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Thursday, March 24, 2011

A BUSINESS DECISION AND A NEW FINISH


What started out as a hobby in November of 2010 has recently turned itself into a great little small business. I started out thinking I was doing this as an outlet to express what God is and has done in my life and an opportunity to support a ministry and do some home improvements. Somewhere along the way it has turned into a full fledged business demanding that I finally succumb to Uncle Sam. God is opening some great doors for me and I continue to walk through them, following His lead. Today I spent the day trying to figure out how to make things legal. I formed an LLC now making me Restore Interiors LLC if all goes well. Years ago I had another business where I had done all of the legal documentation except the LLC but I can't remember what I did and how I did it! Unfortunatly, this is all over my head and I found myself at the end of the day more confused than when I started.....




Apparently I need not only an LLC but schedule D and Schedule C and a business license and another license and another one and YADA YADA.... The paper work seems to be getting bigger and bigger.



 So, over the next couple of days I will be figuring all of this out.  I may have pulled out all of my hair when I am done but when I do finally finish, I will commit a post or two on taking the necessary steps to legally start your own small business. You can let me do all the research and the work and I will just pay it forward! Sound good? Okay.

I also worked on a new finish. I love so much the finish on the buffet and the trestle table but you can only do that so many times. This one is similar but with a few more layers and a different glazing technique. Come back tomorrow to see if I'm done and view the whole piece! She's a beauty.




11 comments:

  1. Congratulations..and good luck with the business adventure. My parents/family have a restaurant, and the business licensing, and taxes seems to never end (well it doesn't!) Small downer to all the perks of owning your own business...It's a great adventure! Wish you well..God seems to be smiling on you! Anything we do in honor of Him seems to flourish!

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  2. Good luck!! If you give them half a chance...they will bury you in paperwork and legalities!!! Sigh!
    Love the new finish by the way...beautiful!
    Hugs
    SueAnn

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  3. That is terrific!!! I am happy for you, and just remember no pain, no gain!

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  4. Excited for you! You are so talented that I know your business will be a success. Can't wait to see the finished piece tomorrow!

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  5. Yay for you, KELLI!!! How exciting!! You're so smart I know you'll figure out all that pesky paperwork!!

    I can't wait to see the finished piece. It looks divine!

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  6. Congrats! Please, please post your steps! I got stopped at which KIND of business license to get! Who knew there were so many types?

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  7. That's great! I hope you blog about the journey, just in case I get lucky and can start a business! Love your work!

    Debbie

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  8. YOU ARE AWESOME! TO DO ALL THAT WORK AND SHARE IT W/ US! my biz is still really small, i declared my income, but have'nt yet had the capital to do all the filing and such, so it will be great to learn thru you and when i'm ready, follow suit! thanks again!

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  9. Sounds great! You do all the hard work, and your readers reap all the benefits :)

    I'm actually in the same place, so I look forwarded to hearing what you learn!

    ~Amana

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I appreciate each one of you and love to read your comments. Even though it is impossible to respond to each one, please know that I read them all. You guys are the best! I pray for y'all daily and consider each one of you my friend.