From Chandra Adams of Adrolite Press
#1 You Need A Business Plan
#2 You Should Have A Business Checking Account
#3 You Need A Marketing Budget
#4 P.O. Boxes are helpful in separating your personal life from our business life
#4 You will need ISBN numbers
#6 You should copyright all publications
#7 You will need a business license
#8 You will need to keep track of your revenue and expenses for tax reporting
#9 Think about if you want to run your business as a sole propietor, partner, limited partner, or corporation, or non-profit – different rules and taxes apply
#10 Sole proprietorship is most simple form of business ownership but does not protect or limit liability against your personal assets, and limited liability status protects your personal assets but not entirely so be sure to acquire business insurance
About the author
Chandra Adams was born in Oakland and raised in Berkeley, California with her mother, father, and five older siblings. She studied piano, loved reading, dance, acting and cheerleading as a youth. She attended the University of California, Berkeley and earned a BA in Statistics and was chosen to speak to the George Bush Administration’s Education Council upon their visit to the university. Adams also attended Clark Atlanta University where she earned a finance MBA.
Chandra began her career as a financial analyst at companies such as Turner Broadcasting System and IBM. After taking a hiatus to write her first novel, Ms. Adams returned to corporate business as a Demand Planner at a Fortune 500 consumer packaged goods company.
Adams recognized her love for the written word during her years at U.C. Berkeley and taught English for a brief time. She authored her first book, Shades of Retribution and launched her own publishing company, Adrolite Press, in 2004. She is also the associate director of the Los Angeles Black Book Expo and co-host of Mixed Matters, a talk show on North Bay Media Review. Adams is the owner and contributor of several websites and blog sites including:
http://www.ChandraAdams.com
http://www.AdrolitePress.com
http://www.SweetHomeVallejo.com
http://www.NorthBayMediaReview.com
http://www.TheManShortage.com