Starting out with drop shipping first

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kevinco
Posts: 2
Joined: 07 Aug 06
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7 Aug 06 10:47:40 pm
After reading everything I can get my hands on about selling products online I have decided that I am going to start off by selling items on ebay through auctions using drop shipping. The only thing that I am still getting mixed responsed and research about is what license(s) I will need to do this. I live in California I mention that because I know it differs depending on the state. I am not at this time planning on setting up a website or buying bulk goods. To start off I am only going to do auctions with drop shippers until I get my feet wet. Any help with what I need to obtain first is greatly appreciated.

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tab10us
Posts: 230
Joined: 22 Jun 06
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8 Aug 06 04:10:44 am
you need nothing to sell on ebay unless you're selling a HUGE amount of items.

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ritchy
Posts: 46
Joined: 28 Sep 05
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8 Aug 06 05:52:00 am
^^Absolutely correct^^ Hope all goes well!!!!

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kevinco
Posts: 2
Joined: 07 Aug 06
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8 Aug 06 03:22:50 pm
thank you so much for your feedback, I did however find out that some of the suppliers require a Tax ID which I found out I can get for free and apply for over the internet

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tab10us
Posts: 230
Joined: 22 Jun 06
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8 Aug 06 03:32:41 pm
yeah very rarely though will a supplier request a tax ID

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shark
Posts: 18
Joined: 04 Aug 06
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9 Aug 06 05:34:53 am
hi guys, was just reading your post because I'm in the same boat, Live in Ontario, Canada and jut wanted to start off by auctioning items on ebay using a dropship source. But I found myself nose first into a brick wall when the supplier wanted a Tax id to register and a company name. Do you need to have a whole company set up first?
and what is a tax id and where was it that you could get one for free? thanks alot for the help

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jwilar
Posts: 1
Joined: 15 Nov 06
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3 Dec 06 06:31:40 am
I am a newbie. I live in new york, do anyone know where the official address to apply online?

thanks.

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uofaguy0507
Posts: 67
Joined: 04 Jul 06
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4 Dec 06 06:47:23 am
The following link from the irs.gov website has all the info you need to obtain your EIN (Employer Identification Number). I set mine under Sole member(Sole Proprietorship) and recieved my EIN within 48 hours thru email, and then they mail you a hard copy about a week later. Remember though, this number, which for simplicity sakes, acts as a SSN for a business for tax reporting purpouses.

Do not confuse this with a Resellers License. This is used my ACTUAL wholesalers for sales tax reporting. Also I would register your business with your respective state to get a Business License and a Resellers License in case you stumble across an actual wholesaler. These Licenses are obtainable for small fees (Usually 20-50 Depending on your state) There are companies that will do the work for you for about 110-150 bucks including making your company an LLC. However I have found doing the work myself more rewarding, and as a side note, I have found Barnes & Noble a great place to find all legal paperwork for about 10-20 which to me is worth it.

I am sure, however, that if you dug enough on the irs website you could find some stuff for free.

Hope this helps!

Here is the link:
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sewingqueen1000
Posts: 1
Joined: 05 Dec 06
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5 Dec 06 05:57:25 pm
Hi There, I am a complete Newby as well! I have sold privately on ebay but nothing else. I am in UK and want to sell items that would be dropshipped - any advice would be welcome! I already have a US TIN but not sure what else I need as although I am in UK I see USA as mu main market.
Has anyone got experience of shipping stuff from China?

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jimmy_huber
Posts: 2867
Joined: 11 Mar 10
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8 Dec 06 02:59:34 pm
Well one good thing is that most legitimate suppliers ask for tax ID. Very rarely are you gonna find a scammer site that will deter prospects with tax id requirements :D


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