Monina Velarde is a graduate of the Kansas City Art Institute (KCAI) with a double major in graphic design and art history. Velarde was highly involved in KCAI's AIGA student group serving as co-director of communications and was awarded Kansas City's AIGA Student Scholarship. While in Kansas City, she had the pleasure of interning as a graphic designer at Hammerpress Letterpress + Design Studio; Barkley, Inc.; and most recently at Hallmark Cards, Inc. She loves every aspect of graphic design and has a special interest in typography. She currently resides in Wheaton, Illinois. Below, Monina shares with our readers her first-hand experience competing in and winning this year's Command X competition at Make/Think.




Posted by Kansas in Event Recap, Interview Series, Local Talent, News | October 20, 2009
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If you attended any of the recent REEL Design Film Series events, chances are that you noticed the excellent posters created for each film by Joshua Lambert. Josh is currently a senior at the Kansas City Art Institute, majoring in graphic design. He grew up in Newton, Kansas where his brother and grandpa got him interested in the arts and music at a very early age. When Josh was in high school, he took as many art classes as the school offered, and spent a lot of time playing drums--both at school and in weekend gigs with friends. He went to Kansas State University my freshmen year of college, then transferred to KCAI his sophomore year. He enjoys collecting, creating and learning. Josh blogs at lambertjosh.blogspot.com, and you can find his work online at aigadesignjobs.org/joshlambert.Posted by Kansas in Event Recap, Interview Series, Local Talent | October 2, 2009
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Today,
we continue the discussion begun during August's Mind Your Own Business:
Starting a Studio event. Shawn Polowniak, event panelist and Brand
Director/Partner at Blacktop Creative, speaks more in depth about some of the
business and tax aspects surrounding the process to starting your own small
business.
Shawn's
career has taken him from sales to account services to management. Along the
way, he's become adept at identifying innovative, yet on-strategy marketing
plans for all types of clients. Shawn leads Blacktop's brand navigator team and
provides guidance and input on strategy, tactics, creative direction, budgets
and timelines. Prior to founding Blacktop Creative with his partners Mike
Miller and Dave Swearingen, Shawn worked in sales, account management and new
business development for Hormel, Muller + Company and C3.
Shawn,
thank you for sharing your knowledge with our readers today.
I want to qualify my answers with the statement that these are my opinions based on my experiences. I can reference resources and my interpretations, but in the end, the best advise is to consult with specialists regarding areas of specific discipline (accounting, legal, banking, insurance and benefits planning).
At
what point should an individual transitioning into starting their own studio
establish themselves officially as a small business?
The only
government stipulation regarding establishing yourself as a small business is
around hiring employees. Most of the benefits of establishing yourself as a
small business are realized in things like risk (liability), taxes and
credibility.
Risk -
there are several ways to form a small business each has a different risk
associated with it. A good accountant can give council on the best option for
each respective business. In the end, they range from quite simple to implement
to very complex and tend to parallel the size and structure of the company. Most
new businesses begin as either a Sole Proprietorship or an LLC.
Taxes -
establishing yourself as a small business can provide you with several
additional deductions that are not available to you as an independent.
Why
did Blacktop Creative ultimately decide to form as an LLC? What were the other
options?
There
are 4 primary options. These are not the only options, just the most common:
Each
option has benefits unique to its form. While I am not intimately familiar with
each option, the primary differences are based on personal liability and tax
structure. Go to irs.gov and you can find descriptions of each business type.
Blacktop
Creative chose to organize as an LLC for several reasons:
What
resources does the Small Business Association provide? Are there any other
government agencies or area resources that designers should be aware of?
I cannot
say enough good things about the SBA. The SBA exists specifically to assist in
the establishment of small businesses. It is a fantastic resource. A brief list
of the information you can find on sba.gov includes:
You
recommended hiring someone to do your books for you. If that isn't an option,
what resources are out there for designers who need to learn the accounting
aspects to owning their own business?
Daily
accounting can easily be handled by a good business manager. It does require a
lot of detail and organization. Quickbooks can be purchased at any office
supply store and the software is relatively intuitive. In the end, I would
highly recommend that an accountant review all bookkeeping on a quarterly
basis. End of the year reporting should be handled by an accountant. In the
end, the costs associated with doing it incorrectly far outweigh the cost of
having a professional review your work.
Any
other helpful pieces of advice that you wish you had known when starting out
yourself?
Posted by Kansas in Event Recap, Interview Series, Local Talent | September 11, 2009
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Also coming up later this fall, we'll be hosting our friend Bryony Gomez-Palacio of UnderConsideration. You may remember our interview with Armin Vit earlier this past spring where he talked about their latest book, Design Referenced. Bryony will be judging Mano-A-Mano, a design trivia event complete with prizes to promote the book. Posted by Kansas in Event Recap, News | August 21, 2009
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