #2: How do you want to be taxed? Question #3: What am I liable for? ////////////////////////////// HAIR PROFESSIONAL BUSINESS RESOURCES Tax Deductions Toolkit: www.thehairceo.com/offers/AtRzFqc5/checkout GET CLARITY ON YOUR UNIQUE SITUATION Book a Call: calendly.com/thehairceo/ytc WAYS TO CONNECT WITH ME IG: www.instagram.com/thehairceo_/ TikTok: www.tiktok.com/@thehairceo FB: Blog: www.thehairceo.com/blog LISTEN ON THE GO Apple podcast: apple.co/38ag2o5 Android podcast: bit.ly/thehairceo-3lC4zB0 Spotify: spoti.fi/3MEEBbX ////////////////////////////// ABOUT ME (JENN) Before starting my own business coaching and accounting firm I… - Grew a struggling hair salon to a multi-6 figure business in 5 years - Spoke to cosmetology students on the business side of the hair industry - Worked as a tax analyst and specialist at HR Block Small Business Advisors - Distributed hair products to hair salons and barbershops along the East Coast - Created a product line and online hair product eCommerce store - Imported hair products from the Dominican Republic - Received my degree in Economics from the University of Maryland at College Park ////////////////////////////// DISCLAIMER This video is for informational purposes only and may not be accurate for your unique situation. Before applying anything stated in this video, please consult with your tax advisors. For unique tax situations, please consult with your tax advisor. Thanks for watching!