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Ep. 27: The Realities of Self-Employment w/ Entrepreneur Brian Bohley
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Before Brian hired employees to support his three businesses, he was a solo practitioner in the payroll and financial services space for six years.
And in today’s bonus episode, we’re tapping into Brian’s 10+ years of experience helping self-employed clients get off the ground. Brian dives into the realities of starting your own business, including:
- How to prepare for entrepreneurship before making the leap.
- Passion vs. practicality in starting a business.
- The extra work that self-employment demands.
- How to register a business name and weigh the pros and cons of different business entities (namely a sole proprietorship or an LLC — don’t worry, we explain each).
- What additional taxes and liabilities you may face, and how to pay yourself.
- How to bring on extra help if business is booming, and whether those workers are contractors or employees.
***And just to be on the safe side … This episode does not contain or constitute legal advice. You should really contact a CPA or business attorney if you want advice about your (aspirational or realized) business.***
Resources mentioned
Where to find Brian & his businesses
Brian @ InFocusPayroll.com
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