In this episode, I’ll tell you all about LLC’s and other business entities you could use to protect your guitar teaching business from lawsuits and excessive taxes. There are TONS of benefits you can get by using a formal business entity to operate your teaching business, and also TONS of problems you can face by not using the right one. I’ll explain the differences between the most common ways to structure your business, and tell you about all the benefits you can get by using an LLC as a guitar teacher.
I’ll ALSO give you some step-by-step instructions for forming an LLC, and some tips on how to manage it effectively so you can make sure your teaching business is PROTECTED. I’m not an attorney or an accountant, but I have a lot of experience with setting these up for my own businesses…this information won’t replace working with your own lawyer or CPA, but hopefully it will give you a good understanding of LLC’s so you can take the next step and get some protection in place for your teaching business.
This PREMIUM episode of the Start Teaching Guitar Podcast is available exclusively for STG All-Access members!
To give your teaching business a huge advantage and get TONS of cool benefits INCLUDING the full-length, commercial-free version of this episode, click here to purchase a LIFETIME MEMBERSHIP to STG All-Access today!
STG All-Access members get access to the following VALUABLE RESOURCES:
Full-length episodes of the STG Podcast with no advertising or commercials, including a mind map outline containing my PRIVATE NOTES used to record the episodes
Access to PREMIUM EPISODES that nobody else gets to listen to with more in-depth “how-to” information
Q&A call recordings where you can get ANSWERS to your QUESTIONS about teaching guitar
Access to the STG Podcast Archive, and the FIRST 25 EPISODES that are no longer available to the general public
Access to the STG Community Forums, where you can interact with other guitar teachers from around the world