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Re: [Orchid] [Biztalk] Taxes - First Sch C  
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From: Rick Hamilton
Date: Fri Jan 06 18:58:18 2006
 
     
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    If you haven't already opened a checking account dedicated to your
    deposits, expenses and business receipts, you should consider it. You
    can pay yourself as well as your vendors, and keep track of everything
    in a program like quick books, which will allow you to track expenses
    by category, and track cash expenses and print invoices as well.
    After a couple of years you will be able to see trends like what sells
    well (and where), what times of the year products do best, and when
    to plan your vacation.... Value your inventory at materials cost plus
    any sub-contractor labor (if you use a setter or caster for example),
    your own labor doesn't count. 

Rick Hamilton

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