Wholesale & eBay Forum Importing & Customs Question on getting a business license

Question on getting a business license


chanman
Full Member
  • 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:


haus1028
Full Member
  • 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.


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jimmy_huber
Free Member
  • 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


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chanman
Full Member
  • 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


 

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