Hi!


tracyd1
Full Member
  • Posts: 4
  • Joined: 17 Apr 07
  • Karma:
19 Apr 07 11:54:20 pm
Hi everyone! My name is Tracy and I'm from New Hampshire. I have been doing much research to start an online business. There is WAY TOO much information out there! It is almost discouraging. I'm certainly not looking to get rich quick. I work full time in the accounting field and I'm looking to just make some extra money. I can't believe how TOTALLY CLUELESS I am. I don't even know if a domaine name is my company name.. do I get both?? Do I register as a business? Do I need a tax ID number?? And what about selling to states with sales tax??! OMG.... I have the motivation just don't know where to start, steps to take, and directions to go in.

I'm glad I found this site. Registering here was definitely a great start! I'm looking forward to getting to know you. Hopefully when you see a post from me, you don't think 'oh no.. it's Tracy AGAIN'. LOL. :D


haus1028
Full Member
  • Posts: 352
  • Joined: 10 Jan 07
  • Karma:
20 Apr 07 03:28:58 am
A domain name is www. your website .com
You only charge sales tax if you sell to someone from your state.
A tax ID helps with finding suppliers, you can go to Link hidden: Login to view for your EIN tax ID.

Here is a couple places to start.

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Also try buying from ebay. I buy an item on ebay for $39.99 and my supplier, that I buy from all the time, charges $69.99 for the same item. I sell the item ON EBAY for $139.99. This item only comes up on ebay every now and then so I have to watch for it. I don't know how they can sell it for so cheap but I don't care.

Check the stores in your home town. I was in Meijer and found beach towels for $2.50 a piece so I purchased all 100 of them and sold them for $9.99 a piece. The guy at Meijer even said that they pay more for them than I did. They were just clearing room for this years towels and had to get rid of them.

I just started selling in January of this year, so I don't know too much but I do remember what it was like starting out. (Watch for scams) if anything seems too good to be true it probably is. The sites I have listed, you can trust.


WEB STORE: Link hidden: Login to view
EBAY STORE: Link hidden: Login to view

jimmy_huber
Free Member
  • Posts: 2861
  • Joined: 11 Mar 10
  • Karma:
20 Apr 07 03:35:11 am
tracyd1

Welcome to Salehoo.

You found the best place to start. If you have any questions dont hesitate to ask questions. There are many people here that are willing to share information to help you in your business.


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tracyd1
Full Member
  • Posts: 4
  • Joined: 17 Apr 07
  • Karma:
21 Apr 07 12:22:37 am
Thanks both of you for replying. Trust me, I appreciate your welcoming me and your advice. Haus1028, I certainly appreciate the time you took to reply. YOU calmed me down a lot. I was getting so stressed out and really started doubting myself. Your advice and links certainly helped point me in the right direction!!

Thank you, thank you, thank you!!


mana2006
Full Member
  • Posts: 379
  • Joined: 06 Aug 06
  • Karma:
21 Apr 07 06:57:54 pm
Welcome to the club


acedmnd
Full Member
  • Posts: 1
  • Joined: 30 Apr 07
  • Karma:
16 May 07 08:46:25 pm
I cant seem to get a Tax ID I've looked on the IRS nada!? Everywhere else wants to charge upwards of 300$ :?


 

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