Would you like to make $500 a month selling stuff on eBay? Earning $500 each month on eBay is extremely doable. Whether you sell full-time or part-time, you can reach your financial goal with the proper time and effort that you put into it. For example, you can sell one item that would equal $500 in profit. […]
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When’s the last time you cleaned out the garage or attic? There could be some true hidden gems in there…and some ways to make money! For ages, eBay has been a giant in the reselling business, allowing everyone from stay-at-home moms to full-time collectors the opportunity to make some money online. If you love scouring […]
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Originally written by Timothy Adler on Small Business
eBay has gone into the business of lending directly to its small business sellers, offering loans of anything betweeen £500 and £1m to SMEs.
In doing so, eBay is parking its tanks on the lawn of former subsdiary PayPal, which already offers quick loans to small business users.
PayPal has also been aggressively growing its lending business, with an outstanding loanbook of $2.7bn at the end of the first quarter.
>See also: Norah Coelho of PayPal Q&A: ‘Getting access to finance is incredibly important’
The move also puts eBay in competition with Britain’s less-well-capitalised high-street banks that target small business customers. By way of comparison, eBay’s $41bn market capitalisation is about 50 per cent higher than that of NatWest, the UK’s largest small business lender.
eBay says its same-day loan service is needed to help its 300,000 small business users bounce back quickly from the pandemic.
Nearly one third (31 per cent) of the UK’s 5.9m small businesses face going bust in under a month due to inadequate access to finance, according to research.
>See also: Qardus opens Islamic finance to small business for first time
Two in five (40 per cent) small business owners have been denied credit from banks,
Originally written by Timothy Adler on Small Business
eBay has gone into the business of lending directly to its small business sellers, offering loans of anything betweeen £500 and £1m to SMEs.
In doing so, eBay is parking its tanks on the lawn of former subsdiary PayPal, which already offers quick loans to small business users.
PayPal has also been aggressively growing its lending business, with an outstanding loanbook of $2.7bn at the end of the first quarter.
>See also: Norah Coelho of PayPal Q&A: ‘Getting access to finance is incredibly important’
The move also puts eBay in competition with Britain’s less-well-capitalised high-street banks that target small business customers. By way of comparison, eBay’s $41bn market capitalisation is about 50 per cent higher than that of NatWest, the UK’s largest small business lender.
eBay says its same-day loan service is needed to help its 300,000 small business users bounce back quickly from the pandemic.
Nearly one third (31 per cent) of the UK’s 5.9m small businesses face going bust in under a month due to inadequate access to finance, according to research.
>See also: Qardus opens Islamic finance to small business for first time
Two in five (40 per cent) small business owners have been denied credit from banks,
Originally written by Timothy Adler on Small Business
Thousands of online retailers who use Amazon to sell their products could find their businesses switched off in the event of a no-deal Brexit.
Sole traders who use platforms such as Amazon and Google to sell online could find themselves blocked because the EU would not recognise UK data protection standards in the event of no-deal.
Although the UK has already said it would accept EU data compliance in the event of a no-deal Brexit, the EU has made no such pledge, leaving online retailers stranded.
Both Amazon and Google host huge amounts of data from giant centres based in Europe.
It could take years for the EU to sign off a data compliance agreement with an independent UK.
Read: third party platforms – is it worth selling through the likes of eBay and Amazon?
“Data flow is so ubiquitous in our day-to-day lives that if it stops, [we don’t know exactly what will happen], Claire Edwards, a partner at law firm Pinsent Masons told the Sunday Times.
The potential aftershocks of a no-deal Brexit on October 31 have been laid bare in confidential details of Operation Yellowhammer, the government’s no-deal contingency planning for a no deal departure, which were
eBay is planning to take on Prime Day with its own savings event on July 15, promising ‘a fresh batch of too-good-to-be-true deals…if Amazon crashes.’
Ever dreamed of selling on eBay full-time? It’ll take a hefty amount of work – successful sellers flog more than a few pieces of tat from around the house. An astonishing 40 per cent of home businesses actually don’t have their own website, either – they opt for selling on eBay and/or Amazon. It makes
The post The essential guide to setting up a business on eBay appeared first on Small Business.
From inexpensive eBay to high end HEWI London, third party platforms are used by many public and private sellers to boost their revenues and sales volumes. But why sell through a third party when you can sell products on your own branded website? Despite, the benefits selling through a third party brings there is still
The post Third party platforms: is it worth selling through the likes of eBay and Amazon? appeared first on Small Business.
