Page 118 - 597 Business Ideas You can Start from Home - doing what you LOVE! (Beginner Internet Marketing Series)

1 1 0 Your Idea, Inc.

a holiday season. On this form, you will be required to state the
type of ownership that you have for the business. So, if you have a
partnership, you will need to decide which specific type of partner­
ship you will be forming before you fill this form out.

Seller's permits are issued by each state's Board of E qualization,
Sales Tax Commission, or Franchise Tax Board. It is illegal to sell
products without a seller's permit in any state. Go online to find out
which government office in your state handles these forms.

There can be a small application fee charged for seller's permits.
Go to your favorite search engine and put in the keywords "resale
license" or "seller's permit" and your state. For example, if you need
to purchase organza giftbags to put your jewelry in when you sell
them to stores, you will buy the bags at wholesale cost. You will
go directly to the manufacturer, let them know you have a resale
number, and purchase the bags. The price will allow you to mark it
up and sell it to the retailer, who then marks it up again for the con­
sumer. When you buy wholesale, you usually will have to buy "the
minimum required for wholesale pricing." Every company decides
their minimum amount required, as will you for your buyers.

As with DBA filings, you can find services that will handle it for
you for a small fee if you are really pressed for time and you have
some cash to spare.

R enting a M ail box

Using a mailbox service or a P. O. box rather than your home address
for your business address is a smart idea for several reasons:

• You want your business mail separate from your personal mail.
• They are inexpensive.
• You never want to use your home address for privacy and/or

security reasons.

The caveat with P.O. boxes? Try to use the street address where
you are renting the P. O. box rather than simply "P.O. box ###."