Writing On A Shoestring Budget
BUSINESS ON A SHOESTRING – DEALING WITH THE BUSINESS PART OF THE WRITING BUSINESS WITHOUT BREAKING THE BANK FOR THE US AND CANADA.
This would be a class for writers who either don’t want to or can’t afford to hire an attorney to set up and organize their small business for them. It would also be for the writer who is unsure whether setting up a business for their writing career is advantageous or not.
The class will deal will businesses in the US and Canada.
Is you writing career a business or a hobby, what’s the difference, and why does it matter? If you’ve finished your novel, magazine article, and/or non-fiction work and are ready to send it out, now what? Are you really ready for it to sell? Have you thought about how to handle all the business details that come with success? Are you taking advantage of the tax breaks that come from simply finishing the work-in-progress? What if you consider your writing business a career but don’t have anything ready to send out?
Did you know there are legal tax tricks that can save you money on income taxes? Do you know how to set up a small business and deal with things like getting a tax ID number? Do you know how to avoid a random audit on your business and/or personal income taxes and how to keep red flags off your tax returns? Should you set up a, sole proprietorship, corporation or an LLC? And how do you make a small business a sub-chapter S corporation? What are the tax advantages of doing so? What is a registered agent, why do you need one, and how do you get one? How do you prepare the Articles of Incorporation, Bylaws, etc., for your small business? When should you just use an assumed name for your business, and how do you get one? Will your small business require a business license?
The class will handle all this and more. From whether or not setting up a structured small business is the right decision for you, to how to go about setting it up, what kind of business to set up, and how to minimize your tax liability. All on a shoestring. If you’re serious about being a professional writer, this class is for you.