Shopify & PayPal Account

alfredoake95
Contributor
Contributor

What type of business should be suitable for Shopify dropshipping? Individual Account or Propiertoship?  

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2 REPLIES 2

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@alfredoake95 

 

Are you a enterprise? Even if it is just yourself? A type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader or proprietor does not necessarily work 'alone'—it is possible to employ other people. You receive all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. 

 

If not, choose individual.


Kudos & Solved are greatly appreciated. 🙂
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alfredoake95
Contributor
Contributor

Thank you for your reply, appreciate it. In terms of what I exactly gonna do is only droppshipping which means importing products from the supplier without holding any physical inventory and yes will only me who will run the business on the store, so individual should be selected right ? 

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