Re: Creating new account
Just don't use more information than is necessary when opening your accounts.
Speaking for ebay/paypal, when you create your paypal account don't give them your EIN right away, have it ready but wait until it's asked for, and that won't be for at least 5 months.
You need to very slowly build your accounts, and if your selling a high price high risk item , just make sure you do not start off selling that, you,will get suspended quick if sales are too high early on
The first 3 months of selling is crucial and you need to sell low priced low risk items , don't worry about making money the first 3-4 months, this period you should be selling auctions where the final values are between $5 - $15 items.
Ebay/paypal need to see that you can handle orders , ship,fast and get positive feedback
If you start off selling branded high priced high risk items you will not make it.
I'll usually create an account and list one item right away, something from,the dollar store , shipping supplies, anything that is just a couple dollars and unbranded
I like to get that first item sold right away. That gets the clock rolling for that 90 day probation period, sometimes I'll list 20 shipping labels, 7 day auction with a starting price of .99cents
After that is sold , I'll wait a few weeks to make another sale, and in this time u can browse or buy a couple items if u like, than the next month I'll sell the same type of items, never more than 10 for month 2 and 3
Than the 4 th month I'll still sell unbranded items and start to introduce my regular products, and at this time if operated correct you should see paypal holds lifted and eBay limits raised
Just go slow, whatever u did before is the past, you can not pick up where u left off, doing so will make u high risk and get u suspended
The most important info is the EIN especially if u already formed the corporation, so hold that back, if the account doesn't make it all other info,is much easier to get
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