Ep. 27: The Realities of Self-Employment w/ Entrepreneur Brian Bohley

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 mentioned1871 Where to find Brian & his businessesBrian on LinkedInInFocusPayroll.comGoodBookin.comBrian @ InFocusPayroll.comCheck out more from The Work SeminarVisit theworkseminar.com or find @TheWorkSeminar on social media. Sign up for The Work Seminar newsletter to receive updates straight to your inbox.Support the show