Taylor Jones – Retail Arbitrage – Basics
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Description:
Retail Arbitrage 101
February of 2020 I hated my job at Xerox. I had a 50k salary, I wanted more…
More freedom, more money, more impact on others…
So far in 2020 I have sold over $180,000 using private label and retail arbitrage with FBA…
I buy product and Amazon fulfills all the orders.
While documenting my journey I hit over 100k on tik tok and due to the influx of questions I built this course to share exactly how you can ditch your 9-5 selling on Amazon with no previous business experience. Enjoy
Business online course
Information about business:
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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