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Originally Posted by L-Pink
And expenses never exceed income for each one correct?
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Unfortunately they do, so my company normally runs at a loss
I'm hopeful at some time in the future the company may show a profit, but its very hard with the high cost of gathering content for my sites, last year I spent 3 weeks in Europe, cost was just over 35k and so far the returns have only been in the 1-2,000 range...
It makes you want to throw your hands in the air and just give up but I push on trying my best. Next month I'm going to do a luxury hotel tour or Thailand and I'm hoping that long term the site may make more money than the ones I have tried in the past....
I had a tax audit this year, they went thru everything and found some areas where my company was not keeping enough records, so I had to make a back payment of $3000 and promised we would watch those areas they found. After nearly 8 years of running the company and a full audit $3k seemed painless at the time. Worst thing was the Dali the company brought in NY can't hang on the dining room wall of my house any more....