My students are spreadsheeting all of the expenses it takes to start up their own freelance business. Some want to be photographers, videographers, lots of game designers (which one of my students insists is ten jobs), graphic designers, and a fashion designer or two.
Today they are accumulating tax deductible business expenses, like phone, internet, and web site hosting.
Tomorrow will be what type of business they will be and why: sole proprietor, limited liability, corporation.
Then on to estimates, time sheets and invoices.
Last will be taxes. I'm working with a math teacher on how this integrates with the math they learn at school.
Tuesday, February 24, 2009
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