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  #23  
Old 02-10-2016
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Default Re: In the proccess of creating a stealth account-question

Hun, dont repeat questions.... i am avidly reading all your posts!

Hey, you did it and activated the subscription.

Here is our juicy area to look over too

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  #24  
Old 02-10-2016
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Default Re: In the proccess of creating a stealth account-question

Quote:
Originally Posted by Retailer77 View Post
Thnx again greenbean.

This will be the last of my questions, if you have time to answer them, if not its cool. Thnx

1)Why exactly is it not recommended to start with a business account for paypal and ebay and instead start with personal then later switch both to business?
can be an issue of burning good info because an account runs into problems. It is like feeding all your good sruff and having nothing in reserve. Can be counterproductive.
Quote:
2) I do SELL smartphones and tablets..thats pretty much my entire inventory..soo I guess the smartest way to break back into that space would be to not sell anything high risk for the first 90 days and then start implementing phones/tablets slowly after 90 days in increments of 3-4k monthly?
For sure you start off slowly, very slowly. For me, I would look at what my feedback was and then slowly increase. Your aim should be to be selling on a good account by the end of US summer.
Quote:
The reason I really liked the idea of starting with a business account was because I could just put the name of the business down when I start the account instead of personal info like made up names which might be hard to provide if asked verification of identity?

Thnx
the business name could work. But you do not need to add the trimmings of EIN etc.
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  #25  
Old 02-10-2016
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Default Re: In the proccess of creating a stealth account-question

PO box addresses are not a great option any more along with strip malls and apartment buildings. You will run into many more 0-0 selling limits with them NOW. A year ago was a different story.

So, I recommend an empty house and ADDING the PO box address for your return address. It saves wasting time with the low quality addresses for account creation.
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  #26  
Old 02-10-2016
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Default Re: In the proccess of creating a stealth account-question

Quote:
Originally Posted by Retailer77 View Post
1)Why exactly is it not recommended to start with a business account for paypal and ebay and instead start with personal then later switch both to business?

The reason I really liked the idea of starting with a business account was because I could just put the name of the business down when I start the account instead of personal info like made up names which might be hard to provide if asked verification of identity?
A goal early on is to look like an ebay/pp newbie just getting their feet wet with online selling... if you come out of the gates as a business chances are higher they'll question & demand more information from you, not to mention you might screw up and burn all that legit information-- the first 6 months are the most volatile for an account.

I personally like to get my accounts converted to business with EIN shortly after the 1st sale- 90 day mark (the first milestone for a new account), BEFORE pp requests.... personal preference, never had a problem for the 3 accounts I've done it on so far-- but primarily what I sell is medium risk at worst so I've never been very scared of getting hassled at the 8-12k mark yankee was talking about.

Quote:
Originally Posted by Retailer77 View Post
2) I do SELL smartphones and tablets..thats pretty much my entire inventory..soo I guess the smartest way to break back into that space would be to not sell anything high risk for the first 90 days and then start implementing phones/tablets slowly after 90 days in increments of 3-4k monthly?
Yup your 90 day plan is the way to go (I think you'll be fine selling a smartphone/tablet HERE and THERE first 90 days, very sparingly). After 90 days you're planning too go to fast IMO, you should still play it slowish (1-2k sales increase monthly) for the next 90 days until you pass 6 months, THEN you can start looking to go for 3-4k monthly increases.

The conservative numbers I've read to increase sales by over the 6 month period are: ($500 + $500 + $500 + $1k + $2k + $3k)

And finally a tip for starting address, go to trula and look for a nice house that's for sell
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  #27  
Old 02-11-2016
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Default Re: In the proccess of creating a stealth account-question

Quote:
Originally Posted by phaz0rz View Post
This is not the case at all. Read my response in the other thread.

They will request a tax ID from you 2 times before limiting your account. As long as you provide your EIN before they limit your account you will be fine. Even if you go past the 2 requests and get your account limited, you can still easily upgrade to a business account by calling paypal and having them manually enter your EIN.
Thank you very much for the clarification
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Old 03-10-2016
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Default Re: In the proccess of creating a stealth account-question

Question related to this tread, hopefully It can be answer here and I have understood what you guys are talking about.

When creating a Business Account I can start with using different name, new address, new ip address, new phone number, but as soon as I upgrade to a business account that is when I enter my legit business information and EIN, is that correct? What about all the ⊗⊗⊗⊗ details, will those be linked to the new business account or at that point all that matters is my business name to match my EIN?

Thank You in advance.
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