Hello all,
I have a question about Amazon seller accounts and small businesses. First time small business owner, so any help would be appreciated.
I'm currently working on a project and it's almost ready to go. I'd really like to start it as a sole proprietorship and, you know... start actually making money. I'd like to put my products on Amazon using a seller's account. This would be relatively easy for me right now; as far as I can tell, sole proprietorships are a lot easier to start and maintain than a corporation, and I'm kind of low on money at the moment.
But what happens if I want to incorporate further down the road? To change from a sole proprietorship to something like an LLC? Would it be possible to change the "owner" of the Amazon seller account to my new company? After all, it would still be the same everything--same products, etc--but the business itself would have changed.
If it's not possible, I think perhaps I'll have to just bite the bullet and incorporate from the start. I'm just worried that would end up costing me a lot more right now, especially as I'm going to be moving to a different state in a few months.
Anybody know about this? As I said above, any help would be appreciated.
I have a question about Amazon seller accounts and small businesses. First time small business owner, so any help would be appreciated.
I'm currently working on a project and it's almost ready to go. I'd really like to start it as a sole proprietorship and, you know... start actually making money. I'd like to put my products on Amazon using a seller's account. This would be relatively easy for me right now; as far as I can tell, sole proprietorships are a lot easier to start and maintain than a corporation, and I'm kind of low on money at the moment.
But what happens if I want to incorporate further down the road? To change from a sole proprietorship to something like an LLC? Would it be possible to change the "owner" of the Amazon seller account to my new company? After all, it would still be the same everything--same products, etc--but the business itself would have changed.
If it's not possible, I think perhaps I'll have to just bite the bullet and incorporate from the start. I'm just worried that would end up costing me a lot more right now, especially as I'm going to be moving to a different state in a few months.
Anybody know about this? As I said above, any help would be appreciated.
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