That is not depreciation. This is for fixed assets. furniture, equipment etc. You need a talk with an Accountant. UK
by Tavy - 9 hours ago
You need to scale this back a bit as you may not get the sales that you expect, I know three people who've self published and once their families have bought they only sell a couple each year, even writers with agents and reputations don't make a living, so you need to be realistic, if you're lucky you'll make a couple of hundred in the first year then a trickle from then on. Depreciation isn't really relevant to book-selling as the item doesn't wear out over time, I think you mean diminished sales potential. With self-publishing it's much more cost-effective to print the books when you have an order, then you do not have surplus stock...but as you've already had a lot printed try to get these into libraries and in local bookshops...and send a copy to every book reviewer in the country.
by Lily B Talus - 9 hours ago
Setting up Your Company to Obtain a Small Business Loan
If you’re looking to expand your business, you may be considering getting a loan. In order to achieve that goal, you’ll need...
From hobby to wine in the sky: Whitewater Vineyards
Gout de terroir. Wine aficionados are familiar with this phrase, which refers to the “taste of the soil” that...
Less Stress Spells More Tech Spending for Small Business Owners
More than half of small business owners would now rather invest in their businesses than stockpile cash, according to new...
Volume of Loans to Small Business Increases First Time Since 2010
Healthy sales and strong profits are making private U.S. companies increasingly attractive prospects to bank lending...
Starting out: It’s Time to Get Organized
You are the creative mind behind your business. The entrepreneur. The genius. Certainly, you shouldn’t have to spend a lot...
The lien on your business you never knew you had
If you have ever applied for any type of business loan, you may be shocked to learn that there could be a lien filed against...