Do I need a Business License? on November 18, 2019
The Arts & Culture Alliance is pleased to present a professional development seminar for artists and other creative people on Monday, November 18, from 4:30-5:30 PM at the Emporium Center in downtown Knoxville. Join us as we welcome Kathryn Schrader.
Confusion re: the type of entity to establish and the need for a business license often exists among artists producing and selling their creative works. Questions abound on issues such as: What type of entity should I choose for my creative efforts? Do I need a business license? If so, when? How much & where do I get a business license? Do any zoning rules apply to my business? What exactly does a business license allow me to do? How often and how much does it cost to renew? Does entity type affect the business license?
Join us for a fact filled session on what you should know about choosing an entity type, the business license process and important guidelines for helping you decide.
Kathryn Schrader is the founder of Strategic Tax & Business Services (formerly Eaton Tax & Business Services). The firm provides bookkeeping, payroll, tax services and business coaching to entrepreneurs & small business owners. As a Certified QuickBooks Online ProAdvisor and a Certified Management Accountant, Kathryn presents individual & group training on many diverse topics.
Ms. Schrader received her B.S. in Accounting from the University of Tennessee. She later returned to earn her MBA in entrepreneurship and became a Certified Management Accountant, further underscoring her abilities to serve the needs of business owners. She has extensive experience working in diverse business sectors such as manufacturing, marketing services, consulting and technology start-ups. Her clients include sole proprietorships, partnerships, LLCs, corporations & individuals of diverse backgrounds.
Kathryn credits her family tree filled with dozens of small business owners with her passion for the entrepreneurial path. To expand her knowledge base, Kathryn worked in private, public and corporate accounting. She previously owned Management Consulting Services, working closely with small business, start-ups and non-profits. She also held senior management positions at several well-known companies, including a Knoxville Inc. 500 winner, an international power quality firm, a world-wide ski boat manufacturer and a large east Tennessee agricultural producer.
In addition to designing and implementing effective internal control systems, Kathryn has helped companies develop essential business and accounting practices such as multi-year budgeting, variance analysis, and succession/staff development plans. She is known for her ability to translate complex accounting jargon into a language that business owners and non-accountants can understand. Kathryn’s direct and seasoned advice has earned her a high level of respect among her clients and peers.
More recently, Kathryn created & hosted Outside the Box radio program 2015-2016, a talk show focused on the experiences of small business owners in east Tennessee. She is quite pleased there are now several programs and hosts in the area that focus on small business and its challenges. Kathryn was recognized on the national landscape by her peers when she was awarded the Accounting & Financial Women’s Alliance (AFWA) 2018 Small Business Professional. AFWA is an international association of women in the fields of accounting and finance.
Kathryn is a member of the AFWA, National Association of Tax Professionals, CPA+ Network, Business Network International, and Institute of Management Accountants. An active community leader, Kathryn recently completed her 2nd term as president of the AFWA’s Knoxville chapter, first serving as its’ president 2010 – 2012 helping to reactivate the previously dormant chapter. Kathryn has chaired that chapter’s Seminar committee since 2013. She has served on the advisory board of the Fairview Technology Center (FTC) for approximately 5 years. FTC is a venture incubator managed by the Knoxville Development Corporation promoting science and technological commercialization in east Tennessee. She has previously served on the boards of the Entrepreneurs of Knoxville, BNI, the local IMA chapter and many other professional and civic boards. She is a frequent public speaker around the country.
In the east Tennessee community, Kathryn is a volunteer instructor for Knox Area Rescue Ministries. She is also active with the Blount County Habitat for Humanity and is co-chair for the 2019 New Year’s Eve Gatsby Gala.
She lives in the Cedar Bluff community with her son, Austin, and two rescue pets, a dog & cat.