|
If you really spent $6,000 on $5,000 of revenue then you've got a loss. That should be OK, however the IRS wants to see a business making a profit after a few years.
As a business owner it should be your goal to generate revenue, take advantage of deductions where you can, and strive for a profit. I recommend getting a CPA on your team. They're worth their weight in gold and can answer any question you throw at them.
__________________
How you do anything is how you do everything.
|