I sell women's apparel online and I would like to expand into accessories, handbags, shoes, makeup, perfumes, jewerly. ect.. and my Federal Tax ID # will let me sell only apparel.
How can I change things to expand?
2007-09-01 00:24:25 · 1 answers · asked by runner1 6 in Business & Finance ➔ Small Business
Talk to a business counselor before you do anything especially spend money. I'd call the local office of SCORE (go to http://www.score.org and input your zip code to find the chapter nearest you), the advice is FREE.
The counselor at SCORE will most likely advise you to write a business plan for expanding your women's online apparel store which is very good advice because it will force you to dig out all of the costs of expanding the business and force you to also understand all of the aspects of this business including the customers you'll concentrate on (your market ) and how you'll go after them.
You'll need to change your NAICS code designation with the Feds and the State. All of this will come out in a business plan.
Try this link :
http://www.ychange.com/small-business-consulting-articles.html and read some of the articles especially the ones about a business plan and starting a business.
Good Luck
2007-09-01 05:33:08 · answer #1 · answered by Anonymous · 4⤊ 0⤋