Whether you only make hair clips and bows for your own daughter or you want to sell them online, going to Michaels and Walmart (or JoAnns, or wherever) for your supplies can get old, and EXPENSIVE.
When I first started my online business, I went to Michaels and Walmart for my supplies because I wasn't sure how my business would grow, and I didn't want to invest a bunch of money all at once. However, I would find that the supplies I needed were not constantly available, and I was paying for the "middle-man" mark-up, and all the extra packaging that went along with it.
Maximum savings is always achieved in BULK. Storage is definitely a factor - where will you put all your extra supplies? My office is a bit over-crowded, much to the chagrin of my lovably OCD hubby. So investing in a storage system is a good idea.
The categories of supplies you'll need are as follows: