- Define products, target customers, and revenue plan before starting an e-shop
- Research market and competition thoroughly
- Choose logistics: own warehouse, dropshipping, or fulfillment services
- Select sales channels: custom e-shop, platforms like Shopify, marketplaces, or social media
- Decide business structure: self-employed or LLC with a Wholesale and Retail license
- Manage taxes and legalities with expert help, especially for regulated goods or EU sales
- Market through ads, influencers, or social media
- Develop a solid business plan detailing products, target audience, and profit strategy
- Explore different selling methods: own online store, online marketplaces, or social media
- Consider logistics options: own warehouse, dropshipping, or fulfillment services
- Ensure legal compliance with terms and conditions, GDPR, and return policies
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
