Congratulations on completing the last 12 steps! Now that you have proven the concept and see that it will be successful and profitable, it’s time to legitimize your business. This is a huge step as your side hustle will turn into a real business.
As a bonus I’ve added an overview of what it looks like to get the ball rolling for your new business. There will be another guide for those of you interested in scaling and formalizing your business, otherwise you have everything you need for a successful side hustle here.
Register your business in your State
Form an LLC (Limited Liability Company) to protect your personal assets. It also unlocks the ability for you to open bank accounts, enter into contracts, hire employees, and get business licenses and permits.
Just a tip: When you’re filing your LLC, confirm that the name that you want for your business is available.
Keep in mind, each state has different legal statutes, so be sure to review the laws and regulations of your state carefully. This will ensure that you don’t have any issues as you grow your business.
Buy a Domain
Buy a domain that matches your company name through your favorite domain provider (siteground, godaddy, namecheap, etc.)
Create a Shopify E-Commerce Website
Shopify is incredibly easy to use and it has a built-in step-by-step guide to get your store up and running in less than 1 hour. Don’t over complicate yourself just follow the prompts.
Pay for Facebook/Instagram Ads
Open a Facebook business account to start creating and managing your ads. Drive traffic to your website and track your visitors by using a Facebook Pixel.
Manage your finance with Quickbooks
QuickBooks helps you keep track of your business revenue and accounting. Using QuickBooks makes your bookkeeping, general accounting, and taxes a a lot easier.
QuickBooks for Shopify allows you to seamlessly export all of your Shopify sales to QuickBooks, directly from your admin. With a single click, your order data (including line items and taxes) are automatically sent to your QuickBooks Online account.
Outsource your work
Once you start getting more work than you can handle, this would be a good time to start outsourcing your work. Contact local manufacturers or other people who have 3D printers that would be interested in collaborating with you.
Thank you for being part of this community. I hope that this guide has provided value to you as it did for me and my business. Be sure to check out our Discord server to connect with other people in our community.