* Domain Name * Monthly Hosting * Shopping cart system
(oScommerce - free open source software) * Merchant Account to accept payments online
(paypal accepts credit cards, eChecks, paypal account) * Incorpate, LLC, or DBA with State to be legal * Tax ID after that from IRS * A resale certificate is needed as well if you choose to resale products from a distributor or manufacturer.
(This is so you dont get charged tax from source of products) * Most important two are products and website traffic. This will make or break your ecommerce company. Make sure to charge appropriate tax to shipping destination within your own state. Tax rates change by county so be very sure to do it right or the IRS will nail you with penalties.
Anywhere outside your state, you dont have to charge taxes...it
is purchaser responsibility. Very vague question. You need a
website, you need to source products, you need a payment
gatewaywhich works with your website, you need a shopping cart
integrated with your website. You will haver to conform to many
laws. If your collecting personal data about our customers, you
need to register yourself with the Data protection registrar. I
think you have lots of research to do...
History of ecommerce dates back to the invention of the very old notion of "sell and buy", electricity, cables, computers, modems, and the Internet. Ecommerce became possible in 1991 when the Internet was opened to commercial use. Since that date thousands of businesses have taken up residence at web sites.