By Rebecca F. Pittman
• present tendencies and facts available to buy • Tackling the demanding situations of working your personal enterprise • The organizational and criminal steps for beginning a scrapbooking firm • Publicizing, selling, and ads your small business • operating a web retail website • Getting publicity at scrapbooking exchange indicates and expos
Filled with strong enterprise wisdom, recommendation from specialists, and a contagious feel of artistic ardour, this much-needed source presents specified guidance for an individual looking to profit from the scrapbooking revolution.
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Extra resources for Scrapbooking for Profit: Cashing in on Retail, Home-Based and Internet Opportunities
Sample text
These two sheets will let you know if you’re generating enough to make it. Wait! Come back! It’s not that bad, and the IRS really is a friendly place once you’ve visited their domain. They’ve gone to a lot of trouble to make their forms “userfriendly” and put out buckets of literature to hold your hand and walk you through their regulations and requirements. Once you’ve set up good record-keeping, the rest is a snap. So, hoist up your bootstraps and let’s wade on! Your former employer took care of these headaches for you.
Having yours registered will give you some protection in the case of a competitor trying to use your name. Ask when you register if there is a time period to renew your trade name. It may lapse after a period of years and be up for grabs. You will have to check with your state Department of Revenue to find out whom you need to contact. S. Office of Patent and Trademark Registry. A trademark would be a good idea for any business you may run internationally, such as a Web site or store. Consult an attorney specializing in intellectual property law.
The car or van will act at its own collateral, and at least you can check that one off your “cash needed” list. Specific types of bank loans, in addition to consumer loans and mortgages, are: Ƥ Working capital lines of credit for the ongoing cash needs of the business Ƥ Credit cards: higher interest, unsecured revolving credit Ƥ Short-term commercial loans for one to three years Ƥ Longer-term commercial loans: generally secured by real estate or other main assets Ƥ Equipment leasing for assets you don’t want to buy outright Ƥ Letters of credit for businesses engaged in international trade Small Business Administration The Small Business Administration (SBA) is a source you could go to for money.