Tag Archives: profit

Profits. What a concept.

I think most solopreneurs make the mistake of thinking that profit is what you make when you happen to finish a job in fewer hours than you estimated. Or a vendor comes in cheaper than expected. To me, that’s gravy, not profit. Continue reading

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Money Webcast series: $10 off

Use promo code DCEB2B until midnight (EST) Friday, Jan 28th for $10 off my new 3-part webcast series, The Creative Professional's Guide to Money, which starts Feb 10. Continue reading

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Only suckers pay taxes!

Remember, for the IRS to consider your activity a business you must have a profit motive not a tax reduction motive! Continue reading

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Are Your Low Prices Scaring Away Clients?

Your clients aren’t necessarily after rock-bottom prices. Rather, rock-bottom prices can put off potential clients. Especially when freelancers are first starting out and they’re unsure of the value of their services, they may be tempted to lowball a project quote. Continue reading

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Death by Cash Flow

If you’ve been in business for any length of time, you know the feeling of a cash crunch. You’re busy working but, for whatever reason, the math just doesn’t add up this month. Continue reading

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Don't Negotiate With Yourself

My father was recently in town for a visit, and we got talking about contracts. He negotiates them for a living for a major corporation, and I negotiate them with major corporations for my living. One of the things that … Continue reading

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How does a self-employed pay himself?

I am often asked by indies -- my affectionate name for self-employeds --  how can they give themselves a paycheck. Here's a question from an IT consultant. His ID has been cleverly disguised. Hi June, I j

ust started a new … Continue reading

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You must have a profit in 3 out of 5 years: Hogwash!!

The IRS reg says that you are a business if you make a profit in three out of five years. It does not say that you are not a business if you don't make a profit in three out of five years. Continue reading

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Introducing: June Walker, tax advisor to "indies" like you!

Hello Creative Freelancers. This is my first post for the Creative Freelancer Blog and so I’d like to introduce myself -- after I point out the tax dilemma that confronts you, the self-employed creative. According to IRS stats, there are … Continue reading

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