- Arts & Crafts
- Beaded Jewelry
- Bead Necklace
- Craft Fairs
- Craft Sales
- Glass Beads
- Home Crafts
- Kids Crafts
- Paper Crafts
- Preschool Crafts
- Seasonal Crafts
- Wholesale Beads
Obtaining Business License.
Q: I am trying to decided if I should pursue a business license so that I can buy wholesale. I just started consigning my jewelry at a few boutiques. How costly is this to do, and how much of a hassle is it? What are the benefits? Drawbacks?
A: You need to contact your Secretary of State to determine what kind of
license you may need.
Depending on what state you are in, a sales tax number may cost as much as
$2.00 for a filing fee.
If you are going to incorporate or register your business name, that may be
Once you have a sales tax number and start collecting sales tax on items you
sold at retail, you will have to file a tax report and either quarterly or
yearly depending on your state requirements.
If you sell wholesale, the final vendor is responsible for collecting the
sales tax, but you will need to collect a resale certificate from this
vendor at the time you leave your items with them.
Here in NY, the tax people are quite aggressive and several people have
gotten into trouble selling to businesses without having the resale
certificate IN HAND. They didn't allow any leeway when they investigated
these small businesses and these little people really got burned.
In some instances at fairs, craft sales, bazaars, etc. the tax people have
come with sheriff's deputies to check for sales tax certificates. In several
cases, they seized the entire booth because the dealer didn't have their
certificate on display, or didn't have one.
Again...it depends on what state you live in... what the various requirements
Check with your state tax department. They would be the ones to best
I recently did this: Went over to the State Dept. of Revenue (I'm
in FL), filled out the app, gave the man a $5. bill, got my
number, and was outta there in less than 15 minutes. Couldn't be