Just over a year ago I ran a Kickstarter campaign[1] that raised just over £45k (about $70k). Because I was applying for R&amp;D tax credits, I filed a tax return before I shipped the products. This caused a bit of a puzzle for my accountants. In the end they decided that they&#x27;d just not book the Kickstarter money as income at all until I shipped each reward.<p>It&#x27;s good that the author mentions factory financing. It&#x27;s not something I&#x27;d thought of before, but it ended up being a crucial part of my project&#x27;s success. My CM initially gave me the standard 50% upfront&#x2F;50% ex works. As the time to ship drew closer, it became clear that cashflow would be very tight. Luckily my CM was very flexible, and agreed to extended terms for the final 25%, which gave me time to sell a few more flashes and cover the last payment. Choose your CM wisely! I&#x27;m going to be placing an order for a second batch soon and will be angling for better terms still.<p>[1] <a href="https:&#x2F;&#x2F;www.kickstarter.com&#x2F;projects&#x2F;vela&#x2F;vela-one-the-worlds-first-high-speed-led-flash" rel="nofollow">https:&#x2F;&#x2F;www.kickstarter.com&#x2F;projects&#x2F;vela&#x2F;vela-one-the-world...</a>