Omg! Who knew starting your own online boutique would be so much work! Ive been crammed with paperwork! Here is a few things that
I've completed..
- Business Plan
- DBA
- Wholesale License
- Business Bank Account
- Graphic Designer/Photographer
Business Plan: this consists of a rough draft of what i want my store to become. In the business plain i estimated how much $$$ i would spend, how i would get that money, how i would invest those earning into making more $$$, i wrote down a list of designers i would like to work with sketched out a logo.. etc. Basically the business plan is a outline of your goals for the business.
DBA: doing business as license, all this is, is a piece of paper that allows you to do business under a name in your city, its not a copy write nor a trademark. It entitles me to go throughout the Los Angeles area using perfect imperfection. With the DBA they require you to post a ad in a local newspaper for 4 weeks.
Wholesale License: this gives me the opportunity to go to local designers an buy in bulk, since i am a designer myself i can go downtown to the fashion district an buy basic items like shirts, fabrics, etc in a large quantity for the purpose to resale them an make a profit.
Business Bank Account: I felt this was a necessity to track how much money i have spent an what is going towards my business it comes in handy when tax time rolls around!
Graphic Designer/Photographer: I am so happy that i have found a reliable photographer who is skilled at photographing fashion, this is very important for when i have my photo shoot that the photographer pays close attention to the details in the garments an provides me an my customers with nothing but the best in high quality photos. A graphic designer plays an important roll in an online boutique, by creating a fresh clean campus for your online store!
