To start a business or not to start a business that is the question

Well I have been thinking I am gonna start my own business!! Trying to figure out what all I need to start my own business up(if you guys have any thoughts or know what I need or any information about starting a business comment please thanks :D) I am going to sell scrapbooking supplies. I am trying to figure out what I need to get started registering, taxes, names, suppliers, what brands to sell, what prices, where to put my business, etc it is all kinda crazy but I am soo excited this is something that I actually really want to do!! :D I know for sure American Crafts, Tim Holtz, The Little Yellow Bicycle, K&Compnay, Washi Tape, Basic Grey, Fancy Pants, Jolee's, Making Memories, We R Memory Keepers, etc :D I love Amy Tangerine and Dear Lizzy collections they are my fav!!! I love smashing and am gonna get my first Amy Tangerine Daybook soon soo can't wait!! :D