Well That's a Little Disappointing...

[chelynn]

I just finished entering in my receipts for the past month, and I am pretty much breaking even for the month of June.

Of course, I am writing off everything humanly possible, because I can, like every single little office supply, stamp, other postage, mileage, food for my practice recipes that also happened to feed my family a few meals, etc. I also bought two new ink cartridges because ours were empty.

A lot of it was start-up supplies, like host binder stuff, page protectors, etc., so I won't have to spend it again. But still! It will be great on taxes next year...but I want to make money! ;-)

Next month will be great!

 

[legacypc46]

Chelsea,

The money will get better. You'll probably have few more outlays while you figure out exactly how you want your 'packaging' to look...but then it will settle down....and you'll enjoy reaping the results.

 

[KellyTheChef]

My first TWO YEARS I was able to write off so many things, I "broke even" on our taxes...even though really I made quite a bit of $$.

Don't forget you can claim the mileage to/from the grocery store, Post Office, etc. Any receipt you can claim usually has mileage to go along with it!

Also, you can write off food for a recipe TWO TIMES (each recipe). So, you can practice it more than once if you would like!

 

[JAE]

I totally understand. I feel like I'm breaking even and even losing money if I figure in mileage and practicing recipes. I'm too unorganized to figure that in at this time. After I pay for conference hotel I will probably be in the hole, but I have some great new products, namely my trifle bowl, SA large platter, new food chopper, and I love my salad choppers. I'm pretty happy with the excuse conference has given me to buy new clothes, too. Hoping to pick up the profits ASAP. Thankfully, I was able to use PC dollars to pay for conference and some of my new products.
JAE