Monday, February 18, 2013

Business UK! Selling products online...? -

I want to start up a business that imports products from china and sells them online. I have already found a supplier and I am going to sell around 6 items on the site (max of 10). Instead of having a lot of products im decided to stick to a small amount of affordable everyday items to be sold to a mass market. I will have an online shop and open an ebay shop too.Could I do this business as a sole trader?What laws effect this business?Are there any laws or anything i should know about from importing goods from china to sell?

Hello CliffYou can run your business as a sole trader, which makes you personally liable for everything that happens in your company. It may be worth thinking about setting up a limited company. It doesn t cost a lot - under ��100 - and gives you more protection.As Grandad Jim says, you need to notify HMRC within 3 months of setting up.Think carefully about the terms and conditions of your supplier in China. What s the minimum quantity they supply - usually it s a container load? How and when do you have to pay them - this affects your cashflow? What happens if there s any faulty merchandise? What s the order lead time? If you re running low on stocks, how quickly can you restock?Business Link is definitely worth talking to. They have a lot of free information on imports and exports and usually have an advisor who specialises in it. The UK Trade and Investment people are helpful, too.Good luck!Rosemary

well, if your laws are similar to the U.S., you ll need to:Register your business locally, so that the government knows who you are and where you are, even if you are working from home.Register your business with all levels of government for tax purposes.Prepare yourself for any possible zoning rules. If you are receiving shipments from a big truck every other day, your neighbors WILL eventually complain.You will have to pay duties and various other import taxes on the goods , for every shipment. In the U.S., this tarriff is quite low from china. Not sure why though. Everyone kisses china s a.s.s.Finally, you ll have to keep quite detailed records of inventory, sales, purchases, expenses,... the usual accounting stuff, and your taxes will be due every 90 days, not just yearly as it is with income taxes with a wage.Again, this is how it is in U.S., but i m sure it s similar there.

I import goods from Ireland. Firstly you have to register with Inland Revenue for tax and NI purposes. Where will you be storing your goods? You do need to think about that, I had a lockup backing on to rail lines and I lost some stock to rats. If you are using your home to run your business from, you may have to talk to the planning dep t.at your local council.You can get help from Business Link (www.businesslink.gov.uk) I have found them very helpfulHope this helps - good luck.

Net trade is legal , you wholesale products from China website in very low prices ,and resale to others peoples.many people do this business.

Its obvious why Levis were popular with the miners. But what makes Levis so popular with young people today? -

Do you like wear Levi s? Why or why not?

because they re cheap, and they go with anything.

Miners and young people don t wear the same style of jeans.Levi has a strong brand which can get them into a variety of different style stores. Having their jeans in the popular stores sells them. I think when a lot of people get into a store with a bunch of mixed labels, they are looking more at the style then they are the brand.

They last forever, comfort, can y say the price is what it used to be but the quality is good!

Can I use a name thats already been used? -

I want to use the name Dolly Girl for a clothing online store... but the name has been already used for an Anna Sui fragrance. Is it illegal to use it for my shop, or is it okay since its a different kind?

Generally, it s okay as it s a different type of merchandise, and there s little danger that people can t tell the difference between a fragrance vs. a clothing store. It s when you try to make stuff look-alike and in the same type of merchandise that things starts to get nasty.

This is a great way to be put out of business real fast. There was a very small pet supply company, ran owned by 2 women, who created pet toys. They named one of their chew toys Louie Chewton. The people at Louie Vaton were not amused and brought a law suit against them. The legal battle alone can run into the millions. Even if you win, you still lose unless you have very deep pockets.

the only way to know for sure is when you get your business lic

What are the benefits of hiring a bouncy castle to customers? -

It gives them an incentive to come in. Just make sure you have someone responsible to help with the children. Potential, with injury, law suit.

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