- Set up a Tarot reading business plan.
- Create a legal entity for your tarot reading business.
- Tax registration for your tarot reading business
- Open a Business Credit Card and Bank Account
- Set up your Tarot reading business’s accounting system.
- Obtain the Required Licenses & Permits for Your Tarot Reading Business
- Purchase Business Insurance Tarot
- Establish your Tarot reading company’s brand.
- Make a website for your tarot reading business.
- Install the business phone system.
Starting a business involves more than just filing the necessary paperwork with the government. This straightforward manual for launching a tarot reading business has been put together by us. These actions will guarantee that your new company is carefully thought out, legally compliant, and registered.
In This Article...
STEP 1: Plan your business
For an entrepreneur to be successful, they must have a clear plan. You can use it to map out your company’s specifics and identify some unknowns. A few crucial subjects to think about are:
- How much will the first and ongoing costs be?
- Who is your intended audience?
- How much are clients allowed to pay?
- What will the name of your company be?
How much do you make reading tarot cards?
Tarot reading fees can vary. Expect to charge $5 and up for each reading. A select few individuals appear to make up to $250 for each reading.
What you charge depends on your background, reputation, the type of reading you provide, and your delivery style. For instance, email readings are frequently less expensive than in-person or Skype readings.
I began by giving out $5 three-card readings and in a month worked my way up to $20 readings. These were far more intricate and elaborate, and I had established a solid reputation.
People enjoy great discounts. After I stopped providing free readings, I provided services like “readings are two for one if a person books and pays for a buddy. I also provided “I offer complimentary three-card readings to prospective clients as an icebreaker.
Is a license required to provide tarot readings?
No. To be a competent or reliable Tarot reader, you don’t need to be certified. Without any formal training, you can become a proficient Tarot reader if you put some effort into honing your abilities and practice reading the cards for other people.
However, a lot of people pursue Tarot certification because they desire proof that they are knowledgeable and possess the necessary abilities to provide a Tarot reading. In order to ensure that they have covered all the necessary ground and avoid wasting endless days or even months looking for free Tarot lessons online, they want to be a part of a comprehensive Tarot training and certification program. They also seek certification since it lends them more credibility, especially if they decide to pursue a career as a professional Tarot reader.
How do I launch a profitable tarot business?
Do some research about what makes tarot businesses effective.
- -Incorporate client testimonials into your website.
- -Stay current with trends.
- – Spend money on quality gear.
- -Avoid being overly serious about yourself.
- Provide your clients with more.
- -Remember to provide excellent customer service.
- – Establish A Website And A Blog.
Where can I find Tarot readings for sale?
Tarot business startup can be thrilling, frightening, nerve-wracking, amazing, and many other things all at once.
It doesn’t have to be scary, in all honesty. To launch, you simply need to breakdown each phase of the process.
I’m going to get into one of the issues you’ll have to deal with while starting your business.
You might wish to read this page if you haven’t yet launched your tarot business.
Let’s examine the possibilities so we can talk about the advantages and disadvantages of each. My advice will be provided at the end of the article.
Your Own Website
The best solution is usually to sell on your own website. This implies that you are directing them to your business. One advantage of this is that it gives you the opportunity to promote your most recent offerings if you decide to start selling various goods or services on your website.
The issue of attracting people to visit your website can be one. Setting up a website and then hoping that people will find it is fairly usual. Sadly, the truth is rather different. You must spend a lot of effort into promoting your website and making sure that the information is interesting, valuable, and relevant for your readers. On it, more in a subsequent piece.
Although it can be a little challenging to set up your website, the effort will be worthwhile in the long run.
You’ll also need to figure out how to get paid. Personally, I prefer Shopify buttons, but there are many more possibilities as well. A few of them include Paypal, Square, Stripe, and SamCart.
Etsy
Marketplaces like Etsy are well known for offering handmade goods. Similar to eBay, it sells handmade goods.
I do list tarot readings there, but I’ve done little to advertise them, thus I’ve had little success.
My Tarot Candles sell quite well on Etsy, where I also sell the majority of my candles.
On Etsy, you may pay to have your listings promoted. It can be very effective at clearing away clutter, but it can also be extremely pricey. Make sure you are paying your charges by conducting some testing to determine what is effective for you.
The selling fees can add up, but you must keep in mind that if you are paying them, you must be profitable. woohoo.
The option to provide shop updates is available. It is actually intended to give your customers a behind-the-scenes look. You can post comments and upload images. I’ve discovered that adding a card image and a little daily reflection can help the listing stand out. I’m not sure if this genuinely helps, but I’ve found it to be an excellent method to boost engagement.
Local Markets
At markets, I adore reading. Although I haven’t done it in a while, it’s a lot of fun and a fantastic way to meet new people.
It can be pretty exhausting to read back-to-back, but you simply need to remember to take a few rests so your psychological batteries can recharge!
In order to prepare for your trip, you should consider the following:
Do you require market insurance? I had to purchase general liability insurance.
A helpful hint is that Square provides a tiny reader that you can plug into your phone to accept credit cards.
You can see that there is a lot to consider, but try not to get discouraged because it can be quite worthwhile. Once everything is set up, you can start working.
Psychic Fairs
Although I’ve never done this, I recently asked about readings at a nearby psychic festival.
Given that the rates are typically fixed and that they handle all marketing and customer acquisition, this would be fantastic.
The day may seem endless. The one I was considering required you to read continuously, with breaks, from 10 am to 8 pm.
It’s not for the faint of heart because, according to them, you would perform 13 to 15 half-hour readings on average each day.
I didn’t want to read for so long, and I wasn’t sure I wanted to be around so much “energy” in the psychic reading room. You might love this, though. Never say never, but at this time, it wasn’t for me.
I’m not sure if you can actually offer tarot readings on Facebook, but you can use your Facebook page or group to promote your website or other places where you sell readings.
It’s a fantastic platform for showcasing your identity to the public. Why not perform some sample readings during a Facebook live? This is a fantastic approach to demonstrate your methods and reading preferences to others.
It all comes down to building up a following on any social media or blogging platform.
Advice: Due to a recent change in Facebook’s algorithm, it is no longer guaranteed that fans of your page will see your material. Facebook groups are an effective tool for increasing engagement, and videos are distributed far more widely than images or text updates.
Psychic Hotlines
Being fully honest, neither I nor anybody I know had any experience with reading on hotlines.
This past weekend, a great blog post from the incredibly excellent Tarot Elements blog appeared in my email as if by magic.
This article has some excellent advice on preparing for psychic hotline readings.
This is a very informative and well-written post.
How do you attract tarot customers?
Offering free readings to your clients is a smart move if you’re just starting out as a tarot reader to get them interested.
Of course, you don’t want to offer your services for free forever. But many industries, including tarot, benefit from free trials. It allows folks the opportunity to test out your abilities or determine whether tarot is suited for them. If a customer enjoys their complimentary tarot reading, they’ll probably return for more.
You can sign up for networks that offer free readings, or you can just promote free readings on social media and in other places.
Know the Tarot card meanings!
Surely this is evident. But even those annoying court cards must be easily readable! without pausing or consulting a book. Your intuition and experience will develop with time, and your individual relationship with the cards will flourish. But first, you must comprehend the subtleties of significance for each card in respect to various topics and positions. The cards do have their own unique meanings, which should be respected even though you are supposed to interpret them.
You rarely draw a blank when doing a reading.
Hey, sometimes even the smartest among us struggle to link two cards, or we might utilize a card incorrectly. Although you should be past the point where it frequently occurs, it will still happen. When those blanks do happen and you have a client on the phone or in front of you, you need to have your own approaches and strategies ready to go.
You need to have at least three spreads that you can comfortably work with.
Being only familiar with the Celtic Cross is insufficient. I can say from experience that not every circumstance calls for spread. You should have a variety of spreads in your Tarot deck, ranging from intricate designs for in-depth analyses of lengthy readings and challenging queries to quick, three-card spreads for analyses of 15 minutes or less. As the session is just getting started, you also need to determine what spread will be acceptable at that precise moment. Additionally, I advise keeping Yes/No spreads at the ready because you will likely encounter this kind of inquiry.
You must be able to synthesize the cards.
When the reader uses every card in every position to convey the tale of the layout in relation to the question, that is when a reading truly embodies the art of tarot. This goes much beyond simply listing each card’s meaning without connecting them. Not a reading, that A laundry list it is! Your intuition and card-reading experience will combine in the synthesis to help your client see the bigger picture of their inquiry. There are no exceptions; this is true for all spreads!
Know how to do an entire reading.
Again, this sounds like common sense, no? But even the most experienced Tarot reader can overlook the fact that a reading actually starts the moment a potential customer contacts you or sees your website. If you plan to practice this professionally, you must have a system in place for enrolling clients and answering their initial inquiries. The reading comes next. How do you welcome your customers? Do you ensure their comfort? Identify the root of their problem? How do you end a session after reading the cards? Maintain contact? Respond to follow-up inquiries? How do you handle it if your client is upset as they leave? The most prosperous readers approach their work as professional Tarot readers as a business.
Know what kind of Tarot reader you are.
Understanding your underlying relationship with the cards is necessary for this. What sort of readings are your favorites? You might thrive at reading for difficult subjects or at reading quickly and efficiently. Do you believe in fate, free will, a blend of the two, or any other concept with regard to Tarot that others may not share? Do you wish to discuss particular subjects, such as pregnancy, disease, or demise? Play to your skills as a reader in order to draw the kind of clients who are a suitable fit for you.
Have strategies for difficult and disappointed clients.
Despite our best efforts and sincere desire to please our clients, you will encounter problematic clients in your practice. Tarot readers occasionally draw irate people as well as a fair amount of doubters who enjoy disproving others. You can also find someone who has a vested interest in hearing a particular response. They might lash out at you if they don’t get that response. If you’re sitting next to a volatile person, you need to have your own strategies for maintaining composure and controlling the situation. Although it won’t happen frequently, you must be prepared to handle it.
Practice with strangers.
It is a significant and crucial step to practice reading aloud to strangers after reading for your friends and family. Find a way to give free readings and record the time you spend doing it for unrelated strangers. You can determine what kind of reader you are (or aren’t) by doing this, and it will also help you build confidence and intuition. This will help you comprehend people’s inquiries and reactions. Try reading aloud at a holiday party, cafe, or street fairjust be sure to acquire permission first!
Professional Tarot reading is fulfilling in ways I can’t adequately put into words. If you heed the advice above, you will get the self-assurance necessary to become a fantastic reader who earns a good living from their work. And without a doubt, spend money on expert readings from others. You will pick up a lot of knowledge regarding reading preferences, your own, and client interaction techniques. Why not consult a Tarot reader today on Keen?
Tarot readings are they taxable?
Knowing your NAICS Code is the first step to filing your Schedule Cs, or IRS Form 1040, which is the schedule a sole proprietorship, or your small firm that isn’t incorporated as a corporation, submits to record revenue and losses. Any business, regardless of its structure, will be given an NAICS Code.
The IRS and other government organizations use the NAICS Code (North American Industry Classification System) to catalog your company. It is the federal standard for business classification. Psychic services are typically categorized under NAICS Code # 812990. (See this; conduct a search for “ESP (Psi services.) I would anticipate that the majority of tarot experts, particularly those who advertise their services as psychic, would use NAICS #812990 ” (also titled “All other personal services).
Both “All other professional services,” NAICS Code # 541990, and “Other personal services,” NAICS Code # 812190, are acceptable categories for your tarot business. Both codes are also applicable to tarot practitioners who provide intuitive, spiritual, or life coaching services or who teach tarot. Since writing makes up the majority of my tarot work and writing is how I am paid for it, I classify as a writer “Individual performer, writer, or artist, NAICS code 711510.
Choose the Code that most accurately describes what you do if your professional tarot business combines some of the aforementioned aspects, as it most likely does.
You require tarot cards to operate a professional tarot business. The good news may be the best ever. Your recent purchases of tarot decks are now deductible as tax-deductible capital expenses. And if you want to run a professional tarot business, you need more than one deck since you need a variety of decks to pick from for each customer and each query. Just keep in mind that the IRS requires exclusivity; for more information on this issue, go here; this means, for instance, that your personal reading decks that you never use for professional readings won’t count.
Tarot readers require tarot reading cloths, incense, candles, crystals, and gemstones (yep, we’re going with that; we require these as part of our professional services; what, you didn’t know that?) So, yeah, all of theseitems are now suddenly tax deductible in order to effectively give our tarot readings. Everything you need to create a private place for your tarot reading “atmosphere as a qualified reader are currently tax deductible. All of your business’s capital expenses, such as stationary, office supplies, computers, website hosting fees, and Internet service providers, are tax deductible.
Again, the main criterion is exclusivity. It’s acceptable if you don’t use your home Internet service provider exclusively for your tarot business; just figure out what proportion of your usage is related to your tarot business. Keep in mind that reading tarot websites, going to tarot forums, and communicating with clients or potential clients via email are all now considered business expenses. Tarot forum visits and blog reading are examples of market research and professional development. So. What proportion of your home Internet access is used for your tarot business, taking all of this into account? 50 percent or so? Yeah? Then you can deduct 50% of your Internet bill from your taxes.
As a tarot reader, I’m presuming you now have a home office or other area in your home where you conduct business. Home office usage is tax deductible. On how to calculate it precisely, you should speak with a tax expert, but these are the fundamentals. There are two approaches: the usual approach and the streamlined approach.
As of this writing, the simplest option is to deduct up to 300 square feet of your home at a rate of $5.00 per square foot. Consider that your 300 square feet of home are dedicated to your professional tarot practice. You can claim $1,500 in tax-deductible expenses each year. If you only use 150 square feet, the cost is $750.
The standard procedure is to compute the dollar cost of that based on the actual expenses of your home, which you must be able to demonstrate with records, and to establish the percentage (percent) of your home that is used.
Let’s say your lease agreement and rental payments are proof that you are paying $2,000.00 in rent each month for 1,200 square feet of living space. Say you use 150 square feet of the 1,200 square feet for your tarot readings and other professional tarot services. This is the desk area where you conduct your Skype readings, arrange your playing cards, write most of your tarot blog posts (which is a component of your marketing and branding efforts), etc.
Therefore, you’re using 12.5% of your rental property to provide business tarot readings. $250 is 12.5% of your rental fee. Oh, and by the way, these are all offered solely as examples. My math is awful. I could have made a huge calculation error. Please only make the major point of this.
You are free to choose between the standard approach and the streamlined way, according to the IRS. Do the arithmetic for both approaches using your particular business scenario, and then choose the one that will benefit you the best.
Keep in mind that in order to claim a deduction for home office use, the space in question must be used solely for business purposes. It is not valid if not. So you can’t utilize your family room, for instance, especially if your family is using it. The only exception to this rule is if you use that area of your house for storage or business purposes. For instance, you might keep all the equipment necessary for your tarot reading services there, along with your deck of tarot cards. Tax deductions apply to that. See here for further details.
Every time you drive around town for tarot-related services or professional engagements, you should be keeping track of your mileage. The mileage accumulated for traveling to and from tarot classes contributes toward continuing education requirements for tarot professionals. Of course, traveling to and from tarot readings counts. Start keeping track of your mileage while you drive to and from restaurants, pubs, and other locations where you’ll be doing tarot readings to the public. Driving to and from tarot conferences, psychic fairs, and other expert tarot reading events all counts. Parking fees and most other travel expenditures are tax deductible (since you are now a professional tarot reader, you can now deduct hotel stays and plane tickets for attending tarot-related events).
You multiply the miles by 56 cents per mile when it comes to mileage (at least as of this writing; note that the dollar amount changes year to year). This means that if I drove 250 miles to and from a psychic fair where I was providing tarot services, I would be able to deduct $140 from my taxable business expenditures. You should keep a log of your business mileage in your car’s glove box. I’ve got a free download of a sample log table here (you can find it under the Tarot Worksheet Downloads tab on this website).
This is also enjoyable. Entertainment costs that you pay for in the regular course of operating your tarot business are deductible. Most businesspeople and professionals must occasionally entertain clients and potential clients, thus those costs are deductible as entertainment expenses. For tarot professionals, entertainment costs can include a luncheon with a colleague, mentor, or mentee. It might be a gathering of all the local tarot readers at a classy eatery.
Just keep in mind that the cost of the entertainment must be reasonable and that it must be something that the majority of tarot readers would do as part of growing and maintaining their tarot business. There must have been significant conversation about tarot and tarot business at that gathering, and it must be directly relevant to your professional work as a tarot reader. But, seriously. Most tarot readers will find these requirements to be easy to follow.
Remember that all of the expenses you incur for tarot conferences, psychic fairs, tarot professional association dues and other related membership fees, tarot classes, purchasing tarot books (to further your tarot education), and other educational books you purchase to develop your tarot business are tax deductible professional expenses.
Keeping a ton of records is crucial. Save all receipts going forward that have anything to do with your work as a tarot professional. I maintain my data in file folders and a filing cabinet, but I’ve seen small enterprises get by with little more than a shoebox. Whatever functions. To be able to prove every item you’ve claimed as a business expense is the goal. Observe contracts, billing statements, canceled checks, invoices, and receipts.
Keep flyers or well recorded information on the who, what, where, when, and why of a specific expense as a last resort. That is usually appropriate as well. Additionally, if the expense is less than $75, you won’t typically be arrested for lack of documentation.
These tax-deductible company expenses play a big role in explaining how and why so many of these large firms that you hear about and who are supposedly making tons of money lawfully pay no taxes. Even though the majority of tarot professionals won’t be working on that scale, knowing these fundamentals will still be quite helpful.
