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Hi,
We are 3 teenagers’ babysitters that we provide services to parents. Night out or when they have school meeting etc. We were just wondering, how does it work, would we need to open a company under our name, so we can give receipts to parents? Sometimes we pay a taxi to go to parent’s house. Please help!
No, you don't need to open a company. But if you wish to issue receipts, you by all means can. If you're trying to establish yourselves as a 'business' in the public eye, just come up with a catchy (yet professional) name, create your policies and procedures and your fee structure. Perhaps, regarding the taxi rides, you could incorporate that into your fee structure?
Good luck ladies....I'm fairly impressed with your approach to babysitting :)