One of the areas that most beginning online sellers know little or nothing about is how to keep the books for their new online sales venture. Uncle Sam wants his portion of your profits, and it is probably most common for sellers to file a Schedule C and SE along with their annual 1040 tax return with the IRS. Some people find it easier to hire an accountant to handle these things for them - they put the receipts and printouts in a shoebox and hand it off to them each January to turn into a meaningful report about if you made money or lost money. But don't you really want to know if you're making money during the year, so if you're NOT, you can work on changing that?For small sellers just starting out, you can probably do this yourself and save a little bit of money if you have just a few simple guidelines in mind. If you took a bookkeeping or accounting course in high school or college, you're ahead of the game, but just in case, I'm going to discuss a few basic accounting concepts to give us a framework for my lens.I'm not a tax accountant, but I have been an accountant at a non-profit firm since 1999, and earned my Bachelor's Degree in Business Administration with an emphasis in Accounting, so I've got the background to help you get started.If you have Microsoft Excel, you can use spreadsheets to keep track of your records and help prevent mathmatical errors. If you don't have Microsoft Excel or another kind of spreadsheet program available, you can purchase ledger books at most office supply stores to record your entries in. You would want two-column and three-column ledger books. These have columns for Date, Description, and then two columns usually on the right side of the page, one for Debits and one for Credits. You would use one sheet of the two-column ledger pages to create Journal Entries, and then have a separate page using the three-column ledger pages for each Account, where you post the Journal Entries - first column for debits, second column for credits, third column for the running balance.I am a proud member of the OSI Rock Stars! OSI Rock Stars is an educational gold mine for online entrepreneurs who "Choose Success", as RockStar Founder Janelle Elms would say. Through OSI Rock Stars, we have the opportunity to participate in podcasts and webinars covering a broad range of topics that all online sellers would learn from: accounting, taxes, product procurement, search engine optimization, even Squidoo! Janelle puts out a daily newsletter filled with kudos for the success that we have built, sharing questions she has received and gathering input from the newsletter subscribers to help answer the question. The OSI Rock Stars brings together a broad range of people, whose group knowledge is available to all to learn from. If you would like to get more information, click on the logo below.

OSI Rock Stars is an educational gold mine for online entrepreneurs who "Choose Success" as RockStar Founder Janelle Elms would say. Through OSI Rock Stars, we have the opportunity to participate in podcasts and webinars covering a broad range of topics that all online sellers would learn from: accounting, taxes, product procurement, search engine optimization, even Squidoo! We can learn more about how to diversify our businesses, as well as how to make the most out of the components we already have in place using the great information available at OSI Rock Stars. Janelle puts out a daily newsletter filled with kudos for the success that we have built, sharing questions she has received and gathering input from the newsletter subscribers to help answer the question. The OSI Rock Stars brings together a broad range of people, whose group knowledge is available to all to learn from.

Janelle has gathered a group of several experts on various topics to hold webinars and conference calls to share information with the OSI Rock Stars community. I have become sort of a Squidoo Guru among the Rock Stars, and have enjoyed not only being interviewed as an eBay Powerseller, but teaching an Advanced Squidooing class as well as a class on Alternative Selling Venues. I'll be having my second Squidooing class in February to provide additional education on ways to use Squidoo for your business.

I joined OSI Rock Stars to help me learn new ways to market my eBay Store, Katiyana's Collectibles, where I sell handmade doll clothes and handmade bear clothes which are made to order for my buyers. These make excellent gifts and have almost 50 different designs fitting several holidays and seasonal themes.

This is a resource that will help you deal with the ever-changing eBay selling environment!

Intarsia is a term from woodworking for inlaying different types of wood into a piece to form a design. Instarsia knitting is a multi-colored knitting technique where you have multiple live strands of yarn active as you work. The yarn is usually wound on small bobbins and hang from the back of the work as you go along. The key to getting a good look to your knitting is to wrap the strands of yarn around each other as you change colors, this prevents holes from forming.I use the Intarsia knitting technique to create the picture designs I use in my handmade doll clothes and handmade bear clothes that I sell at my website. I use the Fair Isle technique when putting names on sweaters, as I find its easier than running mutiple threads at once.You can see three of examples of my work in my logo. All of my intarsia knitting is done by hand, but there are knitting machines that are designed for intarsia knitting in mind. It can be a much faster and easier way to create multicolored designs, if you can master it. You can learn more about Knitting Essentials by purchasing tutorials like this one.

As a young person in college, you may need extra cash. (I know I do.) But, it can be hard to keep a steady job, whether part- time or full- time, while being a full time student. So, you may consider digging...

OSI Rock Stars is an educational gold mine for online entrepreneurs who "Choose Success" as RockStar Founder Janelle Elms would say. Through OSI Rock Stars, we have the opportunity to participate in podcasts and webinars covering a broad range of topics that all online sellers would learn from: accounting, taxes, product procurement, search engine optimization, even Squidoo! We can learn more about how to diversify our businesses, as well as how to make the most out of the components we already have in place using the great information available at OSI Rock Stars. Janelle puts out a daily newsletter filled with kudos for the success that we have built, sharing questions she has received and gathering input from the newsletter subscribers to help answer the question. The OSI Rock Stars brings together a broad range of people, whose group knowledge is available to all to learn from.

Janelle has gathered a group of several experts on various topics to hold webinars and conference calls to share information with the OSI Rock Stars community. I have become sort of a Squidoo Guru among the Rock Stars, and have enjoyed not only being interviewed as an eBay Powerseller, but teaching an Advanced Squidooing class as well as a class on Alternative Selling Venues. I'll be having my second Squidooing class in February to provide additional education on ways to use Squidoo for your business.

I joined OSI Rock Stars to help me learn new ways to market my eBay Store, Katiyana's Collectibles, where I sell handmade doll clothes and handmade bear clothes which are made to order for my buyers. These make excellent gifts and have almost 50 different designs fitting several holidays and seasonal themes.

This is a resource that will help you deal with the ever-changing eBay selling environment!

The name of of your business is one of the most important things that you want to make sure to get right. A wrong name can cost you business and clients, as it's the first thing that customers hear. I mean...

I love Office Products. The smell of new paper makes me giddy. So I decided to make a list of my favorite must-have office products.

starting a small businss/website that makes money is too hard for some people if they do not know what the right tools and ways is? here you can find what the tools you should use to make your website makes money.