In this video, we have our guest Chris Potter (@Chrispotter361 on Twitter) discussing the financial side of Amazon FBA selling. Running a successful business on Amazon requires more than just sourcing and listing products, it also requires a solid understanding of taxes, bookkeeping, and budgeting.
We'll start by diving into the basics of taxes for Amazon FBA sellers, including when to pay taxes, how you can save taxes on write offs and so much more! We'll also discuss the importance of keeping accurate records and why bookkeeping is crucial for your business.
Next, we cover what is an S-CORP and what's the difference between an LLC.
This video is designed to provide you with the knowledge and tools you need to navigate the financial side of Amazon FBA selling. Whether you're a new seller or an experienced pro, this guide will help you maximize your profits and stay compliant with tax laws
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