My sister and I are considering starting up a new venture and eventually opening up our own business. We both, for years, have been crafty and creative and she has her own line of bath products and I have my line of gift baskets and gifts in a jar. Do you have any advice or tips you might want to share? We are in the Central Valley in California and would have even thought about more or less Internet selling to begin with, but obviously we are pretty new to the retail selling part outside of bazaars and boutiques both locally as well as those we travel to. Any thoughts? Thank you much!
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Do lots of homework into finding the right shop and the legalities of forming a partnership, etc. If you can do it, get a job in a boutique part time to see how things work and don't work. I made the mistake of starting a business without fully researching the market, and I lost a lot of money. Make sure that you have enough capital that you are willing to lose for a year. Sometimes a business takes time to get off the ground. But you have to be willing to lose that capital if the business does not get anywhere. You might consider working from your garage and selling in a home shop via ebay, your own web site or Amazon.com. You would have a minimum overhead and could then build up a clientele. I wish you lots of luck and enjoyment from your venture.
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