Are you looking to sell on Amazon but don't know if you need a business license or not? Check out this quick tip article for more information.
While you do not need a business license to get started on Amazon one you decide that selling on Amazon is more than just a hobby it is suggested to get a business license.
When setting up your account for the first time you can simply use your social security number. If you sell over $20,000 in a one-year-period, Amazon will send you a 1099 for your taxes. Be sure to use a software like Inventory Lab to track your cost of goods and expenses when tax time rolls around.
It is easy enough to update your tax information when you do obtain a business license.