bribrius
Been spending a lot of time on here!
- Joined
- Jan 12, 2014
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- Can others edit my Photos
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well. If you have a years worth of income, i guess you don't have to worry about any of the rest of the list for at least a year........I dunno what the answer is for you, but it might or might not be one year's income.........
Several presidents ago, it was 6 months. In today's economy, a year's worth is a much better buffer.
you don't even have a business do you.Well, let's pretend you wrote up your own contract for photography services. You may well end up with a clause that is, in effect, illegal and unenforceable. That could well invalidate the entire contract.
But you've already completed the job and delivered the goods to the customer. Now wouldn't you wish you had paid your lawyer a measly $100 to review your contract?
Together with an accountant, you will find out whether an S- or C-corp is best for you, or an LLC or LC. Accountants can also handle tax issues. And tell you how to save money on taxes.
A banker. Hmmmmm. Suppose you've been approached to do a job that you are able to do, except you don't have the necessary $8,000 of gear to do it. Wouldn't it be nice to know your signature is worth a $10,000 business loan before the need arises?