For the past year I have been making handmade greeting cards. My friends and family have encouraged me to start selling them at local craft fairs. What all do I need to do from a leagl standpoint? Should I become a LLC? DO I have to report any income I earn if it is under a certain dollar amount every year? If i am just going to sell them to friends and family do I have to do anything at all?
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I am interested in opening a high end suit and formalwear store in philadelphia, but I am having trouble finding wholesalers to reputable designers and brands. Would you know where I can come in contact with them or know any off hand? I appreciate any advice you can give me. Thank you
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Dear Arthur,
I have questions regarding apparel business. I have created a great name that resembles greatness and it applies to anything and everything someone wants to accomplish be it athletics, sports, profession, etc. The name is what I am focused on and want to place it on apparels. To me my focus is that people are going to buy the name not the product. My apparel idea includes athletic and active/casual wear that will compete with underarmour, nike, adidas, armani, true religion, seven, etc. I do have some resources for hats, that is taken care of but I have yet to find denim manufacturers, shirts, etc. After conducting research I have found that there is too many manufacturers in Asia specifically China, and how would I be able to determine if the quality is great since everyone suggest they are the best. Also, should I also look for manufacturers here in the US? I am starting out as online store and would like your opinion on that because I have an opportunity to present a business plan to a family that owns a sports team, NBA, that I became acquainted with. Kindly advise. Thank you for your time and effort and I will be looking forward to your favorable reply.
Regards,
Mike Meriden
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