If you’ve ever contemplated your stash or design notebook and thought, “I should turn this into a career,” this class is for you. (It’s also for those who have fledgling knit-related businesses). We’ll be covering the basics of business record-keeping and US tax reporting by way of a comprehensive sheep-to-sock accounting example. Along the way, we’ll discuss why the IRS rules are what they are, paper and software accounting systems, and how to make the record-keeping process a useful tool instead of a procrastinated duty.
| Class Level: | All Levels |
| Class Skills: | Business curious. |
| Cost: | $75 |
| Class Length: | 3 Hours |
| Homework: | |
Write a brief summary of your business idea that includes: the product (whether PDFs or fleeces) you would like to sell/are selling; where you’ll keep your inventory if you’ll have one; a description of your dream customers; and the skills and resources you already have that you could bring to your endeavor. | |