I think it's a fairly grey area, hence my uncertainty. You don't have to register for GST until you earn over 50k, but you can register if you want to. Also, you can get an ABN without registering for GST. And then you have the whole thing about registering a business name, which is different in each state...
Thanks for the feedback, everyone I did check with the markets I am looking at, and they include Public liability insurance, but not Product liability. I figured receipts are not really important, since I don't think anyone at these markets give them out.
Yeah, that's what my understanding was. I already trawled through the ATO and Dept of Fair trading websites, but it's pretty hard to find the exact information I want - probably easier to just call them, but anyway...
I know some of the markets require an ABN, but the one I am aiming for didn't say anything about it.
I'm getting ready for my very first craft market, and I was wondering if anyone knows whether or not I need an ABN? I thought that I wouldn't need to set up as a "proper" business if I earning below a certain amount. Since this is a once off thing, I wasn't going to bother (I'm really just testing the waters first, to see if my products will sell, and I will be lucky to break even). However, someone told me that if I am selling things "officially", like at a market, I need to get my ABN, register a Business Name, register for GST, get insurance etc. Any Aussie crafters out there with experience with selling at markets? Can you sell casually without setting up a full on business?
Hi everyone! I am getting ready for my very first craft fair. I will be selling jewelery and various felted things. Do you think it's all right to have different ranges of the same products? What I mean is something like, a steel range of jewelery, and the same designs in a (more expensive) silver or gold range? Or with the felted things, the same products available in different types of felt, like Polyester range and 100% Merino range ? I want to make stuff with the better materials, but I'm afraid that the prices I will need to ask would be too high for many sales. On the other hand, I don't just want to have the cheap stuff, and be known for producing cheap things! It's a proper craft market, not a seconds/junk markets so I hope most of the people who go would be the type to recognise quality materials, but I'm not sure, because using better materials pretty much doubles the cost.
I have made a dress with a zippered back and shirred panels on the sides (sorry, I don't have any pictures, though). It was actually a mistake - I made the dress with the zip, and it was too tight, so I put the shirred panels in. I left unshirred panels next to the zip, and reinforced them so the zip stays stable. The main thing to think about is how the bottom part of the shirrred panels will look, and whether the shape of the dress will still be all right if the shirred panels are stretched open, because it will obviously affect where the side seams are, and, depending on where the panels are, possibly the armholes etc.