Should We Start A Business?
by Lynn Decker.
(McHenry, Illinois USA)
My sister and I are very crafty and enjoy making jewelry. But we and our family members are inundated with our wares.
We would like to start selling on consignment or wholesale to local boutiques and selling at art fairs. Basically we are looking to make money to support our habit (and maybe a little more!).
Do we need to start an official business or can we just sell our wares under a fun name that describes what we are doing?
If we do not open an official business, how do we file sales tax?
Thanks for any advice you can give us.