The Basics of Starting A Business

Do you want to start a business? Whether you are just starting out, or you've been selling for a bit, you need to know that you ARE a business. Many of us start out with a hobby and just fall into selling.  It's such a seamless transition: Making things for ourselves, making things for family, making things for friends, making things for exetended (paying) friends.... Are you asking yourself: Am I a business or a hobby? What in the world are all these terms & acronyms? What exactly is all this...*gestures around*? How much can I make before worrying about this? What's the difference between Sole Proprietorship & SM LLC (and do I need either)? Do I have to register with the IRS? What about all the stuff I already have? When do I file? What is sales tax? What is bookkeeping exactly? When will I pay myself (and how)? Can I deduct everything for my business? What is inventory & COGS?   In this 25-page digital book, you'll have answers to all those questions and more! Don't s