Hiring Professional Help


Now that I've sent your head spinning with all the paperwork required to get your eBay business off the ground, let me tell you how to make most of these details go away:

Hire someone to do it for you.

That's right, when it comes to setting up and managing a small business, there is a definite advantage to hiring professionals to handle all the paperwork and record keeping. Yes, it's an additional cost you'll have to pay, but for most of us it's not only worthwhileit's a necessity.

What kinds of professionals am I talking about? Just two: an accountant and an attorney. The attorney is necessary to help you get your business registered and legal, and the accountant is necessary to keep track of your taxes and finances on an ongoing basis. While you might be able to do all this work yourself (or not), a professional is more likely to know what's required, and thus keep you out of any potential hot water. Professionals also do this for a living, so they can do it better and faster than you can. Let the professionals handle all this busy workso you can focus your attention on the important job of running your business!

And rememberall professional fees are tax deductible.

Note

Learn more about hiring an accountant and managing your business's accounting in Chapter 6, "Setting Up a Recordkeeping System."





Making a Living from Your eBay Business
Making a Living from Your eBay Business (2nd Edition)
ISBN: 0789736462
EAN: 2147483647
Year: 2004
Pages: 208

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