The economy is struggling and with it many private households. More and more of us have to fend for ourselves and start a small business, either full time or on the side. While I think this is a good thing, people learning to become more self-reliant, it does not make it any easier.
Ebay is one of those organizations that can turn you into an “accidental entrepreneur”. One day you are selling your household surplus of gadgets and the next you are ordering supplies to sell some more. While all this can be very rewarding, you need to realize that now you are running a business.
You have to stay of the right side of the law, make sure you report your income and pay taxes on the profits. This is where eBay sellers often get into trouble. Ebay sellers are not dishonest, it is just that the transition, from selling your unwanted bits and pieces, to becoming a full online trading business can be difficult to spot. Especially if you never had a business before.
That is where WinWeb’s Ebay Solution comes in, you can import all your Ebay sales, record your outgoings & costs, upload all your PayPal payments (in and out) into a simple online cashbook application, to save you all the hassle. This will help you not only to stay on the right side of the law, but keep you on track for business success.
Add to this awebsite for Ebay retailers and you can drive even more traffic from the internet to your Ebay shop, over time this could turn into a full online shop, turning your Ebay shop into a concession branch shop.
If you’d like to learn more about running a business and find a mentor who will help you to get it right from the start – why not join the Institute for Enterprise and Entrepreneurs (IoEE) – send your first update and say something like this, “Hey everyone, I’m thinking about starting a business, anyone got some advice?” Then sit back and see what happens.
“The possibilities for the future are endless”, as they say!