Benefits Disadvantages Is dropshipping for you?

the most flexible methods, and it’s accepted everywhere.
This also gives you the opportunity to make use of credit cards with rewards 
programs. Since you’ll be making fairly large purchases on a regular basis, you can 
easily rack up rewards. This isn’t a necessity, but it’s certainly a nice feature that 
you might as well take advantage of.
Create a business PayPal account
If you plan to accept PayPal, you’ll need a separate business account to process 
payment. Again, the goal here is to separate personal and business finances, so 
don’t use your personal PayPal account for your store.
It’s easy to sign up for a business account, but be aware of the fees and restrictions 
that come with it. You’ll deal with different fee amounts depending on factors 
like the size of the order and the location of the customer. 
Here’s the information 
straight from PayPal
.
PayPal isn’t the only option for paying online, although it is the 
most popular. If you want to accept other forms of payment, like 
Stripe or Bitcoin, you’ll need to set up business accounts for each 
one. And make sure you have a method of accepting credit cards!

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5. Making Your Business Official
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Get your taxes and accounting in order
Before you open the doors to your business, make sure you know what you need 
to do for 
taxes and accounting
. Reach out to a professional tax and accounting 
expert to familiarize yourself with the rules and regulations involved. Depending on 
which business structure you choose and which local and state rules apply, your 
processes for filing and paying tax will likely be different from how you normally file 
and pay.
In addition, come up with a way of organizing your finances,