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  #1  
Old 05-26-2014
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Default One question to business people here

Hello,

I have one important question, i hope you can help me out:

People who bought an ebay and paypal account (or probably more), are those people focusing to sell just their old clothes, Hats, Chocolate or Drills? For me, who had a business account on ebay and paypal, who knows how to sell 50-100 items per day, know that ebay and paypal are going to ask me about business documents. But as i know, every seller on this forum sells only personal accounts. So how do you manage everything? With 10 Accounts? But a time will come where you have to verifiy your business, because you sell too many items. Do you give up your account at this point? If you think its too private, you can also send me a private message, i appreciate any response.
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  #2  
Old 05-26-2014
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Default Re: One question to business people here

You will reach a point when you can no longer sell as a individual on an ebay account if you sell to much.
So you would need to upgrade it to a business ebay account.
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Old 05-27-2014
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Default Re: One question to business people here

Hey bunneh,

Thanks for your answer. We had already a long conversation together, thanks that you take so much time for people who has some problems.

Well, i know that i'll reach that point someday. My question is to people from UK, but also from other EU countries, how did you get on? have you registered a company with the ⊗⊗⊗⊗ identity? I guess it isnt' just done by clicking on "upgrade to busineses account" on ebay, and they will never ask about required documents.
It helps me if i get some tips from other people how they managed the business thing on ebay/paypal successfully.

Thanks.
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Old 05-27-2014
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Default Re: One question to business people here

Quote:
I guess it isnt' just done by clicking on "upgrade to busineses account" on ebay, and they will never ask about required documents.

That's pretty much exactly how it is done.

Having a business ebay account does not automatically mean you have to be a PLC / LTD company.

Sole traders provide the same documentation as personal customers.

Don't exceed the VAT threshold in any given year and you will never be asked to provide VAT info. If you are going to sell more than that, operate more than one account.
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Default Re: One question to business people here

But its impossible to build an image if i have to change the accounts as soon i have reached the vat treshold.
how high is it btw in UK?
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Old 05-27-2014
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Default Re: One question to business people here

Quote:
Originally Posted by seraphita View Post
But its impossible to build an image if i have to change the accounts as soon i have reached the vat treshold.
how high is it btw in UK?
Currently, it's 81,000.
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Old 05-27-2014
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Default Re: One question to business people here

Quote:
Originally Posted by seraphita View Post
But its impossible to build an image if i have to change the accounts as soon i have reached the vat treshold.
how high is it btw in UK?
I was just offering one potential solution.
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Old 05-27-2014
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Default Re: One question to business people here

Quote:
Originally Posted by Ebayorbust View Post
I was just offering one potential solution.
The best solution!
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Old 05-27-2014
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Default Re: One question to business people here

Quote:
Originally Posted by seraphita View Post
Hello,

I have one important question, i hope you can help me out:

People who bought an ebay and paypal account (or probably more), are those people focusing to sell just their old clothes, Hats, Chocolate or Drills? For me, who had a business account on ebay and paypal, who knows how to sell 50-100 items per day, know that ebay and paypal are going to ask me about business documents. But as i know, every seller on this forum sells only personal accounts. So how do you manage everything? With 10 Accounts? But a time will come where you have to verifiy your business, because you sell too many items. Do you give up your account at this point? If you think its too private, you can also send me a private message, i appreciate any response.

You've kind of lost touch with the most important part of having successful stealth accounts.

You don't ever push the limits to those heights, just open more accounts.
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Old 05-28-2014
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Default Re: One question to business people here

Spread sales over as many accounts as you can handle correctly.
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Old 05-28-2014
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Default Re: One question to business people here

I think someone who is used to operating only one or two accounts looks at having multiple accounts and gets overwhelmed right away

This is something you need to build over time,, no overnight solution, as you grow u will learn how to operate more and more accounts efficiently and with ease, but yes going from one to 100 accounts overnight is not ideal
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Old 05-28-2014
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Default Re: One question to business people here

Quote:
Originally Posted by Dmshark25 View Post
I think someone who is used to operating only one or two accounts looks at having multiple accounts and gets overwhelmed right away

This is something you need to build over time,, no overnight solution, as you grow u will learn how to operate more and more accounts efficiently and with ease, but yes going from one to 100 accounts overnight is not ideal
I agree with this, but people also need to be open minded and have a long-term plan.

For me (someone extremely new to stealth, and also previously sold similar amount to the OP) the only thing overwhelming or scary is the fact that if I do not plan my sales for the 6 or 12 months in future. I may not have enough accounts/selling limits to take orders.
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Default Re: One question to business people here

That's why have at least one paypal that you setup with a business and get an EIN, that way you can go over the 200/20,000 limit, and just keep making more paypal stealth accounts in the meantime.

Eventually you will adjust and know how many paypal accounts will be ideal to have


Just seen your flag , my answer applies to the US, sorry
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Old 05-28-2014
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Default Re: One question to business people here

One advantage of spreading sales out over many accounts is that you wont hit limits so quickly...keeping low under the radar
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Old 05-28-2014
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Default Re: One question to business people here

Hi,

Well i decided to fight against ebay with my lawyer. I'll let you know asap about the results.
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Old 05-28-2014
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Default Re: One question to business people here

I have 100s of sellers accounts I rotate year around and do not get the tax request other then on my real accounts.

Spreading sales takes a lot of work and effort but after a while you will see it pay off for you.
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Old 05-29-2014
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Default Re: One question to business people here

To be honest, i dont want to use 10-15 Accounts. I think this is very tedious.
I have also an unique business idea , something which distinguishes me from the competition. It would not be special anymore if i use this idea with 10 accounts, because i want that people associate those features with my brand.
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Old 05-29-2014
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Default Re: One question to business people here

Quote:
Originally Posted by seraphita View Post
To be honest, i dont want to use 10-15 Accounts. I think this is very tedious.
If that's how you feel, have you considered operating your own website? I bought aspkin's Six Figure Boss today, and so far it's a great read.

Just another possible option for you.
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