Question

How do I start an ecommerce retail website?

I love junior womens clothing. I was thinking of buying womens clothing from wholesales in order to achieve a certain look and audience. Can someone tell me in detail how do i get started? Im not very concerned about money right now i just need to know what licenses and legal things i need to do in order to start. Any other info would help too please

1 year ago - 2 answers

Best Answer

Chosen by Asker

my peers are correct for starting a fixed site biz. Almost none of it is related to an e-commerce site.

#1 is not writing a biz plan. #1 is doing market research to assure you that an UNMET need
exists for what you want to do, and you will be SIGNIFICANTLY different from everyone else.
AFTER you do the MR and if you DO discover a LARGE unmet need, THEN and only
then, write your biz plan.

Step 1: Writing a Business Plan
This written guide will help you map out how you will start and run your business successfully. Go to sba.gov/smallbusinessplanner/plan... , www.bplans.com/ or www.score.org/template_gallery.ht... for instructions on how to write a business plan and sample business plans.

Step 2: Get Business Assistance and Training
Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business. Go to www.score.org/mentors and enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a volunteer SCORE mentor. They will guide you through the process and you can meet with them as many times as you need.
---I was a score adviser and a DECA judge

Step 3: Choose a Business Location
--this is the problem when a novice answers a question like yours; you are not seeking a fixed site.

Step 4: Finance Your Business
Find government backed loans, venture capital and research grants to help you get started. Any bank will require a business plan that shows that you can pay back the loan. You should have a credit score of at least 700. You will personally have to put up 30% of the funds as no bank is going to assume all of the risk. If you cannot get a loan, look at peer to peer lending sites such as www.kickstarter.com/ and www.prosper.com/
---there are no research grants for any web site and no VC for 99% of them.
In fact, your operation costs should be close to zero if you use drop shipping. [having the
manufacturer /wholesaler deliver direct for you.]

Step 5: Determine the Legal Structure of Your Business
Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative. If you decide to become an LLC, you can do it yourself by going to your state's website and then to the Secretary of the State section. There you will find a downloadable form. Fill it out and mail it in, together with the filing fee and in about a week, you will be an LLC.
----not applicable if you are just you--you are automatically a proprietorship. THIS can be changed
if you see 6 consecutive months of $2,000 a mo NET PROFIT--very very difficult to reach.

Step 6: Register a Business Name ("Doing Business As")
Register your business name with your state government. Go to your state's website and then to the Secretary of the State section.
---There is no way to register an on-line business except with a domain firm.
YOUR place of business is ON LINE not out of your home.

Step 7: Get a Tax Identification Number
Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency. www.irs.gov/businesses/small/arti...
---Many states now want to tax your sales; absurd--since the purpose of sales taxes is to pay for
police and fire dept and an on-line business already pays for that out of their day to day living expenses
purchases.
----NO tax number is needed UNLESS a distributor demands you change sales taxes--not likely.

Step 8: Register for State and Local Taxes
Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.
SAME as above--not needed in 95% of all cases. IF you do not charge sales taxes, you do not
need to collect them.

Step 9: Obtain Business Licenses and Permits
Get a list of federal, state and local licenses and permits required for your business. Your local Chamber of Commerce and SCORE mentor can help.
---there are no permits and licenses for on-line businesses YET; some states are trying to create them.
but how will they know if you are operating? They are [in 99% of all cases] only interested in fixed site businesses.

Step 10: Understand Employer Responsibilities
Learn the legal steps you need to take to hire employees. www.irs.gov/businesses/small/arti...
--no concern if you run the company yourself

Step 11: Understand your environmental, health and safety obligations.
Ensure that your business meets EHS (environmental, health and safety) regulations.
www.osha.gov/dcsp/compliance_assi...
---not applicable at all

luck to you
can guide further
[i taught biz in college for 42 yrs]

1 year ago

Other Answers

In the US, starting a business involves planning, making key financial decisions and completing a series of legal activities

Step 1: Writing a Business Plan
This written guide will help you map out how you will start and run your business successfully. Go to sba.gov/smallbusinessplanner/plan/w... , www.bplans.com/ or www.score.org/template_gallery.html... for instructions on how to write a business plan and sample business plans.

Step 2: Get Business Assistance and Training
Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business. Go to www.score.org/mentors and enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a volunteer SCORE mentor. They will guide you through the process and you can meet with them as many times as you need.

Step 3: Choose a Business Location
Get advice from a commercial real estate agent and a SCORE mentor on how to select a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business
Find government backed loans, venture capital and research grants to help you get started. Any bank will require a business plan that shows that you can pay back the loan. You should have a credit score of at least 700. You will personally have to put up 30% of the funds as no bank is going to assume all of the risk. If you cannot get a loan, look at peer to peer lending sites such as www.kickstarter.com/ and www.prosper.com/

Step 5: Determine the Legal Structure of Your Business
Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative. If you decide to become an LLC, you can do it yourself by going to your state's website and then to the Secretary of the State section. There you will find a downloadable form. Fill it out and mail it in, together with the filing fee and in about a week, you will be an LLC.

Step 6: Register a Business Name ("Doing Business As")
Register your business name with your state government. Go to your state's website and then to the Secretary of the State section.

Step 7: Get a Tax Identification Number
Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency. www.irs.gov/businesses/small/articl...

Step 8: Register for State and Local Taxes
Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.

Step 9: Obtain Business Licenses and Permits
Get a list of federal, state and local licenses and permits required for your business. Your local Chamber of Commerce and SCORE mentor can help.

Step 10: Understand Employer Responsibilities
Learn the legal steps you need to take to hire employees. www.irs.gov/businesses/small/articl...

Step 11: Understand your environmental, health and safety obligations.
Ensure that your business meets EHS (environmental, health and safety) regulations.
www.osha.gov/dcsp/compliance_assist...

by Henry - 1 year ago