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re: Better to form an LLC or keep it personal
Posted on 9/20/13 at 9:29 am to Richardheadtigah
Posted on 9/20/13 at 9:29 am to Richardheadtigah
just selling on ebay? no other website or storefront? do you use a personal paypal account or a business account?
more importantly: how much liability do your products pass on to you. in other words, can one be defective and injure someone? do you ever make a massive sell which could possibly cause significant financial harm to yourself if you had to eat the transaction for some reason?
more importantly: how much liability do your products pass on to you. in other words, can one be defective and injure someone? do you ever make a massive sell which could possibly cause significant financial harm to yourself if you had to eat the transaction for some reason?
1
Posted on 9/20/13 at 9:34 am to jcole4lsu
Originally I had 1 business paypal account that served my company website and my ebay store. I ended up getting a second business paypal account to seperate the two. I did this because I would sell other things on ebay and at the end of the year I was having to seperate the items I sold. My items don't have much liability at all and I couldn't harm myself if I had to eat a few transactions.
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