What You Need To Start A Business

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Timestamps below!
0:22 Capital
3:35 Budget (how to spend your seed money)
5:27 URL/Website (Go Daddy)
6:38 Create an LLC
8:26 Distribution plan (D2C, retail strategy, etc.)
11:06 Suppliers/Manufacture
**Tip: look for suppliers local to you, especially the people filling/manufacturing your finished product
14:07 Freelance team - mostly graphic designer, but also an Ops person and product photographer
16:07 E-commerce Selling Platform (Shopify)

#smallbusiness #smallbusinessowner #businesstips #businessadvice

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On the legal side of things, do you guys have a lawyer on retainer to generate or review contracts with your suppliers and the freelancers/graphic designers? The lawyer and the CPA seem like a decent ongoing expense. And in this world, if it's like anything else, there are always ppl looking to scam you, especially on Instagram. Do you have a lawyer vet the companies and individuals you hire? Kudos to you both for taking the risk and having the courage to start not one but two businesses and run them successfully!

joygracebeauty