As an aspiring e-commerce owner, you may start your business through Etsy. Etsy is an online marketplace where individuals or companies can sell their products. Commonly, parties sell vintage, handmade and craft supplies on Etsy. However, before jumping into selling your products, you must consider your legal obligations. This includes specific consumer law and Etsy policies. This article will explain which laws apply to you and how you can fulfil your legal responsibilities. <\/p>\n\n\n\n
Before selling your items on Etsy<\/a>, you must choose a business structure, such as the following:<\/p>\n\n\n\n A sole trader structure means you will own and manage the business alone. This is one of the easiest structures to set up and means you will have full control over your business. However, as a sole trader, you will personally bear all risks and costs due to unlimited liability.<\/p>\n\n\n\n Alternatively, you can operate as a partnership with another person. Partners will share profits, costs and risks. Note that you will still have unlimited liability unless you incorporate your partnership.<\/p>\n<\/div>\n\n\n\n Lastly, you can incorporate your business as a company on the Companies Register. As a company, you will have directors and shareholders who will help make critical business decisions. Further, you can benefit from limited liability. A company can also be a suitable business structure for individuals seeking to grow and scale their businesses. <\/p>\n\n\n\n Your business must be \u2018in trade\u2019 to have obligations under the Consumer Guarantees Act 1993<\/em> (CGA) and Fair Trading Act 1986<\/em> (FTA). To be in trade, you must sell items frequently and for a profit. <\/p>\n\n\n\n\n\n Continue reading this article below the form\n <\/i>\n<\/a>\n\n
Consumer Laws<\/h2>\n\n\n\n