O'Reilly logo

Making a Living from Your eBay Business by Michael Miller

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 12. Setting Up a Recordkeeping System

When you’re running a business, you need to keep track of what you’re doing. That means keeping records about what you sell, whom you sell it to, and how much money you make (or don’t) from what you sell. These records not only help you manage your business on a day-to-day basis, they also help you prepare your yearly taxes.

This chapter walks you through the records you need to keep and suggests how to set up your own recordkeeping system.

Why You Need to Keep Good Records

How profitable is your business? You’ll never know if you’re not keeping track—which is reason enough to set up some sort of recordkeeping system. Keeping records can be both a defensive and an offensive activity. It’s defensive in ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required