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I love all things crafty and I get so excited to share my knowledge and expertise to help other moms just like you to start your business. I can imagine that you have tons of ideas and ways that you want to start making money with your crafts. I started my first business back in 2009: The LaTersa Diaper Cakes™ and boy it was a world of adventures, mishaps and all kinds of scams. Yep, the mommy maven lost a ton of money when I began my gift business. I was too thrilled to be in business for myself that I took for granted things I needed to legitimately start my business the right way.
My first year in business, I made -$3,000 in my business and because I was spending out more money than was coming in, I was forced to take a good look at my business structure. At that rate, I wasn’t going to be in business much longer, so I had to do something different. It wasn’t until I hired my first coach (who was in the gift business industry) that I began to turn my company around to the positive bank account. I want to share with you my top five tips for getting started with selling your crafts/gifts.
5 Steps To Start Selling Your Crafts As A Business
- Get clear on the products that you will sell: I don’t care what you are selling, you have to be able to educate your potential audience on what it is you sell. You need to be able to present your products in a beautiful packaging.
- Pick your business name: Go to your local revenue or taxes office to secure your business license. Years ago, I paid fifteen dollars for my business license.
- Purchase your domain: You can grab your domain for as little as $1 at godaddy.com… While you are at it, go ahead and purchase your domain of your name as well. (www.johndoe.com)
- Get your seller’s permit: You need this in order to sell in public. If you are doing craft shows or any type of function in the public, you will need this. Your seller’s permit is also included when you incorporate your business (LLC, INC, or solopreneur). You will need to speak with an accountant for more details.
- Open up a free shop first: Site like Etsy.com, handmade site before purchasing your website. It’s much easier to start there, as opposed to dealing with a new website. You can have your domain forwarded to your Etsy shop to make a professional look. You can learn about more handmade sites to sell your crafts here!
I hope these few tips help you get started on your journey of becoming a gift business owner. Let me know how it goes for you. Leave me a comment below:
QUESTION: What is the name of your gift business?