What To Include In A Business Plan Take a good look at the equipment you own. Determine if it is going to last at least a year and try to determine if it will allow you to keep up with your projected demand. If not, what type of new machine will you need to purchase? Keep in mind that it should pay for itself within a year to order for it to be a viable purchase. Having all your equipment in good workable condition before starting a quilting business can make your entry into the market much more profitable.
If you plan on starting a quilting business out of your home, be sure to check the local zoning laws to see if it is allowed. Also check with your country auditor about a tax license and find out if you are required to have one. Most states require that sales of any kind will need to collect sales tax and then send it to the state throughout the year.