Saturday, October 22, 2022

Legal Structure and Site Building

Wow! This has been a busy week. It started off with a lot of reading, researching, googling, etc. to learn about the legal structure needed for businesses. The following sites were the most helpful for the information I was looking for:

  • https://corporations.utah.gov/business-entities/dba/: This site gave me the instructions for registering my sole proprietor business as a DBA (Doing Business As). It is a rather simple process and can be filed online through Utah's "OneStop Business Registration." Besides being registered with the state, most cities require local business licenses.
  • https://tax.utah.gov/training/tap-salestax: This site was helpful in knowing about sales tax and how it is paid/filed. In Utah, you need to register for an account on the state's TAP site (Taxpayer Access Point), https://tap.tax.utah.gov/TaxExpress/. Small business owners need to file and pay sales tax monthly, quarterly, or annually. Businesses with an annual sale and use tax liability of $50,000 or more must file and pay sales and use tax monthly. Sellers who are not required to file and pay monthly may voluntarily file and pay monthly by contacting the Tax Commission. The choice to file and pay sales taxes monthly remains in effect until the seller contacts the Tax Commission in writing to cancel this choice. The change back to quarterly or annual filing will happen the following quarter or year. Sellers who file monthly returns timely qualify for a 1.31 percent seller discount on certain sales and use taxes.

Then onto the actual building of the website. This took me ALOT of time because I wanted it to be just right (ok, perfect :)) right out of the gate. There are a few things I couldn't figure out how to do like create a submenu for each of the products (bath bombs, bath salts, sugar scrubs, etc) underneath the Shop button. I'll need to do some more research and search the Help section on Wix to figure this out. I think it would be more user friendly to have this option on the site. I really enjoyed building the webisite. Besides being fun, I kind of felt empowered to be able to do new things during the process.

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