Showing posts with label self employment. Show all posts
Showing posts with label self employment. Show all posts

Black bow designs


I have started creating things for other people, I am unsure whether I want to go far with this and am trying to work out the tax implications of having my own wee business making baby slings and other baby/mummy related stuff.

I have made two baby slings this week, and the new owners love them, one is a ring sling the other a pouch sling, both were relatively easy to make and I enjoyed it, I also made a new ring one for Miss N and I to use, we love it.

I also made myself a dress that is breastfeeding friendly, I absolutely love it, its warm (merino) and stylish and I can easily and discreetly feed our wee girl wearing it.

So what do I do, continue with this and set up a wee business that's all legitimate, or do the under the table thing and hope that I don't get caught, I am leaning towards keeping all my receipts and running a receipt book and keeping 20% of my income aside for tax purposes just in case.

D

need ideas on how to add to family income

So we are looking at buying a house, so I thought I would look at ways that I can supplement our family income without having to put the children into daycare.

I sew so I thought maybe there is something I can find to make that there is a market for.... One thought was baby slings. I love mine and find it a great way to carry O, esp when hes a bit grumpy and clingy. So I have an idea, now how do I make it work. Any ideas would be welcome, I thought maybe a note in the kindy cubbyholes, or an ad in the school newsletter.

My other thought was maybe making clothes and selling them at the market or online... there seem to be some cool things happening on trademe etc where people are making "original" clothing and selling them.

Any way help would be good on anything that I can do to help us.

D

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