{"id":7907,"date":"2026-04-02T23:35:47","date_gmt":"2026-04-03T03:35:47","guid":{"rendered":"https:\/\/chandraalilijah.com\/?p=7907"},"modified":"2026-04-02T23:43:17","modified_gmt":"2026-04-03T03:43:17","slug":"owning-623-detroit-shop-at-25-years-old","status":"publish","type":"post","link":"https:\/\/chandraalilijah.com\/index.php\/2026\/04\/02\/owning-623-detroit-shop-at-25-years-old\/","title":{"rendered":"Owning 6:23 Detroit Shop at 25 years old"},"content":{"rendered":"\n

My business hasn’t hit a million sales yet, but it grows as I grow.<\/p>\n\n\n\n

From bad financial decisions to taking classes to enhance my business. I\u2019ve been doing a little bit of everything to figure this thing out.<\/p>\n\n\n\n

Let’s Get Into It<\/strong>:<\/p>\n\n\n\n

Younger me made bad business moves<\/h2>\n\n\n\n

Don\u2019t buy insurance if you don\u2019t need it. (Yet)<\/p>\n\n\n\n

Don\u2019t get a sales tax if you\u2019re not ready to report. (Yet)<\/p>\n\n\n\n

Don\u2019t get an LLC unless you\u2019re ready to file as one every year. <\/p>\n\n\n\n

From bad financial decisions and moving too fast with licensing, taxes and other expenses, I\u2019ve learned that research is key.<\/p>\n\n\n\n

While having those qualities helps set a tone for your business, you can also invest in these things \u201ctoo early\u201d, meaning know your sales.<\/p>\n\n\n\n

Now, some states, programs and grants require these attributions to be considered a \u201clegal business\u201d. I truly suggest doing research and talking to government agencies on how these things work, to avoid spending a lot of money you don\u2019t have yet.<\/p>\n\n\n\n

Do I know what I am actually doing<\/h2>\n\n\n\n

By now, I have a better understanding of what I am doing, my why, and my operations.<\/p>\n\n\n\n

However, I truly believe that it\u2019s a working process. I didn\u2019t go to business school, and I don\u2019t have any experience in running a business besides working retail.<\/p>\n\n\n\n

Working in retail has leveraged my experience and taught me different procedures and skills. It\u2019s been my \u201chands-on\u201d experience.<\/p>\n\n\n\n

Business is experimental <\/h2>\n\n\n\n

As a creative creating a business, it\u2019s forever changing. One minute you want to sell chocolate-covered strawberries, and then next you\u2019re scratching that off the list because it no longer aligns.<\/p>\n\n\n\n

Fine-tuning my product list is always a challenge because I’m constantly trying to figure out what\u2019s working and what\u2019s not.<\/p>\n\n\n\n

That\u2019s why I say, as I grow, so does the business.<\/p>\n\n\n\n

Recommended Posts<\/h2>\n\n\n