Solutions April 2018 | Page 44

be deducted. That brings me to the next point: Hire a bookkeeper or a certified public accountant (CPA) to do your taxes. I know I am suggesting you spend money here, and I realize that is not something you may be able to do at first. But as soon as you are able, I highly recommend you hire someone to help you do your taxes. Your taxes will be more complicated when you are self-employed, and investing in a professional to help you will save you money in the long run. Determine your business type. If it’s just you, you are probably going to file your taxes as a sole proprietor. Once your income increases, you might look into filing as a Limited Liability Company (LLC). This protects you in the event of a lawsuit. One day you might be able to set up your business as an S-Corp, which has certain tax benefits for those who are earning above a certain amount. If your at- home business is direct sales or a multilevel marketing venture, your up- line should be able to help you with this. If not, I recommend talking to a CPA. Join a business suppor t group. Brilliant Business Moms, iBloom in Business, and Christy Wright’s Business Boutique are all networks for Christian women in business that I have utilized at some point in my work- at-home mom journey. Also, check 44 • Solutions your local Chamber of Commerce for their offerings. Consider attending a professional conference like Business Boutique, which is perfect for female entrepreneurs. This has been one of my favorite conferences to attend over the past few years. ACTION STEP: If you’re ready to try a work-at-home mom gig, start by setting up a separate bank account just for your business (make sure to discuss this with your spouse first!). Then work your way through the other steps to set up your business. MAKE AND SELL M any moms generate income from home by selling home- made items on online marketplaces like Etsy.com and HyenaCart.com, at local craft shows, and even via personal websites. Homemade goods can range from skin-care products to baked goods to graphic design to clothing to baby items and so much more! After she became a mom, my friend Erin, a nurse and lactation counselor by trade, began making lactation cookies to help breastfeeding mamas increase their milk production. She and her friends enjoyed them so much that she decided to make a business out of baking and selling custom-ordered lactation cookies