You pretty much have it covered. If you are unsure of anything, contact a local accountant to help you set up the business.
Did you pick up any business from some of the 100k twitter followers?Been putting this off since I didn't want to go through all that crap. Then I read that you can do it without doing all that if you're just starting off. Its probably illegal but I'm going to do it anyways. I'm talking to a local print shop tomorrow and I'm waiting for my hem tags to come in
I'm also ordering stickers.