online childrens clothing business. Do you think its worth it? I want to make things like hair bows, tutus, t-shirts, ect for kids. I know there are a quite a few of these types out there already so I dont want to waste my time if Im not going to make any money. I will probably do some used clothing sales, diaper cakes and cute stuff for boys since nobody seems to have that. What do you think any other ideas? Thanks. Im just looking to make maybe $300 a month Id settle for $200. Do you think that is doable? Answer1:If you can do a better job of solving your customers perceived needs than the folks that are already out there you can succeed. Just look a Amazon. They went into an established business (book selling) and became a major vendor. Another example is Home Depot. One final example of a company starting up in a field filled with established competitors and making it big -- WalmartIn order to succeed you will have to give your customers a reason to do business with you. It could be better prices, a better selection, unique merchandise they cant get elsewhere or perhaps "cute stuff for boys". Based on your question about keeping your money separate it sounds like you know nothing about financial record keeping and taxation. The Small Business Administration (www.sba.gov) has some free and low cost booklets including one on financial record keeping that you should study. You should also check the IRS web site (www.irs.gov) which has a wealth of information about including detailed instructions on what and when to file various forms.I wish you well Jerry-the-bookkeeper
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