Can someone please give me advice on how to and what I need in order to open an online retail store.
I have been doing a lot of research and salehoo staffs have been kind enough to help me and give links to numerous articles to read regarding sales tax ID, reseller license, etc...
But the more I read into it and the more articles I find online, I am now even more confused then when I first started.
There are so many different names for all the licenses, and sometimes even the same license is given different name in different states.
I don't know if all of the licenses and registering my business name is necessary when I am just starting my business. I have not made any income yet .
If someone could please answer my list of questions:
1. Do I need to register my fictitious business name if I open an online retail store either through Godaddy, Yahoo business, or ebay store?
2. Should I open a business bank account if I am just starting to sell on ebay or an online store? This will be my first time selling online so I am just kind of testing the waters to see where things go from here.
Will a personal bank account work for now?
3. What licenses do I need? Reseller, sales tax id, EIN, business license, business tax, sales and use tax license, etc. What's the differences between all of these licenses. Please don't link me to any articles. If you could explain it briefly that would be great.
4. If anyone ever imported from Asia, do I need a certificate of origins?
And any additional advices anyone may have would greatly be appreciated