Saturday, May 30, 2020

The Best of Etsy! New Broken China Shard Jewelry



Hi friends! I hope you are all staying well and finding lots of creative things to do while you wait out the quarantine where you live. Here is a peek at some of the new broken china jewelry in my Etsy shop. I'll have lots more going into my shop this weekend so be sure to stop by and say Hello.


























All pieces shown are available for purchase in my Etsy shop: Dishfunctional Designs

Necklace pendants come with long 24" chains and arrive gift boxed!


Have a great week!
Laura

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Article copyright ©Laura Beth Love 2020 and may not be republished in print or other media without express written permission from the author. For any link corrections please leave correct info in comment area.

Thursday, May 14, 2020

How To Pay Yourself PPP Money: Tips For Etsy Sellers & Artists


Hey friends and Etsy sellers, did you recently get a PPP forgivable loan for your Etsy business or small crafts business? Are you a sole proprietor and wondering how the heck you go about paying yourself with your PPP loan money and using the money correctly so that it is forgivable? Then read on while I share some information that I learned about how to go about doing this.

Before I get started though, I want to say that this is not legal advice and I am not an accountant, just an artist sharing knowledge, so be sure to do your own research and check with your own accountants and financial advisors for how to go about doing what you need to do in your individual situation with your PPP loan.

Ok, to get started, a lot of us are one woman (or man) operations! We don’t have any employees except for ourselves. Using my own Etsy shop as an example, I do everything by myself from start to finish. I make my jewelry by hand, from scratch, beginning to end, all by myself. Right now I don’t have any employees or anyone else helping me out, so I am a one woman operation, aka I am a sole proprietor with one employee, that employee being me!

But I don’t give myself a regular paycheck like I would get if I were working for someone else. When you’re in business for yourself you always hear that you are supposed to “pay yourself,” but with such small operations as many of us have, all the money sometimes goes into one pot and then the bills get paid from there. After all, the idea of sitting down and writing a check out to yourself from yourself every week or two seems kind of silly, no? If anything, it’s a waste of checks, and checks are expensive!

Nowadays, I can buy 100% of my supplies to run my business online, so I literally don’t even need to write checks for purchases. All of the supplies that are used to run my business - jewelry findings such as silver, wire, jewelry components and tools, all the way down to gift boxes and mailing envelopes - all of these business supply purchases can be paid for right out of my PayPal account, or directly out of my bank account. So a huge number of artists, crafts people, and Etsy shop owners don’t even have formal business checking accounts. 


(Note: a business checking account is a good thing to have for other reasons but I’m not going to get into today.) As a quick side note, I keep what I consider to be meticulous records for my business. I keep careful track of all of my expenses and income and over the years I've developed good habits of doing this automatically (and so should you if you haven't already or are just starting out - you will thank yourself down the road, I promise.) A big part of that is keeping receipts and writing things down right away as opposed to procrastinating, telling yourself you'll do it later, and then finding yourself in a mess of paperwork and confusion down the line. But enough of that for now. 

So if you do not have a formal business account then how do you “payroll“ yourself? Well if you’ve gotten this far and you’ve been approved for and received the PPP forgivable loan, then you should already know most of the ins and outs of the loan. You must spend 75% on payroll, and the rest of the funds can be split between utilities, mortgage interest payments and the like. But one thing that you cannot do is that you can’t go and buy equipment or supplies with the loan, or use it haphazardly. It must be used in the ways that the loan regulations specify, and just as importantly, you must be able to prove that you used it the way you were supposed to, which means you need documentation.

Now remember, since you are paying yourself, you are free to use your pay however you like and can get your equipment that way. I would love to buy a big kiln with my PPP loan but instead the money will be going to my payroll and then once I have that pay, I can then figure out how I’m going to buy my kiln, or use it however I like. Make sense?

OK now let’s get to it. The PPP loan is for eight weeks of payroll. Any balance left over after the payroll is paid is for those other particular expenses that I mentioned earlier. Now how do you go about documenting eight weeks of your own payroll to yourself? And how do you figure out exactly how much of that loan money will be allowed toward your payroll?

When you applied for the loan you most likely had to provide your 2019 income tax document schedule C which shows your net profit. Your schedule C line 31 was used to determine how much of a loan you would get.

Simplified into a basic math problem, you take the dollar amount from line 31 on your schedule C (your net income from 2019) and you divide it by 52 (the number of weeks in a year) and then you multiply that answer that you got by eight (the loan is to cover eight weeks of payroll.) The dollar amount you end up with is your total payroll for the eight weeks. That is the exact amount you can pay yourself, and if all is done correctly, hopefully have that portion of your loan forgiven. I don’t know if it makes a difference whether you pay yourself weekly, biweekly or in two monthly payments, but I would do at least the two monthly payments, even better breaking it down into biweekly or weekly payments.

Next take your loan amount (The entire dollar amount that you were granted as a loan) and subtract your total payroll amount (that you just got from the math problem that we just did) and you will see what your left over balance is. Here is where it gets tricky. Do not go out and spend that money on supplies or business purchases. That money is only to be spent on certain things such as rent, utilities and mortgage interest payments during that same eight week period, and you must have complete documentation to prove it.

To clarify, the entire amount of the PPP loan is to be used only for that eight week time-period. So it’s for eight weeks of payroll with the remainder of the funds being used for other expenses such as utilities, rent, or mortgage interest for the duration of those same eight weeks.

If you can’t spend the leftover funds on those particular expenses, there are two things you can do. You can give the remaining balance of the funds back, or you can use it as a loan which is at 1% interest for 24 months.

Please note that you will need to apply for a loan forgiveness because it is not automatic. You will need to prove to your lender with careful documentation that you used the money for payroll and those other expenses to have the loan forgiven. The forgiveness is not guaranteed so be sure to document everything and cross your t's and dot your i's.

From what I have heard the payroll forgiveness (the 75% of the total loan) in some cases may be proven just by submitting your Schedule C from your 2019 taxes, so you don’t explicitly have to show canceled checks that you wrote out to yourself and deposited back into your account. But a smart thing to do is to not put the loan money in your personal account but to open up a separate new online banking account, put the loan money in there, and then pay yourself in the form of deposits from the new account into your personal account. This separate account will help to keep everything in order, help to avoid confusion, and to make documentation simple. Make sense?

Just remember that you will have to provide documentation for how the remainder of the monies were spent to apply for that forgiveness.

Anyway, I hope this information was of help to anyone who is in this situation and like I said earlier, please check with your accountant and/or your financial advisor or loan representative for how to go about your documentation because this information may not apply to every person since all of our situations are exactly the same.  Good luck!






Have a great week!
Laura

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Article copyright ©Laura Beth Love 2020 and may not be republished in print or other media without express written permission from the author. For any link corrections please leave correct info in comment area.

Thursday, April 2, 2020

Learn How To Make Ukrainian Easter Eggs - New Workshop!




Have you ever wondered how Ukrainian Easter Eggs are made? 

Now you can learn how to make your own Ukrainian Easter Eggs, called Pysanky, in my online workshop! 



Watch at your own pace and learn step-by-step while following my detailed instructions and demonstrations how to create this beautiful traditional craft.

I'm excited to share my egg decorating workshop with you! 

Check out the short video clip below for a sneak
peek of my Skillshare workshop:
Pysanky: Learn To Make Ukrainian Easter Eggs! 








And while you visit Skillshare, be sure to check out all the different types of instructional videos available to you, each from professional artists and craftspeople. Don't miss out! 




Have a great week!
Laura

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Article copyright ©Laura Beth Love 2020 and may not be republished in print or other media without express written permission from the author. For any link corrections please leave correct info in comment area.

Saturday, March 28, 2020

Free Printable! Cover Your Sneeze Please Art Print






I love creating artwork and have been meaning to get some free printables for you to use up on my blog for the longest time...and now I have lots of time to do so! 


This is the first (hopefully of many) printables that I will be offering you here on my blog and so it is my trial run. If you download the artwork and print it out, let me know how it goes for you, as I am still at the starting point and eager to work out any glitches. 


You are free to print a copy of this artwork for display in your home or work, but you are not allowed to sell any copies of it in any form (this means you may not sell the digital file, prints of this artwork, or items such as t-shirts with this artwork printed on it. More on that below in the fine print.) Just know that it's for your own personal use and you may not sell it in any form. 


Ok, on to the good stuff. This is an original watercolor painting of the popular evil eye motif which I combined with the graphic font to create this cool little poster that's perfect for reminding your kids (or anyone else) to cover their sneeze, please! It's perfect for teacher's classrooms and doctor's offices, and you are free to print out 5 copies for your own personal use! Please read the legal usage rules below if you are going to use a copy. If you would like to use this image for other applications or for more copies, please contact me to purchase a usage license.


 Free printable from Laura Beth Love
This is a sample version of the image


I created this special file in an 8-inch by 8-inch square so it's perfect size for display and easy to print out right from your home printer. I also saved it as a .PDF file so you could have the best possible print quality.  


To get the file, simply left click on the above image to be taken to the file (Do not "right click and save" on the above sample image because that is just a small .jpg sample sized image and is not the full size or print-quality file.) 


You can also get the .PDF directly by going here.


Please enjoy this print and be sure to check back for more free printables! Also, I would LOVE to see how you display my artwork in your own home so be sure to post a picture on my facebook page, tag me on Instagram @laurabethlove, or email it to me at sales@dishfunctionaldesigns.com so we can share it with everyone! 






The legal stuff: This original artwork was created by me, Laura Beth Love, and I retain full copyrights for the sale and distribution of this artwork. You are permitted to print out up to five (5) copies for your own personal use. You are not allowed to sell prints of this artwork or any other type of tangible copies or facsimiles of this artwork such as t-shirts with this artwork, nor are you allowed to sell a digital copy of this artwork either by itself or as part of a collection without purchasing special rights from me.





Have a great week!
Laura



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Article copyright ©Laura Beth Love 2020 and may not be republished in print or other media without express written permission from the author. For any link corrections please leave correct info in comment area.

Friday, March 27, 2020

How To Safely Shop For Groceries & Disinfect Them in COVID-19 Pandemic




There has been ongoing debate as to whether or not you should take the extra time and care to disinfect your groceries to prevent the spread of Covid-19. 

In the end, no matter what your opinion is, the choice is up the the individual. 

Being an asthmatic, I always like to err of the side of caution, so I am being extra careful with my own families groceries. 

I actually do a process that is similar to the one that is demonstrated in this video, but I never set my produce on the surface of my sink! I use a clean towel instead. 

I hope all of you and your families stay safe and well as we work through this road-bump.

Laura




Have a great week!
Laura

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Article copyright ©Laura Beth Love 2020 and may not be republished in print or other media without express written permission from the author. For any link corrections please leave correct info in comment area.




Wednesday, March 18, 2020

Craft Time For Toilet Paper Hoarders: Toilet Paper Tube Art


Why do you need so much toilet paper?

It's all over the news. People are hoarding rolls and rolls of toilet paper like there's no tomorrow. (There will be a tomorrow people, I promise, just stay home for a bit, wash your hands and take care of your families!) In the mean time, go easy! 

There are lots of people in this world and everyone needs some, so please take only what you need, and share your extras. There are elderly folks, young couples with babies and lots of young children who need it too, so just keep that in mind. Anyway, now that I've helped to spread the social message, what the heck are you going to do with all of those leftover empty cardboard toilet paper roll tubes? Read on...


Fritz Junior Jacquet had the right idea when he decided to transform empty cardboard toilet paper roll tubes into fun crafts. The toilet paper roll face was born and now with a little bit of know-how and a bit of practice, you can make your own. 



Instructions:

1. Wet the toilet paper roll tube. Make it soaking wet, but don't soak it in water for too long or it will completely fall apart. Just drench it.

2. Use your fingers to manipulate the cardboard, pinching and forming it to create facial features; eyes, a nose, a mouth, puppy dog ears? You get the picture. 

3. Allow it to completely dry and harden.

4. Paint with your favorite paints. I recommend acrylic paints. Allow to dry. Enjoy. 

Check out these amazing examples to inspire you. What other things could you create? How about cats and dogs, or even an alien? I want to see what you create, so if you make this craft be sure to share photos on our Facebook page!









Above you can see part of the process, once the cardboard tubes are shaped and allowed to dry. Now they are ready for paint!









All images & artwork from Fritz Junior Jacquet



What do you think?

Have a great week!
Laura

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Article copyright ©Laura Beth Love 2020 and may not be republished in print or other media without express written permission from the author. For any link corrections please leave correct info in comment area.


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