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The Watercooler
A Decision
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<blockquote data-quote="trinityroyal" data-source="post: 497645" data-attributes="member: 3907"><p>Step makes a good point as well.</p><p></p><p>I'm not familiar with your local tax or business laws, but it's something to think about before you really get rolling.</p><p></p><p>If you will be required to charge and remit taxes once you start making a profit, then it might be worth finding out about the business registration and licensing requirements in your area. If you're a registered business then you might also have access to the wholesale market for yarn and crochet supplies as well as packing and shipping materials, which can save you a lot of money over time. You might also find that it's cost-effective to make an arrangement with a mailbox company such as UPS or FedEx. Having a business address that's separate from your home address can sometimes be a very good thing.</p></blockquote><p></p>
[QUOTE="trinityroyal, post: 497645, member: 3907"] Step makes a good point as well. I'm not familiar with your local tax or business laws, but it's something to think about before you really get rolling. If you will be required to charge and remit taxes once you start making a profit, then it might be worth finding out about the business registration and licensing requirements in your area. If you're a registered business then you might also have access to the wholesale market for yarn and crochet supplies as well as packing and shipping materials, which can save you a lot of money over time. You might also find that it's cost-effective to make an arrangement with a mailbox company such as UPS or FedEx. Having a business address that's separate from your home address can sometimes be a very good thing. [/QUOTE]
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