Welcome to Online Business
Online Business
Tips regarding online Business & Home Based Business
eBay Business
How Will you Get Pay when you sell items on eBay?
One of the things
that a scare most people out of selling items on eBay are
wondering how they're going to get paid. But, you needn't be
worried. It's not nearly as complicated as it seems.
As always, since the inception of eBay, you can accept checks
and money orders through the mail. But, that takes a lot of time
and of course there's always that chance you take with a
personal check and having it returned.
No, there's a much quicker, safer way to accept payment for
items you sell on eBay. It's a
Paypal account.
What is Paypal? Glad you asked...
Paypal is a service that offers you a sort of online bank
account. You actually link it to your real bank account and it's
really all you need to accept payment on eBay.
It's safe and secure. And it's totally integrated with eBay.
What does that mean? Simply put, you can accept payment from
your winning bidders with one click of your mouse and eBay takes
care of the rest. They direct your buyer to Paypal after the
auction for payment. And PayPal even has a link on their main
page now stating "Sell on eBay."
Opening a Paypal account is free and deliciously easy.
Go to their main page at paypal.com and follow the links.
They'll have you set up in no time. They'll ask for your name,
address, etc. They'll also ask for your bank account
information, so have your checkbook handy when you sign up.
They'll confirm your account by making two very small deposits.
It takes a couple of days to confirm your account, but once
that's done, you can add other bank accounts including savings
accounts, credit cards, and debit cards and have them all linked
together.
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Once you're confirmed, to accept Paypal as a payment method, you
just click on the checkbox on the eBay item listing form and
you're all set.
Paypal charges a percentage of each transfer made into your
account, but for this small price, they offer convenience of
immediate payment and even eBay seller protection against fraud
and disputes.
PayPal isn't a convenience for eBay sellers anymore. It's a
necessity. Buyers want their items as soon as possible, and
paying with Paypal helps them get it quicker.
And, if you apply for, and receive, a Paypal debit card, you
will have access to the money immediately. I love my Paypal
debit card. It is accepted everywhere major credit cards are
accepted and works just like your bank account debit card. In
fact, it's better. When I use my Paypal debit card as a credit
card, Paypal gives me 1% of my purchase price back.
So, if you're worried about getting paid for your auctions on
eBay, worry no more. Get over to Paypal and open your account.
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Business Tips
Posted on 8th September
Marketing Assistance
Business
Model
Starting a new
business from scratch is inherently risky. When you buy a
franchise you are generally buying a proven business model or
concept that can be independently validated as having a track
record of success. Unlike most small businesses started from
scratch, a franchise business can offer the advantages of
established operating systems, services, products, marketing, and
brand name recognition that can save you invaluable time and
money.
Marketing
Assistance
One of the major
advantages of the franchising business model and the system of
multiple standardized units that it creates (that generally offer
the same products and customer experience) is that it inherently
helps market your franchise location with little or no effort.
That is not to say that as a franchisee you should not attempt to
do some of your own marketing as well.
Stand Design
Franchisor
Support
Providing on going
support to new and established franchisees is second nature to
most franchise companies. Its just common sense that franchisers
will want to support you because it is in their best interests for
you to succeed for a number of obvious reasons including the
chance to generate more royalty fees and expanding their
franchising system.
Minimize Risk
In my opinion the biggest advantage of buying a franchise business is that it is generally a lot less risky than starting a new business. Most studies conclude that over 90% of new businesses fail within 3 to 5 years. In comparison, U.S. Dept of Commerce studies have shown that over 92% of franchised businesses are still operating after 5 years.
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