Individual or Business
I have opened an amazon seller account. Is it better to sell individually or as a business. Currently its setup as individual. I want to do only business, can i rely on this and what products can be sold.
Individual or Business
I have opened an amazon seller account. Is it better to sell individually or as a business. Currently its setup as individual. I want to do only business, can i rely on this and what products can be sold.
3 replies
Seller_ZJhFeE3tNKzfh
By Individual vs Business, I am assuming you are referring to the account type, not the selling plan.
If you have registered as an Individual Account, this only allows you to sell of your own, second hand goods.
If you wish to sell new items for profit - you need to change to a Business Account.
I'm unsure what you mean by 'can i rely on this and what products can be sold'
Seller_ZVAz3d5lZuGid
As above reply, if you are going to buy (or make) goods to sell on for profit you need an Amazon BUSINESS Seller Account (and note, that is not same as professional), and MUST by law be registered with HMRC as self-employed, probably sole trader.
To clarify, there are two types of seller account (the legal entity): BUSINESS and INDIVIDUAL, and two selling plans: professional (pay £30 a month fee) and individual - no monthly fee, but pay an extra small 90p fee per sale
Ezra_Amazon
Thanks @Seller_ZJhFeE3tNKzfh and @Seller_ZVAz3d5lZuGid for your helpful replies.
Just wanted to share the Selling plans help page with you @Seller_1Bgle9Q6soFvV.
Cheers, Ezra
