If you want to begin a successful company, you need a brand that links to your character. Identifying your person makes it simpler to build an eCommerce brand. You may avoid girlish colors and images if you sell products to businesswomen interested in living a sustainable life. But before you set up your store and build a brand – you’ll need to take these 8 steps to set up your e-commerce and brand.
8 Steps to set up your e-commerce and brand:
Step 1: Enter your business.
Choose your business name and register your company. There are legal protections and tax benefits to incorporate, so don’t skip it. Here are one of the 8 steps to set up your e-commerce and brand.
Step 2: Choose the name of your store
The name of your site and the legal name of your business need not be identical, but it has its advantages to keep them consistent. Make sure that whatever you choose fits your niche –at the last minute you don’t want to select a brand name.
Step 3: Get Your Business Licenses
If you’re not acquainted with this method, the Government of Malaysia’s has plenty of resources to assist you to get started, including a mentor-protection network and small business basics classes. Look actively for mentors–their advice can be priceless, even for small stuff like obtaining company permits. One of the smartest choices I’ve ever made was to find someone who could demonstrate the ropes.
Step 4: Get your Employer Identification Number
You’ll need an Employer Identification Number (EIN) to open a business bank account and file your business taxes next April, even if you don’t plan to have any staff. Your EIN is a bit like the social security number of your company: it is a distinctive number that defines your company and enables you to file significant documentation.
Step 5: Apply for company licenses and permits
Operating an online store does not exclude you from the need for certain company licenses and permits. Check with your town, county, and state to see what kinds of sales tax permits or home business permits you to need and get those authorized before you begin working.
Step 6: Find the Right Vendors
You will have a lot of competition selling goods online, so finding the highest quality and best rates for the goods you sell or the equipment you use to produce your goods is in your best interest. Shop around until you discover a long-term seller you want to do company–this involves your e-commerce software (your “shopping cart”).
Step 7: Logo Creation
Don’t worry too much about it, but make sure another company doesn’t use it in your niche. However, a logo design doesn’t have to be original (and really shouldn’t).
Step 8: Get Visual
Consider your brand’s colors, the images you’re going to use, and the types of fonts you’re going to closely use. If you have the budget, you might want to employ a marketing company to produce a short design for your business. If not, you could build your own. Just keep it consistent and read marketing tips to assist increase your brand.
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