2. What You Need To Start Your Dropshipping Business
36
An incorporated business
Most suppliers and wholesalers require any business they
work with to be legally
incorporated. In fact, if you’re not incorporated, most wholesalers won’t show you
their pricing or other details. That’s how important it is.
Remember, a dropshipping business is still a business. It
should follow many of the
same rules as a traditional business. Dropshipping may take place online, but it still
needs to be conducted according to the law.
If you don’t follow these important rules, you’ll run into problems.
The bottom line: it’s best to be incorporated before you even
reach out to suppliers.
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37
Image
source
I’ll cover this in more detail in Chapter 5, but for now, just remember that at some
point, you’re going to have to take the time to make sure
your business is legal and
good to go.
2. What You Need To Start Your Dropshipping Business
38
Supplier(s)
As you might have guessed, getting suppliers and
wholesalers on board is an
absolute necessity. Since you’ll get your products directly from
suppliers
, you
obviously want to work with companies that have a great track record and solid
communication.
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