My Step Mother's brother's ex wife owns a restaurant. She (my step mother) asked me if I wanted to ask the owner, who she is close to, to rent part of her kitchen. I really don't know much about the cake business part. Could I do this? What is a good price for renting? What else would I have to do also (getting a license)?
Thanks for any advice!!!
Health Department Inspection
IRS tax ID number to report business income and self-employment taxes
Business Liability Insurance/additional car insurance for deliveries
Register business with your state's Secretary of State
Obtain sales tax permit from your state tax agency/city and/or county taxes, if applicable
There are lots of things to do besides renting a kitchen and baking. Go to the Small Business Administration web site and/or your state's SCORE office for information you need about running a business.
I guess I'm not ready for that yet. I don't have the level of talent and enough people wanting my cakes right now...I really need to do more research before I jump into anything.
Thanks for letting me know.