Perfectly Profitable Stylist Podcast

How Your Beauty Business Can Make Your Children Millionaires

March 15, 2023 Michelle Cook, CPA Season 1 Episode 12
How Your Beauty Business Can Make Your Children Millionaires
Perfectly Profitable Stylist Podcast
More Info
Perfectly Profitable Stylist Podcast
How Your Beauty Business Can Make Your Children Millionaires
Mar 15, 2023 Season 1 Episode 12
Michelle Cook, CPA

In this episode we  cover:
-How to hire your child tax free in your beauty business
-How to use their paycheck to make your child a millionaire by retirement
-The common pitfalls parents make when hiring their children and how to avoid them

Here's the retirement calculator I used for the calculations I shared in this podcast episode.
https://www.calculator.net/retirement-calculator.html

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Show Notes

In this episode we  cover:
-How to hire your child tax free in your beauty business
-How to use their paycheck to make your child a millionaire by retirement
-The common pitfalls parents make when hiring their children and how to avoid them

Here's the retirement calculator I used for the calculations I shared in this podcast episode.
https://www.calculator.net/retirement-calculator.html

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.