6.
Re: looking to start a craft business Sep 23, 2008 7:54 AM
Good day, jewelrygirl08.
I would suggest getting all of your tax info (Doing Business As and EIN) for your business squared away before asking lenders or banks for financing. I know that bank of america requires a Doing Business As (registered business name) to apply for business loans and the like. I am a pretty new business but my banker talked to me all about business loans and lines of credit once we squared away the business name and EIN.
I would also suggest putting together a business plan for your business before searching for loans and lines of credit. This way you have a road map of what you want to do and how you plan to accomplish it. This will help in determining how much you will need to borrow.
You can also try a website for your business. A website, showing your crafts, contact info, etc., would potentially broaden your customer base to the online community and pave the way for some future online selling.
If you are interested in talking with me more about this I would be happy to help. You can contact me at kflowers@bigcloudmedia.com or through my company website: www.bigcloudmedia.com.
I hope this helped and have a great day.
Koji Flowers
Big Cloud Media
www.bigcloudmedia.com
"Websites...we do those."