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In most states, you can form your company as a sole proprietorship just by registering your business name. Registering your business name can cost you $30 or less.

Most genuine wholesale distributors require you to have a sales tax license. You can obtain your sales tax license, (sales tax license) for as little as $8. In some states including California, Massachusetts and a few others, it's free. New Hampshire, Oregon, Alaska, Delaware and Montana do not need sales tax licenses to buy and sell products. Business name regestration is sufficient. 

You can register your domain name www.you.com, for $10 per year or less, with web hosting plans starting at $10 per month from companies such as www.godaddy.com . Other web host providers offer professional services which can range anywhere from $10 to $40 per month with full featured shopping cart included.

You can also purchase web hosting from Gatorhosting.com for $6.95 per month with state of the art shopping cart

You can obtain your own merchant account and accept credit cards online for free with PayPal  www.paypal.com.

Building an online “super e-store” (selling all types of products) can be accomplished in less than a month while building an e-store focused on a niche market such as digital cameras, printers, jewelry etc, can be completed within one week using tools such as Microsoft FrontPage. Or you can also save time in design by downloading a professional web site template from TemplateMonster.com which offers many Internet storefront designs.

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I don’t know anything about products. How do I learn?

Don’t be intimidated by selling any products. When you decide what products you are going to sell, just start reading about them.

For example: You decide to open up an e-store that sells digital cameras. All digital cameras work the same. So every time you build a product specification page on your website just simply skim over the information to get a better idea of the extra functions and features of that camera.

Who will provide customer support?

You can handle customer support as much as you would like. With computer products, who provides the best technical support for Microsoft products? That’s right, Microsoft. For hi-tech products, we’ll show you how to kindly send your customers directly to the manufacturer technical support team for trouble shooting. Your customers will thank you for it later. For products such as clothing, jewelry, books, DVD's etc you can easily handle all of the customer and sales support questions.

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Do I need to open up a business bank account?

Yes and no. You can have the merchant account provider deposit the funds directly into your own personal bank account. However, there will be times when businesses may want to pay with a company check. They will be expecting to write out the check to your company name and not your personal name. So in this case it would be best and more professional if you open a business account.

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Does eStorefront Guide provide the web site?

No, we do not build the web site for you. Instead, we show you how to quickly and easily build your own internet storefront with easy to use software such as FrontPage, Dreamweaver, ColdFusion.

However, i-Tech WebDesigns can build the site for you at an affordable cost. i-Tech WebDesigns features:

• Complete database driven shopping cart

• Unlimited products

• Easy site / catalog navigation

• A unique front-end design

• 'Best Sellers', 'Specials', 'Upcoming Products'

• Displays Member Product Reviews

• Critical data is encrypted

• Easy to use administration page offers complete control of your catalog and processing of orders using Secure Socket Layer (SSL) functionality of your web browser,

• And much more...

Their hosting provider gives clients a unique advantage that saves you money in hosting costs:

>UN-METERED traffic,
>UN-METERED POP3 mailboxes,
>UNLIMITED e-mail addresses,
>UNLIMITED mailing lists,
>125 Megabytes of disk space plus more if needed for FREE!

Get your online storefront up and running FAST with i-tech web designs! Visit i-Tech WebDesigns www.itechwebdesigns.com

You can also obtain hosting with HostGator.com for $10 per month with includes a professional shopping cart and you can download a professional website template from TemplateMonster.com. for $35 and now you will have your own professional estore instantly!

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How do I build an Internet storefront?

Building an Internet storefront is easier than you think. You only have to make the main design “one time”. Then use that template over and over again through out your whole site to stay consistent.

Forget about html, psp, asp, xml etc. You don't have to know any kind of html code or use any high-tech software. Microsoft FrontPage, Macromedia Dreamweaver or any low priced web building software will do just fine. Once you have the software manual in your hand, simple open it up, skim through it and follow the tutorials.  

Once you build your first specification page, the rest of the pages will be easy to duplicate within minutes because now you'll have a master template.

In our eStorefront Guide section we show you how to make a clean yet simple web site which will download quickly. That's the real key to all successful e-stores on the internet today. Don’t be intimidated of building your own site. We'll help you every step of the way.

And again, you can have iTechWeb Designs build the site for you or you can obtain hosting with HostGator.com for $10 per month with includes a professional shopping cart and you can download a professional website template from TemplateMonster.com. for $35 and now you will have your own professional Internet Storefront.

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How will I promote and advertise my e-store?

Inside the IeStorefront Guide, we provide the most effective step-by-step marketing action plans, including; a search engine positioning super-course.

“How to” guides on link popularity and link swapping campaigns, e-mail marketing campaigns, discussion forum marketing, ezine newsletter marketing and publishing, press release marketing and effective banner advertising. We provide all the tools you need to help get you off to a fast and profitable start.

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Can I set my own prices on the products?

You decide what price you want to sell the products at. As a basic guideline, you can mark up the products 10% to 30% of the price that you are purchasing the product from the distributor.

With specialty products you could mark up the price as much as 40% or more. In general, the higher the price of the product, the bigger your profits will be.

“Do not” look at this business venture as just earning a 10% profit margin on just one product. Instead look at it as earning 10% or more on your total daily sales. For example: It is very easy to produce $5,000 in high cost products such as computer product sales or jewelry sales on a daily basis in your first few months.

>10% of $5,000. = $500. net profit per day.
>$500 x 5 business days per week = $2,500 per week net profit.
>$2,500 per week x 4 weeks = $10,000 per month net profit.

Your e-store will be open 24 hours, 7 days per week allowing you to take more orders on Saturdays, Sundays and even while you sleep.

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You can easily list these products on E-bay. Once the product has sold, you can have the distributor drop-ship the product directly to your customer.

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Many of our partner distributors provide many flexible payments options:

 

IM Credit Departments: Qualified resellers can sign up to receive payment terms of prepay, COD and net terms.

Credit Card: Resellers may also place orders by using personal or company credit cards (Discover Card, MasterCard and Visa). (This is the most fastest and most convenient form of payment).

EFT: Many distributors especially computer product distributors offer the Electronic Funds Transfer (EFT) program which withdraws funds automatically from participating resellers' designated checking accounts within 10 business days. By then your merchant account will already have deposited your customers funds into your bank account. Using the EFT program allows you to use the moneys from your sales instead of using your own money.

Financial Services Company: Many distributors are able to offer a variety of useful financing options for eligible resellers. IFSC programs currently available include:

• Leasing
• Lending
• End-User Financing
• Credit Card Services
• HR Solutions
• Purchase Order Financing
• Dun & Bradstreet Exclusive Offer

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For example: You sell a product today to your customer. Your customer pays you with their credit card. Your merchant account will deposit those credit card funds into your bank account within 48 hours. Deduct what the product costs at wholesale and separate the profits.

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