Wednesday, March 12, 2008

It's official! Baba Black Sheep Yarns is a real business!

I just registered my business, Baba Black Sheep Yarns, with the county clerk's office. This means that I have a nice certificate with a big shiny gold star on it to hang on my wall, and I can open a bank account in my business's name, and - most important - I can buy supplies wholesale. I keep great accounting records, so even if I commingle funds in my personal bank account that's probably not a huge deal at this stage of the game, and I don't need more wall decorations, but I do want to buy roving at wholesale prices. It means that I will end up buying something like fifty pounds of Henry's Attic roving, but that's okay (as long as I can resell it). I have to collect sales tax for NJ, which is kind of a pain in the neck, but I guess it's part of the deal.

1 comment:

amandasewickley said...