LLC, Sole Proprietorship, S Corp, or C Corp

Sole prop, LLC, S corp, or C corp for beauty pros, in plain terms. Confirm with an accountant or attorney. This is education, not a filing plan Entity choice affects taxes, liability, and paperwork. The right answer depends on income, partners, and risk. Confirm it with an accountant or an attorney who knows Tennessee. Do not copy a friend's setup. Do not buy a kit because an ad said so. The four names you will hear Sole proprietorship: you and the business are the same. Simple. Your personal assets are more exposed if something goes wrong. LLC: a common wrapper for a single suite. It can separate some liability and still file in a simple way. S corp is a tax choice some LLCs elect later, with payroll rules. C corp is a full corporation. Most one-person suites never need it. What to do this month If you are still on a salon W-2 or a booth with no paperwork, start with a conversation, not a form. Bring last year's numbers if you have them. The suite lease is in your business name once that name exists. Leasing can wait while you get advice. Call (865) 684-5973 for a tour in parallel. Do not let the entity question freeze the move for a year. Elite Suites is a salon-suite building, not a traditional salon. Professionals are independent tenants, not employees. Monthly rent covers the private room, equipment, electric, water, Wi-Fi, laundry, climate control, and a front-desk concierge. There is no commission split and no house service menu — clients book the individual provider. Norvell spray tanning is offered at Farragut and West Town. Follow Instagram at elitesuitessalonstudios or Facebook at EliteSuites10536.