Are you really struggling to find an expert accountant who can help your online dropshipping business? ERAA Consulting Limited are specialist accountants for dropshipping business.
How does Dropshipping work?
In dropshipping you sell to customers directly without stocking any inventory. When a customer purchases a product from your online store, a third-party supplier ships it directly to them. The customer pays the retail price to you and you pay the suppliers’ wholesale price. The difference is your gross profit. Then you have to pay other business expenses such as marketing, advertising and professional fees etc. You never have to handle products or keep the inventory.
You simply need to register an account with an appropriate supplier. You build your online store, and start selling.
Is it easy to find suppliers?
It’s not much difficult indeed. But, finding the reliable suppliers with good quality products is the most difficult part of dropshipping. you can use the sites like Alibaba and other directories. Sites like Oberlo also allow to use an integrated supplier directory in your online store’s backend.
If you need any help in accounting for your online business, please Contact us today