Trademarking is a lot less expensive than most people think (although enforcement is another thing entirely), but make sure to do your research! If someone else is already using your proposed name, your application will be rejected right away and you will not only lose your application fee, but the time invested would have been in vain. And as you know, time equals money.


Make sure to utilize the tax-specific resources provided by the SBA and the IRS to fully research your federal and state tax obligations. These include, but are not always limited to: corporate income tax, employer tax and excise taxes. For most small businesses, the right first step is applying for an Employee Identification Number, which you can do using this IRS EIN online application. Depending on your state, you might also need to register for a sales tax license.

There are benefits to either approach. Sharing a common wall with your house can require some careful soundproofing but can reduce heat loss and exterior fin­ishing costs like siding. A shop located in an addition is more likely to be allowed to have living space or storage space above it, and it may be easier to make use of the existing plumbing and electri­cal and heating systems of your home to service your shop space. Another advantage of an addition is not having to run to an outbuilding in minus-30-degree weather or a summer downpour.

The right first step online for most stores and restaurants is creating a Google Local Business Listing. Google accounts for 90% of all global organic search traffic and more and more of that traffic is coming from mobile devices. Chances are, your customers are using Google to find you, so you’ll want to make sure your hours, description, contact details, address, and images are all accurate.


One of the most important and often overlooked first steps when starting a small business is preparing a business plan. Many entrepreneurs who hear this might panic. And while the value of writing a business plan is often debated, those who complete them are nearly twice as likely to successfully grow their businesses or obtain capital compared to those who don’t. More on this in part three of How to Start a Small Business 101, Components of a Business Plan.
So what’s the downside? Well, for starters, RV conversions aren’t exactly known for quality. Most manufacturers use cheap (i.e. shitty) materials, and just don’t build their vehicles to withstand the stresses of full time living. You’re also locked into a pre-designed layout, so it will be a lot more difficult to customize how everything functions.
Do you create, collect, or curate anything special? Consider starting an ecommerce store and turning your hobby into a full-time job. Whether you need somewhere to sell all that pottery you’ve been making, or an excuse to search for the sports memorabilia you love tracking down -- an ecommerce store can make it financially viable for you to pursue your passion.

When you design your workshop setup, climate control often gets ignored — and that’s a huge mistake! If your workshop or hobby room is in an unconditioned space like a garage or basement, you could find that it’s brutally uncomfortable to work in there during warm weather. You’ll be much happier with a solid fan — or several — to keep air moving for your comfort.

I will challenge myself to use this space creatively to tell the story of each year. Ultimate Small Shop Guide When I started thinking of all the possibilities, it really inspired me to start getting organized and collecting some great memories. And don’t limit yourself to just photographs, your scrapbook pages can really be accentuated by other types of memories. Here are some ideas to get you started. Looking for some great Halloween crafts for your Halloween party, haunted house, or just for trick-or-treaters? A fun craft is something that can keep you occupied for hours on end especially if you enjoy it. Here are some ideas that will hopefully set you on your way in preparation for your next Halloween…If you live in a house that has a wood-burning fireplace, then chances are that you have access to tree stumps or large blocks of wood. These are great for making stands for your Jack O’Lanterns. You could use a chisel to slightly hollow out the middle of the stump so that the lantern can sit stably or simply use some Blu-Tack or Velcro. Get some small or mini pumpkins and hollow them out to use as candle holders. If open flames are out of the question, you can put glow sticks instead of candles for a different effect. You can carve, draw or paint faces on the pumpkins too. Instead of pumpkins, you could use apples as well. Ensure that you choose apples that sit well and flat or cut off the bottom to make a flat surface. Remove the stem and cut around it deep enough for the candle. It is best to use taper candles for a better fit. Get a large pumpkin and hollow it out to use as a salad bowl or to serve fresh vegetables. Cut off the top, hollow and clean it out and let it dry in the sun. You could carve a jagged edge design on the top. Do the same with some smaller or mini pumpkins to use for dips or salad dressings. Make a scarecrow in your front yard. You need two pieces of wood, one put into the ground and the other nailed across for the arms. Use old jeans and a shirt and stuff them with newspaper. Add some straw for effect. You can use a plastic pumpkin for the head and draw a face on it. This makes a great Halloween craft for the whole family. Tie glow sticks to helium balloons and let them float around the house. Ensure that some string extends below so that people can easily reach them if they get stuck somewhere or simply to play with them. Use publicly available Halloween fonts on your computer to make banners or invitations for your party. It’s a fast, easy Halloween craft you can use instantly to enhance your party theme. Ultimate Small Shop Book Print them onto inkjet iron-on transfer paper and put them onto your favorite t-shirt or Halloween outfit. A visit to your local hardware store for some basic items and you could make your own tombstones transforming your garden into an instant graveyard. Paint them grey to resemble stone. Do not worry about the details as it will be dark, but do put on some exciting or scary wordings. By the way, your local hardware store is loaded with Halloween craft ideas.
One practical note: Lots of retailers and restaurateurs are now engaging in event marketing in their business locations. Lululemon does in-store yoga on Sunday mornings, Barnes and Noble hosts author readings, and your local Italian restaurant may offer cooking classes. Think about all the potential use cases for your store and ensure that it is fit for purpose.
Overall I am very happy with the final results and I can’t wait to get back to making sawdust. The first project to be completed in the new shop is going to be a Queen Size Platform Bed for one of my favorite clients. I mentioned in a previous post that one of my goals this year was to get back into doing client work and this is me making good on that promise. I can’t wait to get started!
It’s also a good idea to cover up any exposed insulation or open stud bays so that you have a flat surface to mount stuff on the walls of your workshop. Here we’re attaching plywood panels to the metal framing but in most garages or sheds you can just nail them directly to the studs. We’re also getting a jump on organizing by putting in a hose reel next to the location we’ve chosen for our air compressor.
Equity financing is money raised in exchange for a share of ownership in your business. The core benefit of this type of funding is the lack of debt. You won’t have to worry about those pesky monthly repayments. The downside? You are giving up total ownership of your business, you are giving up the rights to a portion of the ongoing profits of the business, and you are potentially giving up some control of how your business is run (Though this is not always the case).
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Love the design. I’ve got a 15 tacoma, which has rails that run the length of the bed and are what my shell is “clamped” into via a bed rail nut. Hence my problem with following your outline verbatim. Any suggestions for incorporating the rail as a substitute for the 2×4 you clamped into your truck? Essentially connecting the 3, 2×4 braces directly to the rail… I’m a construction novice, any suggestions greatly appreciated!
If you choose to hire a draftsperson or architect, they may charge you based on the square footage of the area you are proposing, by an hourly rate for their time or as a percent­age of the cost of the structure. Costs of building permits will be a percentage of the estimated cost of the structure you are proposing (e.g., $15 permit fee per $1000 or 1.5 percent), or a cost-per-square foot depending on your municipality (e.g., $1.20 per square foot). Design work and permits will both dif­fer depending on the part of the country in which you will be building, so ask the questions as you move ahead. One of the costs that is often overlooked in planning is the increase in annual property tax you will pay once your improved property has been reassessed.
In our Complete Coffee Shop Startups Kit, we spend a good amount of time discussing your health department requisites, your coffee equipment, and even the design of your coffee shop. Since this makes up a significant bulk of your startup costs (equipment, space requirements, etc.), we recommend that you spend an extra couple of hours strengthening your knowledge base with listening to our audio interviews.
“If it’s a retail space then location is critical. Proximity to other retailers, access to transportation, and visibility/signage opportunity can be critical. In this case, there may only be 4 or 5 spaces available that meet the business’s criteria and objectives. A good broker will sometimes develop creative alternatives that might be outside the locational parameters but offer other advantages – such as co-tenancy or lease term flexibility.

Well, my workshop is finally complete and I’m ready to take on just about project that comes down the line. And I’m pretty well set up here. I’ve got a great workbench, plenty of table space over here that easily rolls around the shop if I need it, lot of storage space down here, I can tuck these tools away or bring out any new ones that I need. And as you can see I’ve got plenty of supplies to tackle just about any project.
The on the go mode is ideal for when I’m just driving all day and need to pull over and get some rest, be it in a parking lot, a residential cul-de-suc, or wherever. I usually toss a couple of items in the cab of my truck and crawl into the “coffin” sleeping arrangement for a quick night’s rest, but I can also crawl in without placing anything in the cab.
Make sure to utilize the tax-specific resources provided by the SBA and the IRS to fully research your federal and state tax obligations. These include, but are not always limited to: corporate income tax, employer tax and excise taxes. For most small businesses, the right first step is applying for an Employee Identification Number, which you can do using this IRS EIN online application. Depending on your state, you might also need to register for a sales tax license.
At times, while you are starting a small business, it will seem like there is a brick wall in front of you, made up of all the different problems that will occupy your time and mind: a lack of funds, permits, regulations, tax worries, inventory issues, or a lack of customers. Concepts like “free time” and “the weekend” will take on a very different meaning. While the emotional ups and downs of cash flow management and customer service, may drain your will to live.
“Beware suppliers bearing gifts. That ‘free’ refrigerator from the drinks supplier is never really free. You can quickly find yourself tied into sub-optimal deals because of a reliance on this hardware. If you have access to the capital, do yourself a favor: Buy your own fridge and negotiate from a position of strength.” — ShopKeep Founder and Experienced Small Business Owner
Remember, your retail store layout guides product placement, directs customer flow, and defines the overall look and feel of your store, so it deserves plenty of thought. Many factors will affect your floor plan choice, including the size and shape of your sales floor, the types of products you sell, and even the customers you hope to attract. Keep these factors in mind as we explore each floor plan option in detail.

Through my cabinet-shop connections, I managed a snappy deal ($200) on a used cabinet saw with a 54-in. commercial rip fence. That price would be hard to match, but it is possible to find a hybrid or used cabinet saw with a high-quality fence for $600 to $1,200. Some of them will run on 120v household current, meaning you won’t have to rewire your shop for 240v service, but be sure to check for compatibility before you buy.
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