Created and registered my business today. Sole proprietorship with GST..
One of the things I enjoy making as a hobby seems to be highly sought after. Figured I'd give it a go for a year and see what happens. Start small of course.
Learned a lot in the last couple of weeks before registering a business..
We'll see what happens... my only thing is I refuse to sit and sell my product at trade shows, farmers markets etc..
I have 2 other buisnesses who want to sell my product. The hope is I get an idea of if its worth it based on this.. Then I weigh wether or not I want to run an online sales aspect and ship product. I would have to predict a good profit to get into that..
The nice thing is that my start up was about 1500$ only.. That 1500 should be enough to carry me through the year.
Anyone else try a crack at small business?
One of the things I enjoy making as a hobby seems to be highly sought after. Figured I'd give it a go for a year and see what happens. Start small of course.
Learned a lot in the last couple of weeks before registering a business..
We'll see what happens... my only thing is I refuse to sit and sell my product at trade shows, farmers markets etc..
I have 2 other buisnesses who want to sell my product. The hope is I get an idea of if its worth it based on this.. Then I weigh wether or not I want to run an online sales aspect and ship product. I would have to predict a good profit to get into that..
The nice thing is that my start up was about 1500$ only.. That 1500 should be enough to carry me through the year.
Anyone else try a crack at small business?