07-01-2005, 09:11 PM
Count Duckula,Jun 30 2005, 08:10 PM Wrote:Heh. As I've been finding out, business ownership isn't all it's cracked up to be.
Heh, I already did most of the research I needed to, including calling the Department of Revenue.
Quote:--Find out about tax forms in MA. In VA, I have to send in a monthly statement whether I've made any taxable profit or not.
When I have to file is directly dependent upon how much taxes I expect to collect for this year (both estimated, and actual running). I guessed between $101 and $1200, so I have to file quarterly. $1201+ is monthly, and $100- is annually. I have to file regardless of any profit, but filing takes no time at all, especially since you can do it online (WebFile for Businesses).
Quote:--Don't go too wild with promotion, at least for now. Hold off on the website for a while--start local.
I'm not touching a website until at LEAST the beginning of next year, if not later. I'm going to do some very aggressive local advertisement, and push word-of-mouth. If only the school year wasn't out, I'd approach my old HS and try to get a class to make me some advertisement flyers as an extra credit project (Adobe Pagemaker). I need to get some business cards printed up at the local shop, but that won't cost me too much either. The real tricky part will be invoices. I've downloaded a couple templates for Excel from Microsoft, but nothing seems to quite fit. But we'll see what I can find.
Quote:Other than that, you sound fine. Full of ambition. Like me. ^_^ Here's to the best of luck for both of us.
I'm very full of ambition and determination. I intend to see this business through, and I hope to grow in the next couple of years. I don't want to sit on my ass and save up piles of money. I want to turn this into something bigger. The world only knows how far I'll get, but I'm determined to go as far as I can.
Roland *The Gunslinger*