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Photography Business
Selling Photo's on Sites like Smug Mug
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<blockquote data-quote="Krs_2007" data-source="post: 367225" data-attributes="member: 12948"><p>Well Fred, thats why I want to keep it simple for now and give it a trial run so to speak. I know I can break 600.00, but I am keeping it under control till I get a better hold on this business stuff. I have turned down a few clients recently, which I hate doing but I also want to make sure I maintain a good reputation as well and not make a bad name for myself.</p><p></p><p>I still dont have a clear business model, but I am trying to figure out the direction. I will be taking on clients for portraits, which I will order prints from Nations. What gets ordered on Smugmug will be mainly the sports pictures, using their labs or by digital download. Its the smugmug thing that gets me and how it works, if others have had issues with sites like this.</p><p></p><p>When you say "File your taxes as a Sole Proprietor", you mean add Schedule C with my personal taxes. I assume this based on what you said, I would have my normal taxes prepared, add the Schedule C to my taxes to show the taxes collected under the photography business.</p><p></p><p>I was looking at the Schedule C stuff last night and I know Smugmug will send a 1099, so things are starting to click, just a little nervous about it. </p><p></p><p>I tend to overthink</p></blockquote><p></p>
[QUOTE="Krs_2007, post: 367225, member: 12948"] Well Fred, thats why I want to keep it simple for now and give it a trial run so to speak. I know I can break 600.00, but I am keeping it under control till I get a better hold on this business stuff. I have turned down a few clients recently, which I hate doing but I also want to make sure I maintain a good reputation as well and not make a bad name for myself. I still dont have a clear business model, but I am trying to figure out the direction. I will be taking on clients for portraits, which I will order prints from Nations. What gets ordered on Smugmug will be mainly the sports pictures, using their labs or by digital download. Its the smugmug thing that gets me and how it works, if others have had issues with sites like this. When you say "File your taxes as a Sole Proprietor", you mean add Schedule C with my personal taxes. I assume this based on what you said, I would have my normal taxes prepared, add the Schedule C to my taxes to show the taxes collected under the photography business. I was looking at the Schedule C stuff last night and I know Smugmug will send a 1099, so things are starting to click, just a little nervous about it. I tend to overthink [/QUOTE]
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