My two cents
Hey Missy,
1) You don't actually have to run a business to sell your jewelry. There are advantages, such as access to wholesale sellers and not having to pay sales tax on materials, but there are also drawbacks, such as paying for a biz license and filing state taxes. (Your federal taxes for a small biz can go under your personal filing.)
As for my name, I was at the karaoke bar one night with a friend who likes AC/DC and said I needed a name for my new jewelry biz. Without a moment's hesitation, he pops out with "Mel's Bells" and it's been that way even since! :-D
2) On my Etsy page I only accept PayPal (buyers can use their own credit or debit card through PayPal as well) and at shows I take cash and personal checks. One of the farmers markets I vend at does debit through the market manager's booth. It hasn't helped my sales yet but I like that they have the option. If I had my own credit machine I might have been able to save a few sales but I feel like those people were just making an excuse and weren't really committed. (12 years retail sales experience talking.)
3) I haven't done any hope parties but I think I would do well. Most of my sales this year have been from weekend festivals. I'm doing pretty poorly at farmers markets (most crafters I know are) and I only have one sale online to date. You mention the personal connection, so I would suggest you try home parties to start.
Personally, I find markets valuable even when I don't sell much. I see what people look at, what catches their eye, and that helps me tailor my product line.
I agree, this is a great site. I have to jet for the day but I'll be back to poke around some more! :-D
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