Business license?

Full Member
chanman
Posts: 6
Joined: 09 Mar 07
Karma: 
12 Mar 07 12:26:29 am
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:

Full Member
haus1028
Posts: 352
Joined: 10 Jan 07
Karma: 
12 Mar 07 04:04:32 am
You don't have to get your EIN but it helps.


WEB STORE: Link hidden: Login to view
EBAY STORE: Link hidden: Login to view
Free Member
jimmy_huber
Posts: 2867
Joined: 11 Mar 10
Karma: 
12 Mar 07 04:40:30 am
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


Link hidden: Login to view by SaleHoo
Full Member
chanman
Posts: 6
Joined: 09 Mar 07
Karma: 
12 Mar 07 10:53:04 pm
Thanks!! Once I make my first $$$$$$$ I'll be the first to thank you all for helping a dumping like me get started :D

Wait! Want Some FREE Supplier Details?

Discover four of the most profitable niches on eBay and get details for the best suppliers for these niches. Enter your details below and we will send them instantly.

Thanks! Please check your email inbox.

Your list of profitable markets and supplier details are on their way to your email inbox.
Be sure to add support@salehoo.com to your safelist to ensure we can deliver the free suppliers details to you.

If you haven't received an email from us in 5 minutes, please check your spam folder or email us at support@salehoo.com.