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The Hair CEO

The Hair CEO

Hosted by: Jennifer Drew, EA

Welcome to theHairCEO podcast, hosted by business coach and tax accountant Jennifer Drew, EA.

All Episodes

Episodes

Ep. 10 - Benefits of an LLC over a Sole Proprietorship, Partnership and C-Corp

Everyone talks about the benefits of a LLC when you're an independent barber, braider or hair stylist, but do you know why? In this episode I lay out the 3 questions you need to ask yourself when you're just getting...
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Ep. 9 - Interview with the "barber of the athletes" on starting his mobile barbershop during the pandemic

I had the chance to meet up with the Barber of the Athletes himself (IG: canesbarber) at BuzzBoxx's first annual BuzzBasel as part of the 2021 Art Basel in Miami. Stevie gave me a tour of his luxury barbershop on...
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Ep. 8 - 10 Things Business Owners Need To File Federal Taxes

For business owners, there are two tax seasons you need to be aware of: 1. The tax payment season (year round) 2. The tax filing season (Feb - April) There are 5 general federal business taxes: 1. Income Tax 2....
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Ep. 7 - How to scale a hair salon using a niche w/ Rhonda - the founder of the Hydra Bar Salon

In this episode I sit down with Rhonda P., hair stylist and founder of the Hydra Bar Salon where she shares how she scaled her Hydra Bar Salon into the multiple 6-figure salon it is today by specializing in curly hair.
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Ep. 6 - Paying estimated taxes quarterly when you're self-employed

Paying estimated taxes can be a little confusing so I break down exactly how to determine how much you need to pay in Federal taxes quarterly. The example I use takes a barber estimating he'll make $90,000 a year....
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Ep. 5 - Get clients in and out to increase your profit margins! Interview w/Kmari Aaliyah

In Episode 5 of Money Savvy CEO, I sit down and talk to commission hair stylist Kmari Aaliyah about how she got into doing hair, time management, and a little bit about what it means to be a business owner behind the...
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Ep. 4 - Is your hair salon assistant a contractor or employee? Avoid misclassification

If you're a hair stylist with an assistant, you'll want to make sure you're classifying them correctly for whether they're an independent contractor or employee. The IRS looks at three different things to determine...
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Ep. 3 - How self-employed hair professionals can put themselves on payroll - Filing the 2553 Form

Self-employed hair professionals (barbers, hair stylists, braiders, lash techs, etc.) who want to put themselves on payroll should do it the right way to avoid paying more in taxes. A lot of people just sign-up for a...
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Ep. 2 - Money Hassles being a 1099-Contractor w/ Parris Celestine

Ep. 2 - Money Hassles being a 1099-Contractor with Parris Celestine - Money Savvy CEO In today's episode I sit down with my cousin Parris as we discuss his love/hate relationship with being a 1099-Contractor for the...
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Ep. 1 - The IRS doesn't care about your LLC; unless you're sitting at the adult table

The LLC business structure is treated exactly the same as a sole proprietor for tax purposes unless you ask the IRS to tax you differently. In this episode I break down how the IRS collects taxes on LLCs and what...
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I made a ton of money in the hair industry and had nothing to show for it

I was a serial entrepreneur in the hair industry - importer, distributor, retailer, manufacturer, marketing agency and hair salon owner - but had no clue what I was doing when it came to the money. It wasn't until I...
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Breaking down Federal Taxes for Self Employed Barbers & Stylists

Have you ever felt confused about Federal Taxes as a self-employed business owner? In this episode, understand the difference between Federal Taxes when you work for someone else vs when you're self-employed and...
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