Advice for NEW Business PayPal: Safe progression to $100k per month Revenue?
Hey guys,
As you may have seen from my other threads my UK PayPal got limited and I'm now opening a new legitimate business PayPal for my company in Hong Kong. It will be linked to a real business bank account and credit card, so I will have no issues verifying the account and submitting necessary documents. Previously, my business was making around $100k/month revenue through PayPal (dropshipping on eBay) making around $500 per day profit.
Now I'm trying to get back on my feet with a new PayPal, but wondering that what would be a safe progression from 0 to 100k per month in revenue? Do you think 6 months would be enough? I sell pretty low risk items with average price around $20.
Previously, I started with new eBay accounts so the progression was automatically slow due to eBay limits, but now I have many eBay accounts (in my name) with huge limits so in that sense I could sell a lot asap, but I'm sure it's not wise on a new PayPal.
Any advice would be much appreciated!
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