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Old 10-30-2012, 09:05 PM   #1
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A couple Q's on becoming a WAHM including do I need to get a business EIN#?

I'm thinking about opening a store on Etsy for a variety of things. I'd like to make cloth napkins, place mats, un-paper towels, wipes, fitted diapers, upcycled wool covers/longies/shorties, fleece covers/shorties/longies, changing pads, wetbags, maybe some PUL diaper covers, mama cloth, breast pads, pocket diapers, maybe some aio's, hankies, baby blankets, some baby/kids clothing here and there...Just a variety of different things. If I do open one, I'd plan on making things as time and resources allow. I'd like to make a little extra money just for a hobby to keep me busy during the colder months but I'm not looking to make a ton.

My questions are:

Does it really pay?
How do you figure out fair pricing?
Is etsy a good place to sell?
If not Etsy where?
Do you have to get an EIN # for a WAHM business?

Thanks!!

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Old 10-31-2012, 01:55 AM   #2
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Truthfully, I think the market is extremely over saturated. That being said, if you have a unique design or pattern for an item and quality work it will make a difference. I'd find one or two things you really enjoy making and stick to that, then branch out as you have a steady flow of customers. From what I've read most WAHMs say they don't profit for a year if not more.
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Old 10-31-2012, 04:39 AM   #3
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Re: A couple Q's on becoming a WAHM including do I need to get a business EIN#?

Thanks. I'll have to play around and see what I can do with things and what I like making most.
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Old 10-31-2012, 07:57 AM   #4
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Re: A couple Q's on becoming a WAHM including do I need to get a business EIN#?

Here is some info on getting an EIN#. It's very easy to do and a good place to start in keeping your home financials seperate from your WAHM financials.
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Old 06-14-2013, 08:54 PM   #5
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Re: A couple Q's on becoming a WAHM including do I need to get a business EIN#?

good to know
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