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Do I Need A Business License For My T-Shirt Business?
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- čas přidán 30. 12. 2020
- Do I Need A Business License For My T-Shirt Business?
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The best way to start is a business is to learn through trial and error. Don’t be afraid to make mistakes. It happens and it makes you stronger. I have failed so many times but I still pick my ass up and try try again. ☺️
That’s the best way to succeed! Fail to success!
🙏🏽
Setting up an LLC or Filling out a W9 for a TIN if you are a freelancer will open you up to doing corporate work and high paying jobs. You can do anything from dealing with big companies to bidding on city jobs, vending, etc. The other benefit is getting access to the top tier distributors which in turn opens you up to the best prices. You become the middle man. I used Zen Business to set up my LLC 2 years ago and I haven’t regretted it. There’s a lot of responsibilities that comes with this.
Stan Your are correct. You don't want to play with IRS.. I owned a trucking company for 15 years in New Jersey and Florida till I parked my trucks in feb 2020. Had my llc and all my insurance that I needed. the insurance is to cover your but if your going to have a store, so get it. Never know if someone wants to sue you because of the shirts not being what they expected, which can happen. If that costumer want to be evil they can contact the BBB and that will strike a red flag with IRS. So If you are receiving any amount in check or credit cards it must be claimed. Their is always a paper trail that the government follows. They may not get you now, but they will wait till its a decent amount to go after you. I got audit twice in the 15 years so always keep your files and receipt straight by month and years, they can go back 7 years on your paperwork. Because I had an LLC already it was easy to transfer to my new business and get a resale lic. Listen to Stan he is tell the truth go legit and pay your taxes.. Talk to an accountant and he will steer you in the right direction.. Better to be safe than sorry! God bless everyone and have a safe New Years!
Thanks for stopping by!!!
After watching yiur episode with the Tax Guy, I went and got myself a DBA. Great info. Definitely don't want to go sideways with IRS
Get a separate account for the business as well
@@StanBanks Cool. Thanks again bro
This was a very informative. Thanks for sharing your knowledge with us. Definitely checking the self employed tax guy after ur video. All i know is that i wanna b legitimate if I wanna get those big contracts.
Good vid, I was with a big cartel and ig page. After 2 months was moving 40 shirts a week but then the printer started bugging me for legitimacy and stuff which then made my hobby fizzle out. Good points here to keep in mind and hopefully it reinspires me
The no hands driving kills me everytime.😂😂😂
Lol
KNEES
My man said Delaware. I had to stop the video 😄😄😄😄 I forgot that was in America 😂😂😂😂
The First State! And if you’re not FIRST, you’re LAST!
Love all the game you been giving out, I been studying and taking notes, soon as I get back from my vacation I’m getting my dba, than get my sellers license, and getting my hot press machine, my Roland vinyl cutter, my printer etc.. I look forward to starting and one day I’m going to fuck with you I promise remember me Brandon Sykes
Let’s get it!!!
Thank you for the information. My first try was foiled by a bad printer that only made one transfer before it died. I want to try again. My daughter just had my second grand kid she asked me to design a logo for her dive biz and encouraged me to try again. The people I designed the logo for were very happy with it and the big magnetic signs for their truck but I was unable to deliver on the T Shirts because of the printer.
Most of the time if you get a llc . you have to have an operational agreement which helps them not sue you personally.
Yes true
You’ve given me enough info in a few videos I became a subscriber. Thanks hun.
Thank you.
This was solid!! Thank you for always sharing consistent and relavant content.
No doubt
Paying creditors out of personal bank accounts is called piercing the corporate veil.
That’s why I need you guys smarter then me around lol.
@@StanBanks No I'm not smarter. I just started building business credit a year ago. I still do dumb things that can get me caught up like paying out of my personal bank account to creditors but I'm getting ready to stop.
Wait you’re not supposed to pay out you’re personal account why?
@@american_nightmar3 No
great video bro very informational keep up the good worrk my g
Everyone passing you up G. Speed it up. Lol. Good video bro. Appreciate the knowledge.
What that’s me? Who is everyone and what’s being passed up?
@@StanBanks lol. I was referring to all the cars on the road.
Oh lol
👍🏾🍷Thanks 4 Sharing Brotha. Blessings🙏🏾
Don’t even need to watch, of course you do. If you don’t, you’re just a hobbyist not a business person.
True but i like to consider my folk hustlers!!!
Ayeeee! Delaware represent ❤️
Big Ups and Mahalo for the info.
Great information bro thank you
Great information. So real. Thanks
JT Hustlez sent me here.
Welcome
Don't forget DEA lmao... Good content I appreciate the knowledge 🙏
Them 2 but they come with an illegal life and that worry is In The past
@@StanBanks
F..... ..........them........all 🧘🏽♂️
Poopoo iui
Great video and information thanks
Yo dude just a friendly reminder distracted driving is super dangerous and illegal. Keep up the hustling but please be safe.
I made that same mistake thinking I had a LLC 🤣 Learn as we go✌
What is the best t shirt distributor to start with?
I got you here
What kind of license i need in order to sell copyrighted things like marvel etc because i see alot of people selling these type of tshirts all over the internet.
I want to start my T Shirt side Hussle ASAP. I already have many designs and I BELIEVE I want to use SUPACOLOR. Can you Make a HOMEWORK Check List or Playlist for Beginners like myself who are starting from SQUARE 1 to follow and start a heat press shirt business
That will be the imma course soon but you can find a all you need on the channel.
Real hustler that's what it is..
I buy a lot of shirts that are blank and hoodies and I put my own designs on them and I don't need a license or anything to sell them if I don't sell online. People contact me by phone or email and want to buy one of my shirts. I meet up with the and they buy one of my shirts with cash and I'm California you are allowed to do that.
good info . did you get any business credit cards and are the worth it ?
Great advice
JT Hustlez sent me here
That’s my guy!!! Welcome I got to get the red carpet if he sent you!
Can you make a video addressing copyright © & trademark ™️ laws and address how folks build an entire business off of images from the internet without any knowledge of how they could get sued. If you have already made this type of video, then thank you but if you haven’t Im curious as to why?
Your curious as to why I haven’t made this kind of video?
But I’m going to be making a video on my opinions and soon I will have a expert on to cover the topic.
@@StanBanks Thanks....there are a whole lot of folks out here who are misinformed about etsy files they purchase, google images, different types of fonts etc. Also about companies who actually look for folks using their brands images and profitting from it. As more and mor folks get into building business who have zero design skill and or design software. It’s important folks be informed before all they run out and get vinyl cutters heat press, printers etc. the 1st investment should not be equipment it should be made into getting some real design skills down perhaps classes and software on how to create and not how to grab an image slap some words and all of a sudden you can open up a design studio and start a business. That’s probably the worst business strategy for a printing, t shirt, sublimation silk screening or any kind of business
Do you need resellers license and business license for better prices on shirts and hoodies
Yo did you say Delaware?
I have my Cricut Machine and I have my pressure what kind of vinyl did I need for t-shirts like in a bulk
I just got my LLC and watched this but banks are asking for my business structure and i dont know exactly what to be under because i print t-shirts, business cards, business custom stickers etc. can you help me with this
What are your options?
I'm about to launch my business in March via Printful and shopify. How did you market you merch the best?
What if you have multiple business can you put them under the same umbrella I have a tshirt and a sock business same name besides tshirts and socks name
Yes once’s you have one you do a dba on that one to have others and just separate the bank accounts for both.
Thanks
Can you do a video on vinyl cutter speed and pressure settings? I adjusted my settings from the default settings on the cutter to lower speed and higher pressure but I don't really see a difference. What's the speed and pressure difference between htv and car decals?
Care decal should be on the lowest like all 1s
Most regular HTV will be blade 3 or 4 and depth of like 8x
Do I need some sort of permit from the town if I run my t- shirt business in my backyard-shed
Hello I have a couple T-shirt’s made up that I’m trying to get going is there any way I can DM you?
If you dont have a video yet on it im using windows MSI laptop 32 ram what is the best design software to use to design my tshirt logos?
Adobe suite illustrator and photoshop. But there are others out now
Can you craft your own t shirts like cutting a long sleeve and putting a design on it. Is it illegal? Is it okay to just buy it from a store and sell it.
You buy it you can do what you want with it
Heres my thing, im designing custom shirts and im going to have them sold from out of of local clothing stores NO ONLINE would i need a license to sell my clothes from someone else’s store?
I got a dilemma, I'm fairly new to the t shirt game. I'm having issues on deciding how much t shirts should you stock up on when your brand new, and how many different sizes.
I made a video on this search my name and inventory
Anybody know the requirements for Cali?
Is trademarking logical for beginners?
Video will come but no.
How do you get wholesale accounts in a state where you dont need resell certificate? My state doesn't require it but I've been denied from some places because of it
I put state doesn’t require it in the field
Your a distributor for sublimation things as well?
No, I don’t distribute anything at the moment.
What brand hoodie is that ?
Circle clothing perfect hoodie. Circle.tshirtsidehustle.com
So you supply tshirts what are the prices trying to find a good supplier
Video coming soon
Can you file your stuff that you buy for your t shirt business ?
Yes
Do you need a Register Agent to handle all your incoming business mail , is it required by law when applying for LLC?
Just want to make sure it is not an "up sell" option when people tried to file for LLC online!
Yea it’s required by law to have a register agent when having an LLC and that register agent can be anyone but they just need to be available from 9-5 business hours and be on top of their shit incase any important documents or emails come in. And they have to be available those hours because you never know when you’re be contacted or it’s easier to just have whatever LLC company you go with be your register agent cuz those people are trained for that job and will for sure be available during those hours
Can I have two personal checking accounts? One for my personal spending and the other for my beginner online TeePublic t-shirt store? Not sure if a business account is necessary just yet
Yes dear.
They should have different routing/checking #s
Hello i have an ein number and registered my business name but im trying to sell custom sweat suits what business license do i need to do that
Do you sell more women or men tee shirts?
Men’s but women buy both fits that why
@@StanBanks Thank you for your quick reply, I just found your channel and it is very informative. Thanks again
No problem
Hello! Do you have an Instagram??
I registered my business name ,do I need to register it as a logo also ,I’m new to this ,I’m trying start a shirt company ..
Only if you think someone gonna steal your logo.
Keep track of places u are selling this item so incase u have to sue u can prove u was using logo 1st
👍🏽👍🏽👍🏽👍🏽👍🏽🔥🔥🔥🔥💨💨💨💨
Are u a Sagittarius lol
Libra Gang
@@StanBanks oh ok because sag's are all over the place too before they finally find something lol I was into photography too for a bit, now I'm trying to open a thrift store! But I need help/guidance
Idk about a thrift store but I love business!
Awesome 😍💋 💝💖♥️❤️