Do You Need An LLC? How Do You Pay Yourself? Answering Common Yoga Business Questions | Ep 18
Do you need an LLC as a yoga teacher?
We hear a variation of this question a lot, and in this episode we’re going to discuss this and a couple other common yoga business questions (like how to pay yourself).
We know that the business side of things (especially legal and tax topics) isn’t super exciting to talk about and it can get really confusing really fast. But doing things incorrectly can set you up for trouble down the road, so this is really important.
Grab a cup of coffee (or other tasty beverage), pull up a chair, and let's chat.
RESOURCES
▶︎ TIME SENSITIVE: Want to join Kristen and Sarah Hall on a retreat in Costa Rica??!? There are a couple spots left, but don't delay! It'll fill up soon: https://www.saltandspirit.org/retreats/costarica2024
▶︎ Nick’s law firm recommendation: https://kkoslawyers.com
▶︎ Nick’s tax advisor (Sherry)...tell her Nick sent you!: https://calendly.com/sherry-wxe/introductory-call
▶︎ Melio (to send or receive free ACH payments) https://meliopayments.com
▶︎ Wave (free bookkeeping app): https://www.waveapps.com
▶︎ Profit First by Mike Michalowicz: https://amzn.to/3xY5Coq
▶︎ FinCen Beneficial Ownership Information Reporting: https://www.fincen.gov/boi
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