First Jewelry Show Questions – Please Help

by Deborah Mikols.
(Michigan)

First Jewelry Show Questions - Discussion on Jewelry Making Journal

Do you have any tips for applying for jewelry shows, when you have to apply for federal and state numbers?

Which type of business, LLC or Proprietor?

What is the best way to keep track for income tax time?

Any more tips of things you came across on your first show that you wish you had known?

Thanks Deb

Deborah Mikols
Stylish Stones Designs

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  • Margaret says:

    Deborah, most likely your a sole proprietor, not a LLC. The best thing your can do for your jewelry show is to read Rena’s Ultimate Guide to Your Profitable Jewelry Booth e-book
    https://jewelrymakingjournal.com/landing/jewelry-booth/

  • Missy says:

    My business is an LLC which I co-own with another. I did it for liability protection. I have been in business since 2015 keeping records of sales, state taxes, and inventory with my own excel spreadsheets but let me tell you, I just started using paper and sparks spreadsheets and I am loving them! Good luck with your show! Pinterest has a lot of good set up ideas and there are a lot of blogs out there that have checklists you can print out. Make sure to bring drinks. Biggest advice. You will get thirsty talking to everyone!

  • Get a square reader or some type of credit card reader. Makes a huge difference in sales when you can take a credit card. It is free. Log on to Square, give them your bank acct routing number so they can send you money. Order a free card reader that attaches to your phone or tablet. Even if you don’t have a phone connection, the reader will keep your info and provide it to you as soon as you reach wifi. Square will charge you a small percentage – I think its 2..7% – for the service. It also has many other programs useful to small businesses – some are free, some you pay for. I do about 60 to 70% of my business in credit card payments when doing a show. I always put a sign out that I accept credit cards. It’s easy peasy.

  • Elizabeth Reid says:

    You definitely need a credit card reader, I use Paypal and am quite satisfied with it. You more than likely, will need a Sales and Use tax identification number. Sometimes you can get a temporary number but I have permanent numbers from the states where I show most often. Sometimes you also need liability insurance, the website for the show should tell you the requirements. When needed I have use ACT insurance which is pretty reasonable. For each show where I make an application, I start a tracking sheet that I developed from one I found on Pinterest which I used last year and found very helpful. I don’t see a photo upload here or I would upload a copy for you. But if you e-mail me I will send a copy. It’s a great way to determine the difference between sales and profits. Good luck as you move forward.

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