Requirements for Online Boutique?
by boutiquegirl, Window Shopper
- Created: August 12, 2010, 5:24 am
I just started an online baby boutique on Facebook and Ecrater. My sister helps me out some, but it's basically my business. It's not making any money yet and I know that when it does, I have to claim it on my taxes. Someone told me that I still have to register the business name in Minnesota (where I'm based out of) even though it's barely even a business. Is that true? And to write my expenses off on my taxes, do I need to register as a small business? I'm just doing this because I enjoy making baby things and I hadn't even thought about it legally being a small business because I'm doing it out of my house and online. I definitely can't afford any extra expenses yet and if I have to pay for a license and who knows what else, I won't be able to have my boutique at all.
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