Posts Tagged ‘ecommerce’
The Death of Ecommerce Startups?
Tuesday, January 15th, 2013
Imagine having to collect and remit sales tax to hundreds of taxing authorities. For etailers, that nightmare may soon be a reality.
The last mentioned opportunity is actually not a startup yet as I am in the information-gathering stage. Whether I decide to promote it to a viable startup depends on the results of what I call my startup due diligence process.
Red Flags A Waving
As I’m going about the process of due diligence with this concept — determining whether or not this opportunity makes business sense — a big potential red flag has become apparent. This year or next, there might very well be a massive headache with respect to collecting online sales tax from out-of-state customers. Read more »