eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home

eBay Suspended & PayPal Limited Forums

eBay Suspended & PayPal Limited Forums (https://www.aspkin.com/forums/)
-   UK eBay & Paypal (https://www.aspkin.com/forums/uk-ebay-paypal/)
-   -   Advice for starting out (https://www.aspkin.com/forums/uk-ebay-paypal/33567-advice-starting-out.html)

teenageebayer 07-04-2011 09:16 AM

Advice for starting out
 
Ok, so i am going to finally start out properly with new bank account etc. But my main question is, when starting out is it best to register as a business or private? I will be selling like 10 of a few items and dont play to make allot. So which has the least chance of suspension? And what are the selling limits for private accounts? Thanks

teenageebayer 07-04-2011 12:56 PM

Quote:

Originally Posted by Alps_a somewhatlegend (Post 246334)
Hi. Alps here. I rekon as you are only selling little quantity go for private - depends on the price of items.

You do know that more than likely on your new private account you will have a monthly selling limit of probably 10 items / a certain £ worh a month (cant rememer).
Sometimes on business ones you get a higher limit of 100 item / more £

I know many will recommend the buisness account for many valid reasons - but.... I am a small seller, mainly for pocket money, dog food and some smoke so on my accounts I am mostly private and I have had no probs.

Also you will prob have a yearly receiving limit of £1900, so if you are selling expensive things, you will have to look into this.

Lets see what others have to say and you can make up your mind from there.

Ok thanks, dont plan on selling too much to begin with but would like it to grow. So are there any downsides to setting it up as a business account (bear in mind i am quite young)? Thanks

unkown5454 07-04-2011 01:48 PM

Time is money.

teenageebayer 07-04-2011 01:50 PM

Quote:

Originally Posted by unkown5454 (Post 246373)
Time is money.

wow cryptic, Care to expand :D

GrannyT 07-04-2011 02:06 PM

The benefit of years is that you have knowledge - the downside is that you don't have the years left to utilise it.

Without doubt the young know how to spend money - but its the old who know how to earn it. I would give up every thing I am worth - and it's not a small amount - just to be 25 or 30 again LOL:D

Ho-Hum - the story of everyone in the world LOL:D

teenageebayer 07-04-2011 04:18 PM

Quote:

Originally Posted by GrannyT (Post 246396)
If I didn't make £5K a month net I wouldn't bother LOL:D

Wow that's quite allot, my uncle runs his business off eBay and his website and does quite well for himself :)

unkown5454 07-04-2011 11:49 PM

You have much more time to learn than the rest of us who didn't start so early.

And as GT stated, to be your age and have the experience and knowledge we have now, well, it would certainly be an advantage in life.

expiredpeanutbutter 07-05-2011 12:07 AM

well why don't you ask your uncle instead of us? he has a lot of experience in life and ebay he can tutor you

Cassie 07-05-2011 02:50 AM

enjoy your breakfast....

teenageebayer 07-05-2011 02:55 AM

Quote:

Originally Posted by expiredpeanutbutter (Post 246496)
well why don't you ask your uncle instead of us? he has a lot of experience in life and ebay he can tutor you

Because he doesn't have any experience of being suspended or how to avoid it.

isitworththestress 07-05-2011 05:29 AM

Just open up a lot of small private accounts, as the amounts you are selling are not enough to give you any benefits or keep you safe from the ebay regulations.

You need to be able to move through accounts as if you are different people to survive such small amounts, as you can be removed by anyone who has the urge.

If later you do grow and are able to sell more stock, then your main account will have been built up enough and be able to sell enough to grow in the way you want.

rsot 07-05-2011 07:53 AM

Very lively UK discussion going on.

GrannyT 07-05-2011 08:51 AM

You know how it is Lumberjack - us Brits can natter for hours
:pop2:


All times are GMT -5. The time now is 10:11 AM.

vBulletin® Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Ad Management by RedTyger


All times are GMT -5. The time now is 10:11 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Rotating Residential Proxies? Head to IPBurger for Residential Proxies
vBulletin® Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Ad Management by RedTyger