Ok, so im really interested in starting an online business and I think i want to sell on Amazon. wow so many questions i want to ask so ill just make a list:
-What do I need in order to be able to purchase from a wholesale distributor? EIN and a Business license?
-What kind of business license is best suited for online sales? I believe I read somewhere that a sole proprietorship is taxed about 15% more than a LLC
-What are good products in your opinion to sell? I really like car audio I have a good amount of knowledge on the subject and i would assume the markup is quite substantial and would leave a nice profit margin? but i have no idea any help would be appreciated
-I guess I'm not really sure how the taxes work... are most things sold online subject to IOWA sales tax?
-I see lots of threads with ebay in the title.. is ebay more profitable than amazon?
-How do i get the best possible rates on shipping?
Any help would be greatly appreciated
If possible I would like to get in touch with someone via email just for support along the way if possible my email is [email protected]