We now have an LLC, a federal tax ID number, and we’ve applied for a business license! I’ve set up an account with Ingram, a wholesale distributor, although I’m not sure yet when we’re going to start selling. I set the business license up to start with online sales, so we can get our feet wet with buying and selling and dealing a little with inventory. By no means do I think that will really be what it’s like, but this seems like a safe way to get ourselves familiar with the process before we actually have a real-live-in-person store. Once the business license is issued, we’ll apply for a reseller’s permit and submit the permit to the wholesaler. We also plan to take a booksellers online course in the next month or so.
I’ve thought about by starting with used books – listing what we already own to sell, but I’m afraid I might like my own books too much to sell them. We’ll see.
The hardest part of all of this is that we really are both pretty busy with our day jobs. We know the whole purpose of this is to transition from where we are to where we want to be, but we don’t want to lose focus of the fact that we do like what we’re doing right now, and we do have to pay attention to it. We can’t drop the balls we already have in the air – and there are quite a few up there juggling around right now. So, this is slow going for the moment but we’re closer than we were when it was just a pipedream. Some days it does still feel like just a pipedream, but now it’s a pipedream with a tax ID number.