E- Commerce advice from a Staten island, NY CPA
E Commerce is defined as "commercial transactions conducted electronically on the internet."
There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer). There's also B2G (Business-to-Government), but it is often lumped in with B2B.
There are many platforms, and these are ever changing and expanding. Some include:
Ebay
Etsy
Amazon
Zuilly
Businesses also often sell direct thru their own website or platform.
Where you sell or what you sell can be equally important to your business model. Finding your target audience is as important as finding the right product or service to sell.
Concerns you may have for your e-commerce business:
Physical nexus vs Economic Nexus
Sales tax
Income Tax
State Tax
Inventory
Costs Accounting
Our Staten Island, NY office of Certified Public Accountants (CPA) is only a phone call away.
We can assist you with bookkeeping, tax preparation, business plans, and advice for business development. We work with clients at your place of business, our office, or remotely.
Goldenthal & Suss Consulting PC
David C Egan, CPA
4218 Amboy Rd
Staten Island, NY 10308
718-227-6035
www.gosucpa.com
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