Lucabrasi
Posting Freak
Posts: 1047
Registered: 9-12-2005
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Starting my own Business
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?
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serenity
Member
Posts: 314
Registered: 5-10-2005
Location: stockholm
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Mood: nikola sarcevic
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just print some pro and anti-dicanio shirts.
it ends
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Lucabrasi
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and that will make me the big bucks???
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XHonusWagnerX
Moderator
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Location: pawtucket
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save all your recipts.... Deduct everything!
| Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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Lucabrasi
Posting Freak
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Registered: 9-12-2005
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should i save the recipts from the liquor store too?
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serenity
Member
Posts: 314
Registered: 5-10-2005
Location: stockholm
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Mood: nikola sarcevic
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| 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 situation
it ends
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XHonusWagnerX
Moderator
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Location: pawtucket
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| 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? 
| Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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Lucabrasi
Posting Freak
Posts: 1047
Registered: 9-12-2005
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right, and with my new business and you people being my "clients"*wink* you're all invited over for some drinking and hate moshing!!
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JUICE MAYNE MSHC
Senior Member
Posts: 976
Registered: 7-4-2003
Location: Atlanta / Memphis
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Mood: new CF songs
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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.
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Lucabrasi
Posting Freak
Posts: 1047
Registered: 9-12-2005
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what is a LLC?
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Voodoobillyman
The Artist Formerly Known As...
Posts: 4247
Registered: 8-12-2005
Location: Eastern Seaboard of the United States
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Mood: my daughters beautiful curiousity
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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.
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defstarsteve
Posting Freak
Posts: 3505
Registered: 11-19-2003
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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 it
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Voodoobillyman
The Artist Formerly Known As...
Posts: 4247
Registered: 8-12-2005
Location: Eastern Seaboard of the United States
Member Is Offline
Mood: my daughters beautiful curiousity
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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.
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Lucabrasi
Posting Freak
Posts: 1047
Registered: 9-12-2005
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Mood: f-minus
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defstar, if you dont mind me askin.What do you usually charge per design you do for a band?
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defstarsteve
Posting Freak
Posts: 3505
Registered: 11-19-2003
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email me off the board and we can discuss in length business matters
def-star@def-star.com
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BDx13
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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.
If I fail math, there goes my chance at a good job and a happy life full of hard work.
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