A critical step that should be taken before you actually begin selling on eBay is to plan every step that you will initially take. Those that know how to make money selling on eBay know that there are many critical start-up steps, and missing any of those steps can delay success. That is where a start-up plan comes into play.

It doesn’t matter how big or small your eBay business will be at the start. It doesn’t matter whether you will be conducting business from your home, or from a big business complex. In every situation, business planning is required. While business planning is not a lot of fun, it significantly increases the likelihood of business success. If you want to know how to make money selling on eBay, this is a work that you cannot afford to skip.

There are many steps that need to be included in your pre-planning before you even begin to develop your formal business plan. They include:

• Determining the type of business entity you will have (Sole Proprietorship, LLC, Partnership, Corporation, etc.)

• Establishing Banking Relationships

• Obtaining required Permits and Licenses

Remember that one of your goals is to always keep your business ahead of the competition. It needs to stand as unique and ‘better’ than others. Your final business plan describes how the company will stay ahead of its competition. Be sure that as you pre-plan and develop your start-up plan on how to make money selling on eBay, that you jot down the ideas about moving and staying ahead of the competition.

Do you want to know how to make money selling on eBay? Develop a startup plan before you begin operations. It will make the start-up easier. It will also make the development of the formal business plan much easier.

To Your eBay Success!