Where do I get to research from of a business I want to start on Ebay?

Question

I want to start a business on Ebay, but where do I get the research from? With a brick-and-mortar buisness, I get talk to other buisness owners and interview them. But, How do I research a business I want to start on Ebay. I'm trying to write a business plan for a business I want to start on Ebay. I know how much it's projected gross profits, but how do I figure out how much start-up money I am gonna have to have? How many employees to hire. Anybody got any ideas?

Answer 1

You really need the book Rocket to Riches which you can get by going here: http://www.themoneycastle.com/riches.html It has a zillion ideas and budgets, etc. and what to sell online, etc.

Also, an eBay store only costs 14.95 a month. The main thing about eBay is pick a niche' and focus. Build up your positive feedback by buying some products (even cheap ones). You really do not need any employees because with eBay you can automate everything - even your replies. You will need a PayPal premier business account. And it has lots of merchant and auction tools for free.

Hope this helps and hasn't been too confusing. A good place for research is actually your local library. They have tons of eBay business books and software.