Re: In the proccess of creating a stealth account-question Quote:
Originally Posted by Retailer77 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 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 |