So today i got my business name registration form filled out and sent in a check to the Sec or State so i can become my own business.Im starting my
design business. Ill be doing stuff for bands who need cd/record covers, t-shirts, flyers,logo designs. Im pretty sure some people on here have there
own business, what are some key things i need to know so i dont fuck myself over?serenity - 12-23-2005 at 07:32 PM
just print some pro and anti-dicanio shirts.Lucabrasi - 12-23-2005 at 07:37 PM
and that will make me the big bucks???XHonusWagnerX - 12-23-2005 at 07:38 PM
save all your recipts.... Deduct everything!Lucabrasi - 12-23-2005 at 07:39 PM
should i save the recipts from the liquor store too?serenity - 12-23-2005 at 07:54 PM
Quote:
Originally posted by Lucabrasi
and that will make me the big bucks???
he seems to be pretty popular/hated right now. take advantage of the situationXHonusWagnerX - 12-23-2005 at 08:07 PM
Quote:
Originally posted by Lucabrasi
should i save the recipts from the liquor store too?
Sure you were hosting a party for some clients with all that beer right? Lucabrasi - 12-23-2005 at 08:14 PM
right, and with my new business and you people being my "clients"*wink* you're all invited over for some drinking and hate moshing!!JUICE MAYNE MSHC - 12-23-2005 at 08:41 PM
Incoporate your business or look into becoming an LLC...that way if your shit goes belly up, your personal assets can't be seized and your personal
money can't be touched.Lucabrasi - 12-24-2005 at 10:21 AM
what is a LLC?Voodoobillyman - 12-24-2005 at 11:31 AM
Put as much of your profit as possible back into the business, never neglect your overhead and take it slow. Don't get ahead of yourself and try to
stay out of debt as much as possible.defstarsteve - 12-24-2005 at 11:32 AM
limited liablility coporation
if you are going into a business that will require large amounts of loans or credit, do it.
we have been in business for ourselves for going on 4 years this next month....
it's either feast or famine, because we never know when the work is coming, or from who... this and the long hours are the only downside
but you can not even be remotly lazy and run your own business...
and be successful enough not to work a day job.
it is hard work but worth it....find your niche and stick to itVoodoobillyman - 12-24-2005 at 11:33 AM
Also, google business plans and read through some, then create one of your own, even if you dont need a loan. It will help you to remain focused on
your objectives. I just finished Intro to business last semester and learned a shitload of good info.Lucabrasi - 12-24-2005 at 02:34 PM
defstar, if you dont mind me askin.What do you usually charge per design you do for a band?defstarsteve - 12-25-2005 at 01:21 AM
email me off the board and we can discuss in length business matters
def-star@def-star.comBDx13 - 12-27-2005 at 04:09 PM
i never established an actual business. my business is not the sort of thing that includes a lot of liability, and my equipment is limited to a few
computers. plus the annual cost of the llc and filing a seperate tax return isn't worth it. not that it's that much, but still.
and yeah, keep all your reciepts. my main expenses include a portion of my rent for a home office, cell phone, internet connection, transportaion
(cabs, trains & flights), and entertainment (dinner out with clients). i also try to buy at least one large piece of hardware every year.
