Here we are, almost through March, and, after nearly two months in D.C., I'm ready for some fun in the sun!
My transition to a new city has had its trials and tribulations, and, I’ll be honest, part of me feels like I'm starting all over again with my business. Moving to a different state means getting new licenses and permits, finding new local events, building new networks, and learning the intricacies of doing business in a completely new place. But I know that just because something is challenging, it doesn't mean that I should give up. It simply means that I’m going to have to work just a little bit harder to make it happen. The one thing I know is that I’ve done it once and I can do it again!
Some days I feel like I'm back in school, constantly researching, googling, and making phone calls to the local state business and comptroller's offices. It is so important to do your research and know what the requirements are for your particular industry, location, and business structure. States have websites dedicated to answering your questions, so why not take advantage of them! Having spoken with many other small business owners the biggest area of confusion is understanding the differences between federal and state income taxes versus sales taxes. They are two different things and require reports and filings to different entities. Federal and state income taxes deal with your income and require filings quarterly/yearly based on that income and your type of organization. The sales taxes, unless you provide a service, are required to be collected from customers when you complete a sale and then paid to your local taxing authority. It is imperative to get a firm understanding of the tax burdens you will face as a small business owner. Are we having fun yet?! (Disclaimer: my thoughts and opinions are my own and should ALWAYS be verified with your local taxing/business authorities.)
Personally, it has felt like I’m starting over as well! The simplest things – like where to get my hair cut or my nails done – all require research, and hilarious trial and error. Don’t get me wrong, it is great to have a whole new city to explore, with great restaurants, coffee shops, and bars, but some days I wish it didn’t all require google maps and yelp searches. So, if any of you have any suggestions on people, places, or things that I should check out in the D.C. area, please send them my way!
For those of you in San Antonio that may have stopped by the First Friday pop up, you will have met my new rep, Chelsea. She'll be doing most of the events in San Antonio going forward, but don't be surprised if you still see me from time to time (spoiler alert: Sunday, March 25 at Brick). After all, San Antonio will always be my hometown!
Now that I am operating in two separate locations, inventory will vary from place to place, so be sure and watch online as well as in person for the best and newest assortment of items. And, as always catch all of the up to date event listings on the Events page of the website and be ready for all of the new spring jewelry!
Following my dreams, one day at a time, and anxiously awaiting springtime and warmer weather!