Coaches Hour
Most PTs don't have a money problem. They add clients, work more hours, and still feel broke. Or they finally start making real money and get hit by a tax bill they never saw coming.This episode, with guest Paul Standell from the PT Project, covers the financial reality of building a coaching business: sole trader versus limited company, the VAT threshold trap, flat rate VAT, dividends versus salary, corporation tax, when to get an accountant and how much to pay one, the income complacency cycle most coaches go through, and why burning out in year three is a financial problem as much as a mental one.Paul also shares his own story from worth zero pounds at 30 to running two businesses past the VAT threshold in months. The conversation every coach in the industry needs but rarely gets.
38 episodios
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