COVID19 has brought to the fore-front the theme of the podcast that I have been hosting for years, and that is the importance of treating your business “like a business” and not like a hobby, regardless of whether you are a full-service salon or a booth renter behind the chair. I’ve always said, If the government treats you like a business, you are a business, and therefore, you should treat yourself like a business.

One of the most important decisions you make when starting your business is the legal structure you choose. When I say legal structure, I am talking about choosing between a Sole Proprietorship, S-Corp, Partnership, C-Corp and also understanding what it means to be an LLC especially a single-member LLC