How to start a bracelet business?

To start a bracelet business, create a budget, get any required permits, and market your business.

1. Get required permits

   The federal requirements for businesses require a sales tax permit as well as a federal tax identification number, which is also required for entering wholesale markets.

2. Create a budget

   Once you have the permits to begin, it is important to take care of some big-picture tasks, such as finding a workspace and creating a budget. Knowing how much you can reasonably spend will help you to know how many bracelets you can begin with, and then you can purchase your supplies.

3. Make our purchase your inventory

   If you are making your bracelets yourself, you will need to make them before opening the shop. If you need to go to a wholesale market or shop wholesale for bracelets, you should also have the done before beginning your business.

4. Market your business

   Once you have your bracelets, it is important to make sure you have solid marketing for opening your business. If it is in the budget, hiring out marketing can be beneficial, but you can also learn to do it yourself. There are many YouTubers, books, and podcasts that can help you to find a way to market your bracelet business to increase business.