A Landmark Week
Last week was a pretty big one for Polymath Design Lab. First, I ran across a promotion that Quicken’s MyCorp was running through December 5th to waive their standard $149 fee and register new corporations or limited liability companies for just filing costs plus postage and handling fees. (By the way, for anyone else who may be starting their own business or thinking about changing to one of these structures – I just saw that they’ve extended the deal through the end of December.)
I had been planning to stick with the sole proprietorship structure, but after reading a bit more, including an entry over at PDXindie from Bread and Badger suggesting that anyone starting a new business go straight to LLC based on her difficulties with converting from one structure to the other, I decided to take advantage of this opportunity and get Polymath Design Lab set up as an LLC. Fortunately, it costs the same in Oregon to register an LLC as it does to just register a business name for a sole proprietorship – the biggest difference is in the amount and intensity of paperwork, and after filling out a few fairly quick web forms, MyCorp will be taking care of that for me!
I also made my first two sales through my etsy shop – including one that came along with a really wonderful convo (conversations, or convos, are the means for people to contact each other through etsy) talking about how the buyer had been looking for a necklace like my golden spiral pendant for months! I can tell you I was pretty well floating after that…
As far as the projects I mentioned in the last post: the vinegar is still infusing, I need to get different fabric for the light tent because what I picked up is a bit too thick, the ponoko order is en route, and I hope to have the projector finished by the end of the week. More soon…