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makeup
Make Up Sales or Make Up Artist
This is a world wide $40 billion industry with annual growth in excess of 4%. Face cosmetics, such as makeup and makeup creams had more than $13 billion in sales which is more than 35% of overall market value. The outlook is that it will continue to grow in the next 5 years , when the market should be valued at $45 billion. The worldwide make-up market involves face make-up, eye make-up, nail make-up and lip make-up.
Make up is not only color, ease of use and luminescence, but also includes protection against the suns UV rays, moisturizing and anti aging agents. The latest is make-up with organic ingredients with vitamin E and plant extracts.
You can sell makeup online, at retail outlets, grocery stores, specialty retail stores and pharmacies.
Kim Cardasian gets old and Kaney abandons her and the baby. To make ends meet, Kim starts a make-up online business. To get it going, Kim must first
select a business structure:
as Sole Proprietor, Partnership, LLC or Corporation.
The above step is important because Kims all documents will be filed under the type of business organizational structure.
After that, Kim must will need to obtain a business permit.
This is a general business permit that all new makeup businesses must obtain.
Note that in the majority of the makeup cases you do not need to obtain a business permit that is specifically for your makeup type of business.
You only need a general business permit.
In addition, all makeup businesses must be identified by a business tax ID called a federal tax ID number or Employer Identification Number (EIN).
If Kim files as a sole proprietor, she can use her social security number instead of the federal ID.
Then, a sellers permit is required if she sells makeup merchandise wholesale or retail.
The sellers permit is also called state ID, wholesale ID, resale ID, or re-seller license.
If she is an employer, she will need a federal employer Number and a State Employer Number.
If she will do business as a name other than her full legal name, for example, she will do business as "Kims Celebrity Makeup," you will need to file a doing business as (DBA) filing.
Finally, you have the option or incorporating or forming an LLC.
Setting up as one of these corporate entities allows you not to file a DBA.
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