Starting A T-Shirt Business
If you are starting your own a t-shirt business, you probably wondering about how one does start one ,what the capital investment it entails, and how will you take care of the day to day operations of managing your own t-shirt operation.
This article will focus on the very first steps you need to take to start a company selling custom t-shirt designs and how BusinessNameUSA.com can help you obtain all licenses, permits, tax id numbers and company legal set up you may need..
Creating a T-Shirt Brand
Some t-shirt brands are:
Nike
FUBU,
No Fear,
FreshJive
Adidas
To find out what brand name to use, you may need to research the popularity of t-shirts and then decide what brand to use.
Are you interested in creating:
funny t-shirt
hooded sweatshirts
totebags
current event
band,
gaming club,
paintball team
basketball team
basball team
soccer club
Licenses and permit you will need:
You will need a business license, a seller's permit, a DBA fictitious business name, and a federal tax ID number. I you will hire workers, you will also need a state employer number.
First, what type of t-shirts will you sell?
t-shirts,
hats,
The T-shirt business requires the following types of licenses and tax ids. A seller's permit, a business license, and a DBA certificate. Thet that you sell, buy wholesale or sell retail, and you need to report your sales, subjects you to sales tax reports.
After selecting the type, then you need to find suppliers for your t-shirts, market your busiess, and obtain business permits and licenses that is where www.BusinessNameUSA.com can help you obtain all these here online..
How to order the t-shirts from suppliers or print them yourself
To have the t-shirts printed, first look for:
screen printing and embroidery services.
label the t-shirts with your own brand
Next is to get to purchase inventory from your suppliers.
Considerations:
products types
quantities
sizes
After you obtain your wholesale permit from us ( also called a resale id, reseller id or sales tax id number), you will be able to buy wholesale, and sell at retail price.
If you are interested in getting low prices, buy bulk in large quantities because the more you buy the better.
If you cannot afford more, just buy 100 t-shirts to begin with and the feel out the situation and buy more if you can afford it.
Make sure you buy the right sized, dark colors, bright colors, camouflage colors, and other popular colors and brands to make a louder effect on your market.
Why are these permits required
For example, you need to get a seller's permit and a business license, also called a home occupation permit or simply a business occupational tax license. The business license is almost always required by at least one level of government whether that is the federal, state, county or city government.It is also called a federal registration, state professionallicense or tax registration, county premises inspection a licensing or municipal tax registration or permit as well as a business personal property tax on your business equipment. Other than that, you will need to file a DBA and register your business trade name if you use a fictitious business name doing business as (DBA) as your trade name. If you decide to be a partnership, you must identify it to the IRS with a business tax id number and that is a federal tax id number and you can, also, use it instead of you social security number to open a bank account. Finally, after all the facts about your licenses above, you should consider forming an LLC or incorporating to avoid legal, civil, and tax liability.
How to market your t-shirt business company
search engines
content directories form example T-ShirtCountdown.com, and T-ShirtLinks.com
store URL in your email signatur
targeted online advertising
offline methods of promotion
press releases
offline advertising
business cards
stationary
Tips
Research to find who your clients are
Research the competition
Make sure you have enough capital
Don't quit your daytime job before you are profitable
Work 16 hours a day to become successful
Target the correct customers
How to buy your t-shirts wholesale
However, it is that you DEAL in taxable items that requires the obtainment of a seller's permit. The business occupational tax imposed upon all business, obliges you to get a business license certificate and also renew it every year by paying an annual dollar amount flat rate tax in most cases based on your gross income and or number of employees and or the particular location your business is situated and operates. For example, an office in downtown is taxed differently than a home-based business in a suburb and a professional, such as an architect very differently in tax asssessments from an iron works shop.
A DBA registration is required for your use of a trade name but does nothing to protect your personal assets nor does it protect the name that is registered. An LLC or Corporation at least protect the name from others registering it at the state lever. I.e., other LLCs or Corporation cannot use your business name. A Fictitious business name does not protect your trade name against others who want to use it in commerce. You can apply and get all licenses on this website. We have the lowest prices in the industry and we are quick and professional. Most of our clients recommend us to others. In fact 40% of our business derives from referrals.
Also, keep in mind that our prices include all filing fees, notarization and legal newspaper publication.
Start Your Business Today by Getting All Required Licenses Here Online.