Chapter 4.Evaluating and Arranging Funding
Believe it or not, you may be able to start your new eBay business with zero dollars in your pocket. A lot of people do; that’s one of the things that makes an eBay business attractive.
It’s more likely, however, that you’ll have some startup costs involved. If nothing else, you’ll need to purchase some initial inventory and shipping supplies. How much money you need depends on the type of business you’re setting up and how you plan to handle your day-to-day operations. And if you need more upfront money than you currently have in your pocket, you’re going to have to find a source for these additional funds.
This chapter is all about this initial funding—and your ongoing financial needs. You’ll need ...