I need help please...
I intend to open a cake decorating bussines from my home, but reading all the negativity the become it seems like it won't be worth the risk. So I went to speak to restaurant owner in my area NJ about renting their kitchen for a few hours a week. She agreed. We are going to work out the time, so we won't interfiere with our work.
Now I have questions:
I won't be selling my items from any countertop, everything will be by orders either by phone or person.
. I will register my business with LLC.
Do I need tax id #?
Do I have to charge taxes when selling my item?
How do i pay taxes? Those anybody know for a small business (2,000 - 7,000 profit in a year like how much taxes do i have to pay?
Do I have to get my own liablity insurance?
How can i call my business if im using other person business?
Can I advertise my business now that i have a commercial kitchen?