Hi Rachel. Thank you for the valuable information. I have a question, do we also create a separate account on Amazon for KDP, or use the same account which we use to shop on Amazon?
Rachel. You fell right on time. This is something Ive been considering. I am reworking my Channel because I had a babylast yr and now I am focusing more on my prof future.
Rachel, THANK YOU!! Hope your move went amazingly. Yes, bookkeeping is essential. I'm just beginning my business, so your help is VITAL! (plus, I'm in Canada, too, so all the Canadian tips are awesome!)
Oh, hey there, Cat! After incorporating I got a business account with RBC. But when I started as a sole proprietorship I just used a personal chequing account on Tangerine.
Hi Rachel. Thank you for the video. I just have 1 question, please. I set up my business a while ago. Never been more proud of myself, apart from other amazing achievements. My question is, How would I be able to publish my books online and in retail outlets, with my business name inside my books, so people know that not only am I an Indie Author, but also the business CEO of my own company?
Hey there! You can put whatever name you want inside your book. I usually include my brand name and contact details in the lower left corner of the second page of my book.
@@RachelHarrisonSund That`s fantastic thank you. How do I do that? Do I do that during the publishing part right before I consider to publish it as the finishing product?
Hi Rachel! You are doing an amazing job with your videos! Love just seeing your face and hearing your voice :). LLC actually can apply to a Canadian corporation as well ... it stands for Limited Liability Corporation. When you complete the paperwork to setup the corporation, you will probably see this terminology being used. You will see either "Inc. or Ltd." beside a Canadian company name which stands for Incorporated or Limited. Curious, does KDP deduct a 30% tax rate from your earnings? Thanks
Hi Kerri! Aw, what a beautiful compliment, thank you! Yes, you're right! That's exactly what I meant-there is an LLC attached to an American company, whereas here you'll get Ltd. or Inc. instead. MIne's an Inc. No, The US and Canada have a tax treaty, so no taxes are deducted. They are reported here in Canada and deducted accordingly. Publishers in countries that don't have a tax treaty with the US have their taxes withheld from KDP.
Hi Rachel. Thank you for the valuable information. I have a question, do we also create a separate account on Amazon for KDP, or use the same account which we use to shop on Amazon?
Please can I use payonner instead of my personal bank account
Rachel. You fell right on time. This is something Ive been considering. I am reworking my Channel because I had a babylast yr and now I am focusing more on my prof future.
Rachel, THANK YOU!! Hope your move went amazingly.
Yes, bookkeeping is essential. I'm just beginning my business, so your help is VITAL! (plus, I'm in Canada, too, so all the Canadian tips are awesome!)
Hi Rachel, thank you for this advice I have stared my journey yesterday.
You're welcome!
Hi Rachel, thank you for this advice I have started my journey today
Saw you at Kelli's channel. Enjoyed the tips, thank you, fellow Canadian :)
Just subscribed.
Yay, a fellow Canadian!! Thanks for subscribing!
Hi Rachel. I have a question. Is it possible to move my books from personal KDP account to LLC's account without unpublishing them?
No, but you can convert your personal account to a business account. That's what I did.
Hi Rachel, on KDP can a pen name be used ?
BTW, you have a great channel!
On Tangerine do you have a business account or chequing account?
Oh, hey there, Cat! After incorporating I got a business account with RBC. But when I started as a sole proprietorship I just used a personal chequing account on Tangerine.
Hi Rachel. Thank you for the video. I just have 1 question, please.
I set up my business a while ago. Never been more proud of myself, apart from other amazing achievements.
My question is, How would I be able to publish my books online and in retail outlets, with my business name inside my books, so people know that not only am I an Indie Author, but also the business CEO of my own company?
Hey there! You can put whatever name you want inside your book. I usually include my brand name and contact details in the lower left corner of the second page of my book.
@@RachelHarrisonSund That`s fantastic thank you. How do I do that? Do I do that during the publishing part right before I consider to publish it as the finishing product?
Hi Rachel. Thanks for the advice, and best of luck with the move!
Thanks! The move went well (I recorded that video three weeks ago), and I'm almost settled!
Hi Rachel! You are doing an amazing job with your videos! Love just seeing your face and hearing your voice :). LLC actually can apply to a Canadian corporation as well ... it stands for Limited Liability Corporation. When you complete the paperwork to setup the corporation, you will probably see this terminology being used. You will see either "Inc. or Ltd." beside a Canadian company name which stands for Incorporated or Limited. Curious, does KDP deduct a 30% tax rate from your earnings? Thanks
Hi Kerri! Aw, what a beautiful compliment, thank you! Yes, you're right! That's exactly what I meant-there is an LLC attached to an American company, whereas here you'll get Ltd. or Inc. instead. MIne's an Inc. No, The US and Canada have a tax treaty, so no taxes are deducted. They are reported here in Canada and deducted accordingly. Publishers in countries that don't have a tax treaty with the US have their taxes withheld from KDP.
In the US, LLC is an acronym for “Limited Liability Company”.