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Old Jan 08, 2014, 01:46 PM
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Maranara Maranara is offline
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Member Since: Aug 2013
Location: Idaho
Posts: 928
Quote:
Originally Posted by Roadie View Post
I was self-employed most of my working life. If you haven't got a mentor in this, you might check for a local group of SCORE--Service Corp of Retired Executives. It's free, & you get advice & support from someone who's been there.

Be sure to get whatever licenses may be required. A business plan is a good skeleton to work from. If this is your first self-employment, there are quarterly tax forms and a Schedule C at the end of the year.

Whatever the service is that you're providing, it seems to be something you enjoy doing. But keep in mind this is a business now and not a hobby. There's tons of paperwork, and it's tempting to put the boring stuff off. Don't!

Good luck. It's more work that you'd think, the first year, to get it up and keep it going ... but when it works, it's worth the sacrifice.

Roadie
I've done all my homework on licenses and there doesn't appear to be any in this area. I can put my business on a roster at City Hall, but it's completely voluntary. Taxes is what I'm worried about the most. I'm in the process of filing for a Federal Tax ID and such. I think, when it comes to taxes, as long as I collect and turn in sales tax and file income with all of my credits/expenses, I should be good. I've tried to be anyway.

I will check out SCORE. I could use someone who could just give me some support. I am trying to make today my official start-up day and I've got the anxiety and fear built to the hilt. If I can just get past the first little bit here, I'll probably be okay.

Thanks everyone for your support.
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