DB Marketing and Finance
Written by on 08/29/2016
For the eBay store, I’d step back and try to get a picture of what it might look like over the next six months. Do you have a steady supply of things to sell? How much time and money do you need to invest to get a steady supply? What are your other costs , packaging, postage, etc? How many hours are you spending? Are you accumulating any unsold goods?
See if you can project out how much of a profit you might make and how it looks as hourly wage or monthly salary.
IMHO eBay selling is a lot like what DR said about real estate – you make your money at the time you *buy*. And like any retail ,to make a decent amount of money you either need a large, automated flow of small things, or a smaller but steady flow of expensive things.
And one more thing – if you get this up to be a steady business, think about taxes. Your State May Vary, and I’ve seen wildly different information in online articles (they can’t ALL be right).
(disclaimer: I am employed by a division of eBay, but not anything directly connected to the Marketplace, and I’m only speaking for myself) ))))
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