15/3/2024 0 Comments Painting my soulIt's late at night and this is my first blog post for Soar Purpose® NZ. I have another blog at Soar Purpose® which has only been added to sporadically. I've had previous blogs before that. I wasn't sure if I would start another one.
But here I am. I've recently taken the plunge of turning a longterm hobby into a small business. When I do something, I give it my all. It's quite scary to take the risk but I felt like it was time to give it a go. Unless I miraculously sell a lot of prints in the next few weeks, I will be making a loss with starting the business near the end of the New Zealand financial year. I can get a tax rebate though against my other income. I dislike the business side of things, but I have started a spreadsheet cashbook. For those who don't know what a cashbook is, it's a document tracking income and expenditure and it's required by our tax department as part of record-keeping for a sole trader. I've opted for sole trader rather than company as company is a bit of an overkill and much more expensive with financial reporting etc.
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AuthorMinimally edited raw stuff on art journey. Archives
January 2025
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