Welcome to the WholesaleForum.com! Sign in or Register Free to benefit from our full range of free services

Welcome to Wholesale Forum.comWelcome ToWholesale Forum.comFind wholesale buyerstrade buyers and wholesale offers free

For Buyers

Wholesale Forum is the fastest growing online business community dedicated to retailers, auction sellers, surplus and overstock buyers needing a quick and safe solution for sourcing trade stock. Join our free and friendly forums today and gain knowledge, offer your advice, and discover new partnership opportunities:

For Suppliers

For wholesalers, dropshippers, manufacturers, distributors and trade services providers. Advertise your business today on WholesaleForum.com for free to reach potential trade buyers on a more personal level. Promote your latest offers, interact with buyers in real time, distinguish yourself as an expert in your field, and attract sales instantly.

Sign up now More benefits for Buyers
Sign up now More benefits for Suppliers
    1. babystar is offline

      Join Date
      Jul 2011
      Location
      United Kingdom
      United Kingdom
      Posts
      4
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #1

      Starting a business on eBay as a UK sole trader

      Looking at a lot of wholesalers websites it says they only supply to registered businesses, market traders etc.

      I am not a registered business, nor do I have any plans to be at this moment in time. Am really just looking to sell on eBay to try and make some money out of it and see how I get on

      Other wholesale sites also sell their lots on eBay which I don't think would work in my favour regarding price if people search and find both theirs and my listings.

      Is there any workaround on this? What exactly is classed as a registered business?

      Sorry for the novice questions!
      Want To Be An eBay Powerseller?
      This is the Service You Need.

    2. WholesaleForum's Avatar
      WholesaleForum is offline

      Join Date
      Sep 2009
      Location
      United States
      United States
      Posts
      2,924
      Thanks
      83
      Thanked
      774 Times in 307 Posts
      #2
      Hi Babystar,

      Welcome to Wholesale Forum

      It is always advantageous to register as a business, it's like a badge that grants you a higher level of respect from suppliers. Registering as a business may look overwhelming at first, however it has many advantages, and it is not expensive. You can find information on how to set up a UK Ltd company at Information & Guidance - Starting a company

      An accountant can ensure you remain legal and compliant for around GBP600.00 per year. We do not recommend you register for VAT before you have reached the GBP70,000/year threshold.

      If setting up a Ltd company still sounds overwhelming, try Wholesale Deals UK - Wholesalers, Dropshippers, Importers & Distributors Database | Home |, which connects you to competitively priced suppliers that sell to eBay resellers.

      Hope this helps
      Over 150,000 Verified Sources + Deals 95% Off MSRP + Free Website!

    3. Thank you for this post:

      rooder (30 Aug 2011)

    4. wills is offline

      Join Date
      Aug 2011
      Location
      United Kingdom
      United Kingdom
      Posts
      2
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #3
      Hi there,

      Brand new to this ,

      I have been researching watches for a while now and am looking to start selling some online.

      I was intrigued at all different suppliers and am now having the notion of buying from china but getting samples first ?

      Any ideas on what is best to start off with as Im trying to provide some sort of niche as every time I go on ebay its very saturated with products easily found, and I know drop shipping could be an option? Just looking for some advice.

      Thanks ,

      Will

    5. thepaws is offline

      Join Date
      Aug 2011
      Location
      United Kingdom
      United Kingdom
      Posts
      6
      Thanks
      2
      Thanked
      2 Times in 1 Post
      #4
      Registered as sole trader is a good idea to deal with supplier and customers. You can both selling on eBay and Amazon, if you do not intend to have your own website.

      Many wholesaler, including ourselves, selling on eBay and Amazon simply to generate public awareness of the products we are offering, and in most cases, they sell at their RSP so no worry about competition. They buyer is more likely to check on your eBay stars and total price. You may undercut the wholesaler slightly or offer free free shipping to promote sales. It is your choice how much margin you want to make.

      wills, to offer something unique, you can design something and get the Chinese to make them cheap. Make sure you have an agreement in place to ensure they don't mass produce it to your competitors!

      All the best.

    6. Barbelier is offline

      Join Date
      Aug 2011
      Location
      United Kingdom
      United Kingdom
      Posts
      1
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #5
      [QUOTE=thepaws;45857]Registered as sole trader is a good idea to deal with supplier and customers.QUOTE]

      Forgive my ignorance, but when you say register as a sole trader what do you mean and who are you registering with?
      What information do wholesalers accept if you don't register for VAT and aren't a limited Company?

    7. thepaws is offline

      Join Date
      Aug 2011
      Location
      United Kingdom
      United Kingdom
      Posts
      6
      Thanks
      2
      Thanked
      2 Times in 1 Post
      #6
      I probably need to clarify the statement. What I mean is register as a sole trader or limited company will give a better impression, as compared to as an individual. Some manufacturers only deal with big fish, and push away small fish to their distributors. Wholesaler/distributor normally accept all kind of businesses. The only difference is you are unlikely to get a credit account with them. For us, we only need to make sure the retailers are indeed a trader and not end users. We normally will ask for business and website details.

      See legal structure from Business Link: Legal structures: the basics | Business Link

Sign Up Now

Got something to say? Sign up now and join the discussions.

Similar Threads

  1. Starting up as a reseller on eBay - Sole trader, Limited company and VAT registration
    By tmmalik in forum Starting & Growing Your Business Discussion
    Replies: 4
    Last Post: 18 Mar 2013, 10:44 PM
  2. How to register as a trader in the UK - Sole trader or Ltd company
    By johnosw84 in forum Starting & Growing Your Business Discussion
    Replies: 4
    Last Post: 09 Jan 2011, 07:47 PM
  3. Do I have to register as a sole trader to start a drop shipping business?
    By whatatime in forum Starting & Growing Your Business Discussion
    Replies: 1
    Last Post: 11 Oct 2011, 11:37 AM
  4. Registering as a Sole Trader or Limited Company in the UK
    By Discountsx in forum Starting & Growing Your Business Discussion
    Replies: 1
    Last Post: 31 Aug 2011, 07:48 AM
  5. Replies: 5
    Last Post: 19 Dec 2010, 06:17 PM
  6. Do I need insurance as a sole trader?
    By Grassisgreen in forum Legal, Contracts, Insurance & Trade Terms Discussion
    Replies: 15
    Last Post: 17 Dec 2010, 05:14 AM
  7. Registering as sole trader with HMRC
    By McJennings in forum Accounting & Tax Discussion
    Replies: 11
    Last Post: 07 Mar 2011, 02:18 PM
  8. Limited Company or Sole trader
    By mally in forum Legal, Contracts, Insurance & Trade Terms Discussion
    Replies: 2
    Last Post: 04 Feb 2011, 08:15 PM
  9. Dealing with Wholesale Suppliers as a Sole Trader
    By SilverSurfer in forum Wholesale Discussion
    Replies: 0
    Last Post: 21 Aug 2010, 03:30 AM

My Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
All times are GMT -4. The time now is 05:22 PM. - Fixed Width