Well guys, it’s a few days into October, and I’m stuck trying to figure out how my teammate and I are going to make our money. Despite Wonckay and I being only 14, we’ve planned to try and rake in some dough anyway. I think I can send the money through my parents when necessary, but there’s a lot we don’t know about what we’re doing in terms of business. So, I have a few questions for those who are more experienced than I am. We’re in the U.S., and thinking about using either BMTMicro/another payment service or Desura to sell through. Forgive me if I ask anything stupid or ignorant, but let’s just say I’m not nearly as good with this as I am programming. (And I’m far from perfect with that, too, haha.)
1) I’m pretty sure that both of the aboved services, to some extent, take out some government taxes before giving you your money. What I’m not sure about is whether or not I’ll have to pay any more taxes after that- would everything be taken care of? Because if there’s one thing I don’t understand, it’s taxes, and I’m hoping they don’t get in the way.
2) What kind of business license needs to be registered? You have no idea how much research I’ve done on this without getting any solid answers. Sources say everything from “you don’t need one” to information seemingly meant for physical businesses. So, what do I need, and how should I get it? Will using Desura rather than selling it with BMTMicro make a difference? (You know, since using Desura would make us under another business.)
3) Is it even smart for us to try and be making money at this age? I know it’s risky, but I’m really hoping we can do it. I’ve seen other people who say that it would be better if the young guys here were to just forget about it, but I’m not so sure. I’d like to try out the commercial thing, you know? So please, don’t just say, “Don’t worry about the money, just have fun, stay in school, hohoho, merry Christmas!” (If it’s really that hard, maybe I can just set up a donation system from free to infinity dollars. I would definitely appreciate infinity dollars.)
Thanks in advance!