me and my girlfriend were thinking about starting our own clips4sale store, but are pretty clueless about some of the details regarding payouts. So we're asking those of you who have your own stores to share your experience. My general consern is tax-related. Do you guys have your own registered companies/businesses, that you get the funds transfered to, or do you use your private bank accounts ? I mean, I don't expect to earn a fortune from an amateur foot fetish store, but I just want things to be legit and legal. Oh, we're from Europe, if that plays any part in all this. One more thing, when you recieve your funds, who is the sender? Does it say clips4sale.com or is the company registered under a different name ?
Thanks for your help!
-------------------- "I feel the need. The need for speed!" Posts: 166 | Registered: Mar 2004
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posted
You need to research it a little further if you are really serious.
Check payouts come from Intermark Enterprises and for taxes you are sent a 1099R form in January for filing taxes. I don't know how this works for you in Europe though. When we file it is just added into the old 1040A form as another source of income filed with all your W-2s.
posted
personally i decided to run my clips4sale store under under my business rather than personal and as a result it goes to my separate business banking account.
i find this better in terms of organization so i don't mix up personal and business funding but really in the end all the fine details boil down to you as an individual and how you wish to manage your finances from a plethora of options.
ledeaman was right when he said research it a little further if you were serious.
posted
Thanks for the input guys, further research is underway, I just wanted to read some first hand experience. I contacted clips4sale too, I'm still waiting for their reply.
What things do you think I should put special attention to, regarding research?
-------------------- "I feel the need. The need for speed!" Posts: 166 | Registered: Mar 2004
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bluetoelover
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posted
I would say research your market first off. What niche do you plan on catering too? As in the worshipping crowd,Footjobs,just pics,"slave like" aspect etc. Or are you going to cover a bunch of those? Also you might want to start taking some pics to post up in Wu's and other foot boards to start building a fanbase.
Good luck with your venture either way!
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For starters, we were thinking about footjobs, later on we would take requests, so I wouldn't want to limit our store just to one niche. Ofcourse, the main saying in this is the missus'
The pics idea and promotion is good, but I have to get my hands on a quality camera, 5MP isn't cutting it anymore...
But for all your help so far (and hopefully in future:) ), here's a teaser pic of my girls feet Enjoy.
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