Working Through the Checklist

     

Confused yet? Then use the following checklist to help you pull everything together for your new eBay business:

Business Startup Checklist

Choose a legal structure for your business (sole proprietorship, partnership, or corporation)

Register your business with local authorities

Obtain any necessary business permits or licenses

Obtain a tax license and number

Arrange to collect sales tax on all in-state sales, if appropriate in your state

Arrange for quarterly income tax payments

Arrange to withhold and pay any necessary employee taxes

Set up a business checking account

Obtain health and disability insurance