OK- in addition to all the other points about profitability...



Even if she pays the SALES tax (that was assumed in my original example), you are still left paying the income taxes. All of them. If you make over $400 in a year in this endeavor, you are legally obligated to pay taxes. If you are set up as sole proprietor (which is risky enough to write books), you don't need an accountant and file your own tax returns. The "self-employment" tax is 15.3 percent and covers medicare and social security. You still have to pay federal income tax, as well as state and even city taxes depending on where you live. She can't pay these taxes for you- if she paid you more to cover them- it would just be more "income" to be taxed. Even if you were an employee, she'd only be paying a small portion of them.



Another point- good luck getting wholesale animals that are eating f/t. You will most certainly need a source of live feeder rodents.



Now, if you are studying business or you are interested in retail sales, than the endeavor might be worth something on that scale. How much is the learning experience worth to you? Set a price, and when the bill goes over that, get out. Just make sure if you go that route that you are actively thinking about the experience as a learning method.



K. Royer









>>Well what it would be is that the setups and care would be done by me. I would only work the random hours I have when I am not in school. I am not employed there and I was ensured that all taxes would be paid by her. Food wise, she can get frozen and I am going to see if she will let me get those from her at the cost she pays. I understand that this can be expensive but I think if I can make even 20 bucks in the end, then its worth the expereince of selling.
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Kassandra Royer

Royer Reptiles

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