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Business license?


Business license?

Post chanman 12/03/2007 00:26

Maybe someone already ask this;but I can't find it,lol. If I start out part time instead of FT do I still need to apply for a business license and/or EIN number? For example buy one or two items a week and sell/auction it on Ebay. Eventually once I have enough cash flow going I would like to open a store then I'm pretty sure I'll need all the stuff to run it full time. And one last thing does the IRS put a limit on stuff a person sells before you need to get a license/EIN? Thanks! :? :? :? :cry:
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Post haus1028 12/03/2007 04:04

You don't have to get your EIN but it helps.
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Post jimmy_salehoo 12/03/2007 04:40

its not required but it is a good thing to have if you are interested in finding good deals. As most really good deals require a resellers permit or equivelent. If your only trying to sell a couple of items per week then you probably dont need to get into that as most good deals come in bulk purchases
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Post chanman 12/03/2007 22:53

Thanks!! Once I make my first $$$$$$$ I'll be the first to thank you all for helping a dumping like me get started :D
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