Question: business liecense for small company 11/7/2024 9:41 PM Philadelphia, Pennsylvania PA.

art gallery and tattoos My company will be promoting local tattoo artist as well as local artist. both sections will be open to the public and will be branching out into a more resturant type part of the building with comfort food and local entertainment. Industry Overview & Startup Requirements The art gallery and tattoo industry combined with online retail presents an interesting hybrid business model. The tattoo industry alone generates over $1.6 billion annually, while online resale markets are projected to reach $64 billion by 2024. Initial capital requirements range from $25,000-$50,000, covering essential equipment like tattoo machines ($500-1000 each), sterilization equipment ($2000-3000), art display systems ($5000), and e-commerce platform setup ($2000-5000). Basic Business Requirements Employer Identification Number (EIN) - Your business's tax ID number, used for tax reporting, opening bank accounts, and hiring employees Business Structure Registration (LLC or S-Corp) - Provides liability protection and tax benefits Seller's Permit - Required for collecting sales tax on art pieces, merchandise, and tattoo services Professional License - For tattoo operations Health Permits - For tattoo operations and safety compliance Online Resale Business Requirements Resale Certificate - Allows purchasing inventory wholesale without paying sales tax Sales Tax Collection System - For managing multi-state transactions Business Insurance - Including product liability coverage E-commerce Platform Registration Third-party Fulfillment Agreements - For dropshipping and storage arrangements

Personal Services art gallery and tattoos with 6 Personel. . DeXYZstch Oltra black cross inkCo. How to get my free business license What is the difference between a tax ID and a sales tax ID? Personal Services What license do I need to buy wholesale? art gallery and tattoos Federal Tax ID Number vs. EIN. Philadelphia Bucks County  , PA 19124.

Additional Considerations Operating from home requires proper zoning compliance, especially for the tattoo portion of the business. Your hybrid model combining art gallery, tattoo services, and online resale will need separate tracking systems for inventory, sales, and service income. Standard accounting software ($30-50 monthly) and e-commerce management tools ($100-200 monthly) will help streamline operations. Consider starting with one aspect of the business and gradually expanding to minimize initial overhead costs.

art gallery and tattoos Alright, you're about to embark on a pretty exciting journey—combining art, tattoos, and a resale shop! The art gallery and tattoo business is already a fun, niche market, and with online reselling thrown in, you’re creating a one-stop destination for creativity, ink, and unique finds. Let’s break down what you'll need to get started, both on the business front and the paperwork side. Industry Snapshot The art gallery and tattoo industries are both booming, with tattoos especially popular among younger generations. In the U.S., the tattoo industry alone is worth over $3 billion, and demand for unique, personalized art continues to rise. People are itching (pun intended) to get inked and decorate their homes with art that speaks to them. On the resell side, the second-hand goods market has skyrocketed in recent years, estimated to grow to $77 billion by 2025. There’s a growing trend towards sustainability, and people love scoring cool items for less—so you’re tapping into some strong currents here. Start-Up Costs and Equipment To give this business life, here’s a quick breakdown of what you might need: Tattoo Equipment: Tattoo guns, needles, ink, sanitation supplies, tattoo chairs, etc. – estimate around $5,000–$10,000 to get the basics. Art Supplies and Display Materials: Canvas, framing, shelving, display cases for the art gallery – you could be looking at $2,000–$5,000. Online Shop Setup: If you’re running an online resale shop, you'll need a solid e-commerce platform, website hosting, domain, and some branding. Budget around $500–$2,000 to get started. Inventory Costs: For the resale shop, this will vary based on the types of products you’re selling (toys, clothes, thermoses, etc.). If you’re sourcing pre-owned goods, you might start with a small budget of $1,000–$2,000. You could be looking at an initial investment of around $10,000 to $20,000 to cover everything from supplies to branding to inventory. Not too shabby to kick off a business that’s part art, part tattoos, and part resale fun. Business Structure: LLC or S Corp? Choosing between an LLC and an S Corp comes down to liability protection and taxes. Here’s the rundown: LLC (Limited Liability Company): An LLC will shield your personal assets from business debts or liabilities, which is especially helpful if, say, someone wants to sue over a tattoo gone wrong (hey, it happens). Plus, LLCs are easy to manage, with flexible profit distribution and fewer formal requirements. For most small businesses that don’t need complex ownership structures, an LLC is a solid choice. S Corp (Small Corporation): S Corps also protect your personal assets, but they can offer tax advantages for businesses that expect to make solid profits. S Corps allow for something called “pass-through” taxation, which means business income goes directly to you and your co-owners without being taxed twice. However, they have more formal requirements (like holding regular board meetings), and the setup can be a little more involved. For a combo art gallery/tattoo/resale shop, an LLC is likely simpler and more flexible, but you could always go with an S Corp if you expect to grow and want potential tax savings. Do I Need a Seller's Permit? Yes, if you're selling tangible goods (like clothes, toys, thermoses, etc.), you’ll need a seller’s permit. A seller’s permit allows you to collect sales tax on taxable items. Every time you make a sale, you charge the customer sales tax, and that tax is paid to the government periodically. This applies whether you’re selling items in-person or online, so make sure to get that seller’s permit squared away to stay on the right side of the tax man. Business Name Registration If your business name is different from your legal name, you’ll want to register that name. This is called a “Doing Business As” (DBA) name. It essentially lets the public know who owns the business and allows you to operate under your brand name rather than your personal name. If you register an LLC or S Corp, you’ll automatically get your business name registered as part of that process, but if you’re operating as a sole proprietor and want a catchy name, a DBA is the way to go. Art

Here is what Licenses you are legally are required to get for art gallery and tattoos in Philadelphia, PA.
IMPORTANT: Requirments below include Internet, Online, Websites, Home or eBay/Amazon Businesses)

 
Answer:
Here is a list of Licenses you need to start your own Philadelphia Business.

    99% of new businesses are required to get a(n) , Philadelphia business tax id registration (business license).

  Businesses with an trade firm name other than the owner's legal name are required to get a(n) Bucks County   DBA ( doing business as ) fictitious business name.  

   On the other hand you may also need a sales tax ID AKA seller's permit if you sell merchandise that is taxable.  (A.K.A Pennsylvaniaseller's permit, state id, wholesale, resale, reseller certificate).

    In addition you will need a federal and a state EIN if you will hire employees. I.e., a PA Federal EIN and a(n) PA  State Employer EIN  

    Instead of filing a fictitious business name DBA Filing in Philadelphia, Incorporate in PA  or form a(n) PA LLC 

Here is a list of licenses you need to start your own Philadelphia small company.

    99% of new businesses are required to get a(n) , Philadelphia business tax id registration (business license).

  Businesses with an trade firm name other than the owner's legal name are required to get a(n) Bucks County   DBA ( doing business as ) fictitious business name.  

   On the other hand you may also need a resale id AKA sellers permit if you sell merchandise that is taxable.  (A.K.A Pennsylvaniaseller's permit, state id, wholesale, resale, reseller certificate).

    In addition you will need a federal and a state EIN if you will be an employer. I.e., a PA Federal Tax Id Number and a(n) PA  State Employer Tax Number  

    Instead of filing a fictitious business name DBA Filing in Philadelphia, Incorporate in PA  or form a(n) PA LLC