How to Start Your Own Jewelry Line

Starting your own jewelry line can be easy as long as you have a creative mind. Making jewelry that is different from your competitors is important. When shopping for jewelry customers like jewelry that is unique and different from other jewelry businesses. Shop around and see what your competitors are selling, paying close attention to their designs. You can get all your supplies at any local craft store or online. When ordering online make sure you have your resale tax number, this will allow you to buy your supplies wholesale. After you have your supplies start making different pieces whether it be earrings, bracelets, or necklaces.

Design different pieces, show them off to family and friends. Ask your family and friends what pieces they desire the most, allow them to pick a couple pieces, this can be free advertising when showing your work off to their friends. Make sure you use gold or silver wire if that is the route your taking, it is more expensive, but you want good quality.

Requirements, permits and licensing may differ from state to state. Make sure you check with your local county or city clerk's office for the necessary information you will need before opening your jewelry business. Below is a list off things you will need before selling your jewelry.

1) Business Name

Being creative when it comes to your business name can mean having a successful business or having a business that no one notices. Using your own name for your business can work as long as it is unique. You want your business name to catch the attention of your buyers. When choosing a business name other than your name, you may need to seek an attorney, although it is not always necessary. Your attorney will know all the necessary requirements you will need in owning the rights to your business name. Go online to your state's secretary of state office for all the information you need pertaining a business name.

2) Business License

Selling jewelry requires you to have a business license. Not having a business license can lead to fines and your business being shut down. For more information about a business license visit your county or city clerk's office.

3) Resale Tax Number

Register with your state's Department Of Revenue Sales Tax Division to receive your resale tax number. This will allow you to buy wholesale items needed for your business. You will also need this number for your quarterly state sales tax. Your required to fill out a quarterly state tax form whether you have sold items or not. You will be required to send a check with the form for any sales tax you have collected from your consumers. To get your resale tax number go to your state's department of revenue, you can find it online or in your phone book under the government section.

4) Business Bank Account

The IRS (Internal Revenue Service) requires you to have a separate business account, separating your personal bank account from your business account. This allows you to separate your personal and business income and expenses.

5) Creating Your Own Jewelry

You can order supplies wholesale online using your resale tax number, you won't have to pay retail prices. When creating your own jewelry, be unique and creative. Buyers are more prompt into buying something that is one of a kind. The more you put into your jewelry, your business will succeed.

6) Advertising

When advertising you want to get the attention of buyers. You can advertise online, by radio, flyers, ads and most important, word of mouth.

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