Pam writes, “I just would like to have some idea about the start up cost of a scrapbooking business that is not home based.”
Well, you’ll need to rent a building, hopefully with a lot of foot traffic. You’ll also need to pay for local business licenses and permits. And I’m guessing you want to sell scrapbooking supplies, so you’ll need to contact vendors and see if they will supply you with merchandise and then be paid 30 days later.
You’ll also need to consider how to structure your biz (sole proprietor, corporation, partnership, LLC) and insurance.
I would suggest that you get a copy of The Scrapbooker’s Guide to Business by Kathy Steligo. A very helpful and straightforward book that discusses in full detail 9 different types of business plans and opportunities for making money doing something you love–scrapbooking. There is also a lot of online references on where to get free information and sites to visit.
Photo by Carlo Press.