Saturday, January 10, 2009

A Wonderful Opportunity Comes My Way

I sold at a craft show in early December and met a woman who told me that she works at WNEC (Western New England College) in the Law Department and is part of a program that pairs law students with folks who have small businesses in need of legal help/advice. She asked if I would be interested in getting an application, and I was very interested. I have wanted to incorporate my business, develop a better business plan, and register my business name. I sent in my application and heard two days ago that I've been accepted. I now have two law students who are going to work with me during this semester. As a part of their education I have become their client. What a great opportunity for me. I guess I will need to pay filing fees and such, but the legal help is free. Hopefully it will lead to being able to apply for small business loans. Even more importantly it will help me get focused on the business end of my business. I keep all my receipts and sales, but tax season is always stressful because I don't follow a plan - meaning I spend a lot more than I make. I never seem to feel that I have enough supplies, there is always a finding I haven't tried yet, gemstones I just have to have - and I need to slow it down. I have committed myself to keeping my records for 2009 up-to-date which should help me know how much is going out and coming in. Of course my main computer is still being repaired so I have some receipts that have not been entered but it's still early in the year and should not be a problem catching up. Wish me luck - I'll let you know how it goes.

3 comments:

  1. This will be a great opporunity for you, to learn and grow your business. Much success!

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  2. Jenna Pruitte/Mind, Body &SkinJanuary 10, 2009 at 6:08 PM

    Getting a grasp of the paperwork that comes with a business is always a learning and growing experience, as are many other parts of a business. Each year I have gotten better at keeping up with the bookkeeping so that I dont get bogged down and nervous at the beginning of tax season. I am still far from perfect! It is a process to get used to and make time for ...and you will get there! It is awesome that you have that help from the students..do you think I could get in on that plan???

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  3. Not sure why my name got mixed up in the last comment..I am going to try to fix that.

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