Comments on: Show You the Money: The Basics http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/ Visual Storytelling Insights, Tips and Advice for Anyone Who's Interested Tue, 07 Feb 2012 18:27:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Karen J Lloyd http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1935 Karen J Lloyd Sun, 11 May 2008 05:56:20 +0000 http://karenjlloyd.com/blog/?p=99#comment-1935 Of course you can still always can register a name. But then there's the bank account thing. If you're just doing pretty basic work-for-hire, I'd just stick with working under your name for now. Yes, the time off has been nice. But now I'm hoping my new show is ready cause I gots me a vacation planned in June! :) K Of course you can still always can register a name. But then there’s the bank account thing. If you’re just doing pretty basic work-for-hire, I’d just stick with working under your name for now.

Yes, the time off has been nice. But now I’m hoping my new show is ready cause I gots me a vacation planned in June! \':)\'
K

]]> By: Debi http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1927 Debi Sun, 11 May 2008 04:06:10 +0000 http://karenjlloyd.com/blog/?p=99#comment-1927 Great info. You answered one of my burning questions on if a freelancer has to register as a business. Good to know. Hope you enjoyed the week off! Great info. You answered one of my burning questions on if a freelancer has to register as a business. Good to know. Hope you enjoyed the week off!

]]> By: Karen J Lloyd http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1860 Karen J Lloyd Wed, 07 May 2008 18:33:29 +0000 http://karenjlloyd.com/blog/?p=99#comment-1860 Thanks Jonathan. It's all a process and if I make that a little smoother for you, I'm happy. Next one should be up soon. :) K Thanks Jonathan. It’s all a process and if I make that a little smoother for you, I’m happy. Next one should be up soon. \':)\'

K

]]> By: Jonathan http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1859 Jonathan Wed, 07 May 2008 18:21:37 +0000 http://karenjlloyd.com/blog/?p=99#comment-1859 Great post! Very informative. Still have so much to learn...sigh. Keep up the good work and can't wait 'til your next post! Great post! Very informative. Still have so much to learn…sigh.
Keep up the good work and can’t wait ’til your next post!

]]> By: Karen J Lloyd http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1819 Karen J Lloyd Mon, 05 May 2008 23:18:54 +0000 http://karenjlloyd.com/blog/?p=99#comment-1819 My pleasure Lalena :) That's what I'm here for. The next one should be up later this week. Hope it's what you're looking for. It turns out I may have the rest of this week off! Good news for me (for the most part) and bad news for Boots (the director). Production issues...gotta love 'em. K My pleasure Lalena \':)\'
That’s what I’m here for. The next one should be up later this week. Hope it’s what you’re looking for.

It turns out I may have the rest of this week off! Good news for me (for the most part) and bad news for Boots (the director). Production issues…gotta love ‘em.

K

]]> By: Lalena http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1818 Lalena Mon, 05 May 2008 22:56:45 +0000 http://karenjlloyd.com/blog/?p=99#comment-1818 Thanks for getting a post out on this subject so quickly! :) Glad you have some time off. Have fun and enjoy! Looking forward to future posts. Lalena Thanks for getting a post out on this subject so quickly! \':)\' Glad you have some time off. Have fun and enjoy! Looking forward to future posts.

Lalena

]]> By: Karen J Lloyd http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1815 Karen J Lloyd Mon, 05 May 2008 20:51:37 +0000 http://karenjlloyd.com/blog/?p=99#comment-1815 Ahh....good one. I just never had it go on the positive side for me. I always end up paying. But for just starting out, yes I can see it. So maybe it is a good idea to get one when you start freelancing anyway. Thanks Adrie! K Ahh….good one. I just never had it go on the positive side for me. I always end up paying. But for just starting out, yes I can see it. So maybe it is a good idea to get one when you start freelancing anyway.

Thanks Adrie!
K

]]> By: Adrien http://karenjlloyd.com/blog/2008/05/05/show-you-the-money-the-basics/comment-page-1/#comment-1814 Adrien Mon, 05 May 2008 20:34:08 +0000 http://karenjlloyd.com/blog/?p=99#comment-1814 The ONLY cooool thing about GST numbers is that even if you AREN'T earning more than 30,000, it's a really good thing to have. Yes, you do have to bill for it and collect it, but what a lot of people don't know is that ALL of the money you spent on GST buying your supplies you can have back! So this is how it works. You take all the money you billed in GST and total it up. Say, it's a 100.00 'cuz yer just starting out. Then you total up the amounf of GST you spent buying supplies and other right offs. Say that ends up being 200.00. You get a hundred back. Very handy when you're just starting out. Often start up cost are very high and art supplies are very expensive, especially drawing boards and animation paper/supplies. So even if you haven't made any money, with a GST number you can get back all of the 5% you spent on GST for those supplies. The ONLY cooool thing about GST numbers is that even if you AREN’T earning more than 30,000, it’s a really good thing to have. Yes, you do have to bill for it and collect it, but what a lot of people don’t know is that ALL of the money you spent on GST buying your supplies you can have back! So this is how it works. You take all the money you billed in GST and total it up. Say, it’s a 100.00 ‘cuz yer just starting out. Then you total up the amounf of GST you spent buying supplies and other right offs. Say that ends up being 200.00. You get a hundred back. Very handy when you’re just starting out. Often start up cost are very high and art supplies are very expensive, especially drawing boards and animation paper/supplies. So even if you haven’t made any money, with a GST number you can get back all of the 5% you spent on GST for those supplies.

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