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Episode 13: Handling the "Business" Side of Knitwear Design (Part 1)
Show Notes
Today's episode comes from a question that was sent in:
"I'd love for you to do a blog post or podcast episode about handling "the business" of being a designer once your first pattern has been published. For instance, what tools can be considered business expenses? What yarn? What software do you use or recommend for tracking income/expenses? Is it necessary to become an LLC or other "official" business through a local entity? Etc. I've been searching Ravelry forums looking for an answer, and I can't really find anything concrete about the "business" end of things. Thanks for any insights!"In part 1, I share my insights into how and why Aroha Knits became an LLC, the programs I use and the mindset shifts that happened when I went from "hobby-business" to "full-time business". Because I am not licensed nor an expert in this field, I avoid giving any advice or "next steps". In part 2 of this series, I'll be sitting down with my accountant/CPA and get her perspective and expertise on this subject.
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By Francoise DanoyShow Notes
Today's episode comes from a question that was sent in:
"I'd love for you to do a blog post or podcast episode about handling "the business" of being a designer once your first pattern has been published. For instance, what tools can be considered business expenses? What yarn? What software do you use or recommend for tracking income/expenses? Is it necessary to become an LLC or other "official" business through a local entity? Etc. I've been searching Ravelry forums looking for an answer, and I can't really find anything concrete about the "business" end of things. Thanks for any insights!"In part 1, I share my insights into how and why Aroha Knits became an LLC, the programs I use and the mindset shifts that happened when I went from "hobby-business" to "full-time business". Because I am not licensed nor an expert in this field, I avoid giving any advice or "next steps". In part 2 of this series, I'll be sitting down with my accountant/CPA and get her perspective and expertise on this subject.
Never Miss an Episode
Enter your email address below to receive notifications and exclusive subscriber content for the Yarn Alchemist Podcast!
Success! Now check your email to confirm your subscription.
There was an error submitting your subscription. Please try again.
Email Address
Subscribe
I consent to marketing communications and the collection of my personal data from AROHA KNITS LLC as a result of submitting my name and email here. I understand I can withdraw my consent at any time and request the return of any personal data. Please check the box.
We won't send you spam. Unsubscribe at any time.
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