- September 4, 2018 at 2:47 pm #241980
I am an ceramics artist w/10 years experience. While I have sold many things over the years, I really don’t sell much that often, and although I tried selling on etsy years ago, I literally sold zero. However, I now want to take another shot, and am starting to accumulate some nice product. I do want to set up a shop on Facebook, but honestly do I need to create a sole-proprietorship, S-corp or LLC now? Even though I guess its relatively easy, until I see some significant sales I am reluctant. What are my options? I recall that on etsy you did not need to form a company or sole-proprietorship, and I notice on many Facebook business pages they just link to etsy. Now of course if things start to sell I want to follow the law, but I hate complicating my life unless its warranted (which means worth it financially).
TomSeptember 4, 2018 at 2:50 pm #242350
Individuals can sell on Facebook’s local marketplace, but if you want to take orders and ship goods, it’s best to have some sort of business entity and separate checkbook so you can cleanly separate your business expenses and income from personal. Plus, if you sell in any volume, you need to deal with sales taxes and for that, you’ll need at least a sole proprietorship. Hope this helps, good luck!