How to Start a Beauty Supply Business in Oregon
Beauty suppliers, stores that sell haircare, skincare, cosmetics and beauty tools, are common all across the country, including in Oregon. Owning a beauty supply can be quite lucrative, as cosmetics, hair and skincare are all items most people, especially women, consider to be essential. Whether you want to open a large or small beauty supply store, getting started in Oregon will require a bit of planning and reparation.
Instructions
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Choose a niche for your beauty supply store. Although you can open a general beauty supply, having a niche will help you focus your marketing efforts. Examples of beauty supply niches: wigs and hairpieces; natural or organic hair care and cosmetics; luxury hair and skin care; professional beauty supplies; ethnic beauty supplies.
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Pick a name your beauty supply business and visit the official Oregon site, filinginoregon.com. There, under the section titled "Business Registration Services", click on "Business Name Search " and make sure no one else in the state is already using the business name you want.
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File your assumed business name (DBA) online at filinginoregon.com. You will need to register a new account and then follow the prompts. If your beauty supply business will be a limited liability corporation or corporation, you do not need to get an assumed business name.
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Obtain an employer identification number (EIN) from the IRS as proof of you doing business. Since Oregon does not license resellers of products or have a state sales tax, the EIN will be your proof of being in business, and will allow you to open up wholesale accounts with beauty supply distributors.
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Fill out an "Oregon Business Registry Resale Certificate" if you plan to purchase your beauty supplies from out of state--the document can be obtained via the link the the "Resources" section below. This will serve as proof to out of state distributors that you are in the business of reselling items, and may exempt you from being charged sales tax in other states. There is no fee for the certificate, and you do not need to file it.
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Lease a retail space for your beauty supply store that is at least 500 square feet in size. You may want a larger space if you plan to have an office or break room for employees in the store.
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Purchase wholesale beauty supplies from wholesale distributors--purchasing wholesale is necessary to make a decent profit. Wholesale beauty suppliers in Oregon include Essential Wholesale and Artistic Beauty Distributors.
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Buy shelving and retail supplies such as shopping baskets, bags, signage, shelving and fixtures from a company such as Store Supply Warehouse or American Retail Supply. You can also visit an in-state company that supplies these products, such as Grand & Benedicts.
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Promote your beauty supply company by launching a website, starting a promotional blog, distributing fliers (with permission) and listing your business in online and print directories for Oregon businesses. You can also join an association such as the Oregon Business Network.
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References
Resources
- Photo Credit hairdresser image by Bube from Fotolia.com