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name your business

Business name is always important as it gives you an identity in the market about what you want to sell. This will be the legal identity of your business. The name you choose should be simple and unique.

set domain name

You can also create a domain name i.e. website in the name of your business. It acts as a liaison between you and your customers. This is convenient because here customers can see your product directly and if they like your product then they can also buy it from here.

Identify and register the type of business

Before starting any business, you should decide which type of business suits you best. This will help you in doing business.

Employer Identification Number (EIN)

You cannot run an e-commerce business without a company bank account. You need Employer Identification Number (EIN) of the business to get a bank account. This number serves as identification. You use it to pay taxes for business.

get legal documents

Each country has its own rules and regulations that every citizen must follow. This is also one of the things that you need to start an e commerce business. If you do not do this, the government has the right to fine you or send you to jail.
4 months ago   0

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