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Author Topic: Customs as a business  (Read 809 times)

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BabeRunner

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Customs as a business
« on: May 08, 2015, 08:35:28 AM »
Good morning everypony!

Question for all of you custom artists out there:

What would you consider the amount of money needed to start a customs business?

I have someone willing to give me money for start up capital and I have no clue where to start looking for those kind of expenses!

Help, please!


I"m not looking to do anything crazy, just a custom pony every now and then, Maybe on Etsy or something. I want to keep it casual. I'm not going to be quitting my day job for this. :)

Thanks in advance! 

Offline Roogna

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Re: Customs as a business
« Reply #1 on: May 08, 2015, 08:51:49 AM »
I keep track of all my supplies, purchases, sales, etc, but it's still *definitely* in the hobby realm. To be a business for the IRS, you need to show that you are attempting to make money/profit during the first 3-5 years.
Keep in mind, that as a business, you will have to pay both the employee and employer taxes, which is expensive, so unless you're bringing in thousands of dollars a year it's probably a hobby ;)
if you describe what you do as "a labor of love" it's probably a hobby lol

if you're just looking to get into customizing...you won't need an investor ...just buy some cheap g3/g4 baits, get some acrylic paints from the craft store, a brush or two, and order some nylon hair (if you're going to rehair). yes, it's a cost up front thing, but, honestly, if you're wanting to start customizing *in order t make money* you're looking at it all wrong
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BabeRunner

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Re: Customs as a business
« Reply #2 on: May 08, 2015, 09:43:45 AM »
Oh, right, not planning on making tons of money or anything.

It is definitely still a hobby thing.

Offline Salli

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Re: Customs as a business
« Reply #3 on: May 08, 2015, 10:20:29 AM »
If someone is willing to invest in you, I'd HIGHLY recommend getting an airbrush. There's a bunch of threads on here about which ones are good. They will make your life easier and your customs worth more.

Offline Uninu

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Re: Customs as a business
« Reply #4 on: May 08, 2015, 10:26:41 AM »
Yup, Roogna is pretty much right. Good luck and have fun, making profit from customs can be hard! :)

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Re: Customs as a business
« Reply #5 on: May 08, 2015, 11:15:00 AM »
If someone is willing to invest in you, I'd HIGHLY recommend getting an airbrush. There's a bunch of threads on here about which ones are good. They will make your life easier and your customs worth more.

This is my advice as well. Airbrushes can be pricey, but Salli is right they really will make your life easier and your customs nicer. When my mom realized I was getting more and more serious about my custom hobby, she offered to give me some "start-up money" too. I used the money to buy an airbrush and an air compressor. Best investment I could have ever made for my customizing.

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Offline Roogna

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Re: Customs as a business
« Reply #6 on: May 08, 2015, 08:54:59 PM »
If someone is willing to invest in you, I'd HIGHLY recommend getting an airbrush. There's a bunch of threads on here about which ones are good. They will make your life easier and your customs worth more.

yes. I have an airbrush too. however, airbrushed painting does not always mean your customs will be worth more. some don't need FBRs at all, sometimes paint is just accents (airbrush or not), sometimes hand is the way to get the look and feel you need. it's fun to play with and some prefer it, but it doesn't mean you'll start making more money with your customs ;)
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BabeRunner

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Re: Customs as a business
« Reply #7 on: May 12, 2015, 06:48:31 AM »
If someone is willing to invest in you, I'd HIGHLY recommend getting an airbrush. There's a bunch of threads on here about which ones are good. They will make your life easier and your customs worth more.

yes. I have an airbrush too. however, airbrushed painting does not always mean your customs will be worth more. some don't need FBRs at all, sometimes paint is just accents (airbrush or not), sometimes hand is the way to get the look and feel you need. it's fun to play with and some prefer it, but it doesn't mean you'll start making more money with your customs ;)

I would have never thought of an airbrush. This is why I ask. :)

That might be really good for "mass" production... by mass I mean like, the dozen or so ponies that will be at least the same color...

Thank you for all your help everypony!

(saying everypony will NEVER get old with me. :) )

Offline lovesbabysquirmy

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Re: Customs as a business
« Reply #8 on: May 12, 2015, 07:16:57 AM »
Just make sure you don't use ponies for your customs that are in perfectly restorable condition!

Check out this thread for details:
http://mlparena.com/index.php/topic,369139.0.html
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BabeRunner

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Re: Customs as a business
« Reply #9 on: May 12, 2015, 07:30:27 AM »
Just make sure you don't use ponies for your customs that are in perfectly restorable condition!

Check out this thread for details:
http://mlparena.com/index.php/topic,369139.0.html

So far I've actually ordered blank ponies from Hasbro... I don't have the heart to bait a pony yet.

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Re: Customs as a business
« Reply #10 on: May 12, 2015, 09:35:24 AM »
I snagged a second basic Badger airbrush on amazon for less than $20.  It is a very basic set, only come with one hose which is very short, one cup, and an adapter for the canisters.  If you do go to the airbrush route, I suggest getting a small air compressor. 

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Offline Whippycorn

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Re: Customs as a business
« Reply #11 on: May 12, 2015, 10:15:42 AM »
I want an airbrush too! :jealous: Full body repaints take me ages by hand, an airbrush would just make life so much easier!

I agree that customizing is not particularly profitable, at least before you have built up a reputation for yourself it seems.
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Offline FullMoonFever

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Re: Customs as a business
« Reply #12 on: May 15, 2015, 09:58:18 AM »
Just make sure you don't use ponies for your customs that are in perfectly restorable condition!

Check out this thread for details:
http://mlparena.com/index.php/topic,369139.0.html

So far I've actually ordered blank ponies from Hasbro... I don't have the heart to bait a pony yet.

can you still order blanks from hasbro?
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Offline Galactica

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Re: Customs as a business
« Reply #13 on: May 15, 2015, 10:56:42 AM »
Just make sure you don't use ponies for your customs that are in perfectly restorable condition!

Check out this thread for details:
http://mlparena.com/index.php/topic,369139.0.html

So far I've actually ordered blank ponies from Hasbro... I don't have the heart to bait a pony yet.

can you still order blanks from hasbro?

You can order G3 blanks from the Hasbrotoyshop.com  (White with white hair). They call it "My Little Pony Decorate Your Own Pony"  they are $3.99

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Re: Customs as a business
« Reply #14 on: May 17, 2015, 11:42:15 AM »
At least with customs it's not like you have to go out and spend hundreds of dollars on paint, sculpting materials, and hair.  A bottle of acrylic paint can go a loooong way. Hanks of hair can sometimes do a couple of ponies. It's all about planning ahead.
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