How to Start a Craft Business in Seattle
Starting any small business requires thought and adequate planning. However, to start a craft business in Seattle, there are certain steps you must take to comply with all of your local laws and industry regulations. Develop a business plan as you complete these steps, even if you do not plan on obtaining a small business loan. The plan can help keep your business on track financially and operationally.
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Instructions
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Decide what type of craft business you want to open. For example, a home-based business or a store? A sole proprietorship, a partnership, or a limited liability company? Consider the products you intend to sell, the demographics of your target market, and the costs associated with start-up to help you decide. Remember, you can always expand as your business develops.
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Write a basic outline of how your business will work, what its name will be, where it will be located, and what craft products or services you plan to offer. Determine how you will pay for the start-up costs associated with your business. Apply for a loan if necessary.
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File a Master Business License application with the state of Washington through the online form located on its website--see Resources--and pay the associated fees.
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Apply for a business license with the city of Seattle, which can also be done online--see Resources--and pay the applicable fees for this as well. Note that you will need your Washington Unified Business Identifier (UBI) or taxpayer ID number to complete this application.
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Advertise and begin conducting business, following the basic outline or business plan you've developed. Maintain your business licenses and manage sales and income taxes appropriately. If you need help with these aspects of running your craft business, contact your local small business association.
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References
Resources
- Photo Credit business image by peter Hires Images from Fotolia.com
