This is something I’m so passionate about and I’m finally at a point in my life where I could do this and have the full support of my family. I just don’t quite know where to start. If anyone has done this, I would really appreciate some advice.
Please realize that I’m not some person who just got an idea and picked a profession out of thin air. I’ve wanted this since I knew how to clean a room. I have researched the risks and I understand the chances of this not working. I just want to know how I can begin the process of creating this business and getting the proper certification of becoming a Professional Organizer.
Answer by andre de coonass
My wife and I started a small business a few years ago. I had spent years trying to convince her that it would work. She finally gave in and said “If you open it, I’ll run it”. I did a lot of on line research. In Louisiana, our Secretary of State web site had a form that you fill out explaining to them what type of business and where it is located. They got back to me about a week or two later with a list of things I needed to do, and people I had to get approval from (like the local school board that collects the local sales tax).
First, I developed a business plan and used real numbers and projections in the event I would be using it to convince the local savings and loan to lend us money. Next was finding out everything that needed to be done and developed a time-line. Because the state license for the type of business we were starting required up to six weeks for approval, it became the critical path to swinging the doors open.
You have to decide what type of business (for accounting and paying taxes) but most likely you will be a sole proprietor (this is critical to keep the IRS away from your profits, find a good tax man). Had a local attorney draw up an operating agreement and filed with city, parish, and Secretary Of State Office. Mortgaged the house for operating capital. We opened the doors in July of ’02 and in our first full year of operations in ’03, my wife and I paid taxes on profits of 180K! A year later, we had one full time employee (a really great person) and my wife was able to only have to work about 4 or 5 days a month. The feeling of acomplishment is almost as satisfying as realizing I might be able to actually retire at 55. GOOD LUCK!!!