Thursday, June 30, 2022

Want To Start Your New E- Commerce Business !! 8 Quick Tips

 

     Online business startups are very hot on the market and very quick to startup. You can get started with little to no money depending on what business you are trying to start. Yes, there is a risk, in the beginning, you may even lose money do not give up!! Remember you are your business the more you invest into your business the better the outcome just at a higher risk.

     Some may be wondering, what is e-commerce. E-commerce is the process of buying and selling products by using various online services and platforms and over the internet. E-commerce businesses are ideal for those who want to make money from the comfort of their home!

     Starting a new business can be stressful and very intimidating. Once you get into the flow of running your business it shall be a smooth process. I am a business owner myself. I created my e-commerce hair company called Infinity Hair Company LLC. From my personal experience, the process was not as hard as I thought once I committed to starting my business and getting it up and running. It's very beneficial to be organized and have an idea as to what you want to create. Remember it's ok to ask for help as well as hire professional assistance. In this post, I will give you 8 tips to help you get started on your journey as a new e-commerce business owner good luck!! 

What is your Method?

  • DropShip
  • Buy Inventory
Step 1: Get A Business Plan 
  • BPlans.Com
  • Fiverr
  • Nerdwallet 
  • Online Search
Step 2: Find a Supplier
  • Research vendors 
  • Alibaba
  • Aliexpress
  • DHgate
  • Online Search
Step 3: Apply for LLC and EIN (Need help I can set it up for you personally)
  • LLC ( recommend using a PO Box address if you use your home address it will be public)
  • Both are needed to open a business bank account
  • Info is needed to register with the department of treasury
  • You will need this in order to purchase wholesale
Step 4: Apply for a Sales Tax License
  • Department of Treasury
Step 5: Buy Web Hosting
  • Get a business domain
Step 6: Get an E-Commerce Website ( Some website services may include a domain or have one available to purchase)
  • Fiverr
  • Shopify
  • Personal Web Designer
  • Wix
  • Online Search
Step 7: Set up a Merchant Account (Make sure if you have a web designer this info needs to be merged to your site to accept payment)
  • Paypal
  • Square
  • Stripe
  • Your personal business banking may offer 
Step 8: Get a PO BOX
  • Do not use your home address for safety and privacy reasons
  • Your business will be a public record once registered

 Side Note: Once your business has become public beware of the scammers!! They are non-government-affiliated organizations that will send notices in the mail requesting payments for things you do not need! 

Checkout my e-commerce business:

  • www.infinityhaircompanyllc.com



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