REIGN REPORT #2

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Hello Kings and Queens,

Thank you so much for reading today Reign report! A-quick report B- Business definitions

C-start up resources QUICK REPORT

*Gloss Boss kits are currently sold out. Due to the current COVID-19 pandemic, they will be off the site until further notice. Thank you for your patience.

*Mentorship programs are not available at this time, however will be available during the Summer. More details will be relayed once available.

B-QUICK DEFINITIONS:

VENDOR-a person or company offering something for sale, especially a trader in the street. The vendor is who you purchase the actual products from.

LLC- formation of a business where the business assumes all liability in the event of lawsuit. If the business is sued, the business asserts are collected as opposed to personal property.

Sole proprietorship- a business started by one person.

Partnership- formation of a business by 2 or more people.

**if unsure which one best fits you, choose sole proprietorship If you are by yourself.

C-resources

logos- if you do not have resources to have a logo created, apps like FIVERR can help. They have a variety of logo makers to fit all budgets.

Here is the link https://www.fiverr.com

If you need assistance with the business license, websites like LegalZoom an assist and file your paperwork in your state for a fee. You can also google the requirements in your state and what documents you need to file based on your state.

Catch us next week !


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