50: How to Start Selling On Amazon FBA (Things You Need)
Manage episode 290428759 series 2867071
What do you need in place to start selling on Amazon?
Fisrt you must have a business entity. A company, We advise that you set up an LLC (Limited Liability Company)
This is important because having an LLC legally protects you and your personal assets from suspension or being taken to court.
The next thing you will need is a bank account. This may be obvious, but the account needs to be in the name of the company and share the same address and the company too.
It is important that you are consistent with your documentation so that there are no hiccups when it comes to getting verified by Amazon.
Attached to thank bank account you will want to get an international credit card.
This enables you to make payments to suppliers in China as well as to pay for Amazon's fees.
Again, it is wise that the card is in the companies name so that everything lines up when it comes to inputting your details into Amazon.
Setting up an Amazon Seller account should only be done after you have got a grip on product research and you have products on the horizon, ready to go!
Now there are other important things on this list that you need when setting up your Amazon account, so stick around until the end of the episode to hear all of the top tips.
It's only a short episode today, but it is still packed full of useful information!
Invest 10 minutes of your time to ensure you are taking the correct steps to get set up properly.
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