PLM 231 : Do You Need A Business To Sell Online?

In this episode of #Askstefan, Stefan answers the question "Do you need a business license to start selling full-time online?" The answer is no, as anyone can start selling online as a sole proprietor. In most countries, you're not required to set up an LLC or a corporation to start selling online. Instead, as a sole proprietor, you are operating under your own personal name. That means that all money that you earn online will be deposited into your own personal bank accounts. It's always best to consult with an accountant or lawyer in your country and location to receive the best advise on these matters and what is right based on your personal situation.

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