Marketing 250 BYUi

Created a website on shopfiy. It was very helpful to watch videos. I learned how to be able to take payments. This was tedious process of installing a two step process password authenticator. I use google authenticator. It created several passwords I could download and use. I also picked a good plan that was in my budget. I like how it gave options on setup and drop shipping and creating a name. I also like how I can change my store name at anytime. I like how I can also use my iPhone to take payments on the go. There is a lot options on Shopify. I highly suggest for any one creating a new business. I was able to verify my email. Shopify is very user friendly. Now lets see if we can get some sales.

week 5

Choosing a legal Structure – I have had many businesses in the past and am familiar with the different legal structures. Right off hand I believe an LLC is the way to go on this adventure. There are some pro’s and con’s to this decision. I reviewed and refreshed my knowledge on the different structures available. Since I will be selling my daughters jewelry and possibly be throwing some affiliates on there. I do not seeing us becoming the next Signet aka nation wide jewelry store. I like that with the LLC I do not have to have shareholder meetings and record the minutes. The cons as I mentioned earlier is if this business grows I will be restricted to my options.