jhbrown64 Posted June 22, 2009 Report Share Posted June 22, 2009 Looking for good references for starting a longarm quilting business, especially the type of business, insurance, and taxes. Link to comment Share on other sites More sharing options...
francine Posted June 22, 2009 Report Share Posted June 22, 2009 One of your best references would be your State Dept of Revenue. Before doing anything you should revue all of the business info you can get BEFORE starting up. Most states have small business information. What state are you in? Link to comment Share on other sites More sharing options...
Stagecl Posted June 22, 2009 Report Share Posted June 22, 2009 Start looking at websites in your area and other areas too for longarming. This will give you some ideas at to what people are charging, what they need from their customers and what services they offer. You will need to check locally for your taxes, you will need a business license or tax id and for insurance you might want to check with your current insurance agent to see what kind of liability insurance you will need to carry. Go to your local quilt shops and talk to the shop owners. Good luck on your new business:D Link to comment Share on other sites More sharing options...
ffq-lar Posted June 22, 2009 Report Share Posted June 22, 2009 Here is a site you may want to visit with great information about how to proceed. www.longarmuniversity.com/longarm_newbie_info.htm As for insurance, after you decide what your business will entail (such as-will you have customers in your home or on your property) approach your insurance agent for liability insurance for customers, their quilts, and extra to cover potential loss of your machine and supplies. All tax information can be found by utilizing your local Small Business Administration. Laws vary from state to state, taxes vary from city to county, yadda yadda. Most business licensing and tax sign-up can be done on-line. Do your homework, get the ducks in a row, buy that machine, and hang on for the most fun you can ever have!! Link to comment Share on other sites More sharing options...
quiltmonkey Posted June 22, 2009 Report Share Posted June 22, 2009 Great advice so far... and here's another tip: Believe it or not, for small business startup, the IRS has some pretty awesome information loaded on its web site. Training videos on there, too. Definitely check it out. Another good thing to do is have a consultation with a CPA in your area. Link to comment Share on other sites More sharing options...
Mary Beth Posted June 23, 2009 Report Share Posted June 23, 2009 Yes, you need to check all levels...city, county, state. They all seem to have regulations and you need to know what they are. Link to comment Share on other sites More sharing options...
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