Well, we were spared the sleet/freezing rain/snow. I would have loved to see some snow tho. We have not been spared the rain or cold temperatures, however and it's slated to rain all day long and the high is slated to be 35 degrees. It's not going to be a productive day in terms of work, I'm simply not working in the rain. There is nothing out there that important that needs to be done that I'm going to risk getting sick over.
I have plenty of paperwork to do and today seems to be the ideal day to try to get it done. Quick books may be my business friend, but it's paperwork and I don't like it, lol.
However, before I start doing that, I will be taking my daily trip over there, check everything out, see if the new guy has moved in yet - and then leave, lol.
Anyway, the lady from the welding company paid the bill for the 2 lots - I added the alleged card processing fee, only to find the full amount in my business checking account. They haven't actually taken any fees out of any of the payments I have received thus far, neither have I received a bill for it? My bank hit me with a service fee at $15 that I didn't know existed.
I don't know, maybe there has to be a minimum balance maintained all month long to keep from getting that fee. I"ll be finding out. What is nice to see is that all the bills have been paid for last month and there is a nice little chunk of change sitting in that account.
My Facebook ad actually helped me get these people and I'm considering doing it again. I really want to get at least 2 more long term in there. In fact, if I got 3 more in there? I would be able to pay myself the same wages as when I was working at Ferguson. I'm not saying that's anything great - but I could live off of it. It's kind of an interesting situation. Pre-tax of course. Get the park full of long term? If I just cut back on certain things I could actually keep myself out of trucking.
I think for $20 it's worth trying that ad again. I've got it up on my website some verbiage saying laundry room coming soon - I can't remember how the web designer worded it. You have to scroll down a bit to see it, but it is prominently displayed. Now that I've got oil field workers in there, it may be that they might give some word of mouth promotion for the park as well. I dunno. I may rethink my action of raising the rates $50.
We'll see. I'm leave it there for a while and see if I can get anyone to take a lot at that rate. Look, I'm encouraged that I have 5 full timers in there now and none of them indicate they are going anywhere anytime soon.
I've figured out that I have to send in payments to the federal government quarterly. I have not figured out how much of a percentage I need to pay them. Because I am a sole proprietor, what I'm required to pay is income tax and I think SS and medicare. There is another park in town with an office manager that is willing to help me, I'm trying to think of everything I want to discuss with her before I call her. She runs the nuts and bolts of the operations - the thing I despise the most: paperwork.
I know, I need to see a CPA, there are plenty around and one 2 blocks away taking appointments. It's just money I don't want to spend but money I must spend in order to keep myself out of IRS cross hairs. First and foremost, 2022 taxes. I had no income from the business but I sure as Hercules spent a ton of money on that project! I haven't even looked at it, but I can guess how much I made from the previous job last year. I was taxed at a much higher rate, I should stand to be due a healthy refund.
As always, sitting here drinking coffee and writing isn't getting much of anything done, but it does help me focus. There is no way I"m going to go back there today and try to get that trailer out of there. Recipe for disaster, I'd have to wait all day long for James to get off of work to get him to come over with his 4x4 pickup to pull me out. The water heater and enclosure? Can wait.
But what I think I will do, now that I'm thinking about it, is go to Lowe's figure out what I need, write it all down and then go home, get on this computer and order everything for the electrical. I wish one of the other credit card companies would have given me the nod because Amex doesn't like you carrying balances and right now, it wouldn't bother me to carry a balance linked to the business account. Just perplexing why Amex said yes and others said no.