eBay & Selling Education » Business Setup
Step One: What type of business will you have? Sole proprietorship – You have complete control over the business. This form of business has low start-up costs and few regulations, but you are personally responsible for any debts and obligations. If you operate under your own name you do not need to register, but if you earn more than $30,000 a year you will need to apply for a GST number.
As more and more people flock to shop on the web, there has never been a better time to start an online business
Setting up an online store is a great way to start making money online, or to expand an existing business. However, setting up an online business can be confusing for those who are new to selling on the web. Not only are there some very complex design and set-up factors involved, Internet marketing is also a completely different ball-game to marketing a brick and mortar store..
Step One: Decide on a Business Structure The four main types of business structures commonly used by small businesses are: Sole trader: an individual trading on their own
The cheapest way to register a business is through the Companies House, where it costs £20, payable to Companies House. Alternatively, you can get a same-day registration service for £50. If you require witnesses for form 12, this is around £10. See the Companies House for a full price list.
The 3 simple steps to registering a business: 1. Name availability check. This ensures that your business name is not already in use by another business
If you are serious about establishing a business on eBay, then you’ll need a federal Tax ID number. Find out why…
A webiste can really help your online business grow. While eBay and other auction sites can give you the traffic you need, a great website means you can really market yourself and your business
Are you confused about paying taxes on items you sell online? Heard rumors about 'hobby' businesses not being liable for tax? Paying taxes is not something any sellers should bury their head in the sand and forget about.
To start out in product sourcing, you need cash. One of the dilemmas for a lot of our members is that they don't have a lot of cash, which is exactly why they come to us!