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This section of the forum is for discussing the business and finance issues of the t-shirt industry. Which business structure to use (sole proprietor, LLC, S Corp, etc), how to handle billing, where to register your business and get the proper licensing, etc.

Help! Business License...Rookie to biz.



 
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Old April 3rd, 2008 Apr 3, 2008 1:13:25 PM -   #1 (permalink)
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Default Help! Business License...Rookie to biz.

I'm new to the tshirt biz and want to get started. I have a business plan, but have some questions. Should I get a business license even though I'm starting with small quantities? Or should I make some products through a third party and see how it does first...then get a business license? Do I need a business license to start a website? I have a bunch of inquisitive questions like these...any answers, opinions, or resources would be greatly appreciated. Thanks!
 
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Old April 6th, 2008 Apr 6, 2008 9:51:44 AM -   #2 (permalink)
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Default Re: Help! Business License...Rookie to biz.

I wrote this a few years ago: Starting a new business in the USA? Here are things to consider LLC, Corp, Sole Prop
It is worth checking out first.

Basically your choices are to start as a hobby or to start as a real entity. If you start as a hobby then you just start with no real accounting for a profit motive. Once you start making more than a few hundred a year profit you would form a business and do all the right things to start up. Your other choice is the go through the start up motions. The simplest form is a Sole Proprietor and you would file a DBA with your county, put an add in the paper for a month with a fictitious name statement, get a business licensee from your city or county, get a sellers permit from your State and away you go.
 
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Old April 8th, 2008 Apr 8, 2008 12:56:47 PM -   #3 (permalink)
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Default Re: Help! Business License...Rookie to biz.

Sounds simple. I think i'm just going to start as a hobby right now then. However, does that pose any problems as far as doing business with a wholesaler/manufacturer? Thanks!
 
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Old April 13th, 2008 Apr 13, 2008 5:49:38 PM -   #4 (permalink)
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Default Re: Help! Business License...Rookie to biz.

If you start as a hobby, once you start selling enough clothes and develop enough of a customer base to even considered for wholesale you can then go ahead with the legal stuff.
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