How to Start Up a Business Selling Wholesale Custom Personalized Any Photo Watches
September 20, 2011
Are you looking for wholesale items that can be resold for a profit?
I scoured the Internet looking for a supplier. Countless months on end, reading and learning from others mistakes. Many people unfortunately make the mistake and choose any supplier from China. It is a very costly one for most. I have never fallen into that trap, because of all the research that I put into it.
First of all, if you are serious about starting a business, you need to look into your states laws regarding a start up. It is not as hard as you might think. Here in Michigan, I was able to do it in a few minutes for about $10!
I was astonished to to the sites offering these services at astronomical prices.
Step 1: Go to your local city county building to get a DBA (Doing Business As) name. Usually around $10
Step 2: Obtain a tax id# at IRS.gov – Free and you get it immediately.
Second, as stated at the IRS.gov website, you need at tax id number. It is given to you for free, immediately. Apply at IRS.gov.
You need an EIN if you:
Started a new business
Hired or will hire employees Read the rest of this entry »