Internet Business Laws to Know Before You Sell Furniture Online
Most prospective online business owners think that selling furniture online is easy because they don't have to follow any laws. The truth is; there are some laws that you have to follow before selling furniture online. Therefore, before you take the plunge, take the time to research the business laws to avoid trouble with the authorities. There is nothing as annoying as using a lot of resources and time to create a robust online business, only to be closed down when it's booming because you didn't follow the law when creating the business. With that being said, here's a rundown of business laws to know upfront before selling your furniture online:
1. Vet the payments options before using them to sell furniture online
E-commerce platforms have a wide range of payment options to use. But most of them will come with restrictions on the kinds of products to sell or receive money for. It a good idea to ask beforehand if the payment options you intend to use have restrictions on the products you plan to sell online. Also, in the course of research, find out if the payment options come with anti-fraud features, or they require any transaction fees, setup fees, monthly fees or termination fees.
2. Tax requirements to sell furniture online
When it comes to taxes, each state or country has its policies, which means you have to take the time to research the tax requirements of your location. For instance, if you live in the U.S. and want to set up furniture selling business, the law requires that you list your products prices, including the tax on your site. Some countries like Australia and U.K list their products inclusive of tax. So you should know all this upfront. To make your work easier, talk with a tax professional or the local tax office to know what is required to sell furniture online legally. They are versed in all the laws about running all online businesses. Also, you should know that these taxes are revised time after time. So, keep in touch with the tax professional or local tax office at all times.
3. Know all the copyright and trademarks before you sell furniture online
The trademark law requires that the words, phrases or symbol you use for your online furniture business should be unique. So don’t use a name, phrase or symbol that mimics another business. Copyright laws ensure that you don’t use someone’s work, such as music, writings, and works of arts in your online furniture business.
4. Ensure to comply with age restriction laws before you sell furniture online
The law requires that you comply with the Children’s Online Privacy Protection Act (COPPA). This law has many requirements, and one of them is to resist collecting private information from children below the age of 13. Again, look into your state or country’s specific codes for more insight into this law.
5. Obtain permits and licenses to be able to sell furniture online
Licenses and permits to sell furniture online vary from one state to another. Therefore, you’ll need to contact the legal licensing department in your state to get the actual information.
6. Have a PCI compliance certificate to sell furniture online
This is a certificate that protects anyone selling products or services online. Because e-commerce platforms attract a lot of scammers and hackers, you should take this certificate seriously. While PCI compliance involves offering a secure, encrypted checkout experience, you’ll also need to play your part, by not storing sensitive customer information through recordings or on paper, for example, if a customer were to supply you with their card number through the phone.
The government and e-commerce solution providers have their own set of business laws that need to be followed before selling furniture or any other product online. So, make sure you leave no stone unturned by researching and complying with all of them to conduct business with a piece of mind.