@BizLawyers Twitter Feed

    follow me on Twitter

    Chicago Business bLAWg Headline Animator

    Friday, February 29, 2008

    E-Commerce Startup Checklist

    There are many business issues and considerations unique to an online business when considering starting an e-commerce business. Below is a E-Commerce Start-up Checklist from the law firm of Griffith & Jacobson, LLC. This checklist contains many of the key issues a new e-commerce business should address before launching an online business.
    For a more thorough review of the issues and considerations that you may need to address in launching your e-commerce business, please contact Arieh M. Flemenbaum at Griffith & Jacobson, LLC - 312-236-8110 or at amf@gjlaw.com
    _______________________________________________________
    1. Have a Business Plan:
    • Define niche market
    • Write brief mission statement
    • Develop a business identity
    • Have a reliable source for your product- manufacturers/suppliers
    • Have a reliable source to deliver your product- direct delivery or drop-shippers

    2. Form a business/corporate entity:

    • Choice of Entity/ State Selection
    • Obtain a federal tax employer identification number (EIN)
    • Obtain state tax identification number
    • Obtain a state/local sales tax license, as necessary
    • Open a business checking account

    3. Business Logistics:

    • Establish business address
    • Set up phone & fax service
    • Establish PayPal/Google checkout accounts or a merchant account (direct credit card processing)?
    • - review procedures, fees and dispute mechanisms
    • - Information Security - determine what services are offered/needed to establish
    • security for payments
    • Contract with a preferred shipper - set up shipping provider accounts:
    • - Establish fixed & discount shipping rates
    • - Purchase shipping supplies
    • Contract with suppliers/vendors

    4. Web logistics:

    • Choose a web hosting provider - address costs, liability for service interruptions
    • & denial of service, services offered/security
    • Designing your e-commerce site - Contracting a web designer and/or graphic designer
    • Address web-marketing & Search Engine Optimization for your website and products - Ensuring that your clients find you on the web

    5. Legal Issues:

    • Terms & Conditions of Use for your website
    • - Disclaimers
    • - Limitation of Liability
    • Warranties/liability for products:
    • - charge backs, consumer disputes, procedures for returns
    • - responsibility for shipping and handling costs
    • Liability for 3rd party content (product descriptions, endorsements, comments)
    • Safeguarding Privacy:
    • - establish procedures for safeguarding certain non-personal information
    • - determine marketing practices: Will you sell website user information?
    • - certain industries and certain information require privacy notices
    • Use of copyrighted materials/trademarks

    For further information, please contact Arieh M. Flemenbaum at Griffith & Jacobson, LLC via email - amf@gjlaw.com or by phone at 312-236-8110.

    For additional resources for entrepenuers and business start-ups at: http://www.gjlaw.com/CM/FSDP/PracticeCenter/Business/Starting-a-Business.asp

    1 comment:

    Keaton said...

    Ecommerce solutions have proved beneficial for both the sellers as well as the buyers. Today one can access any product manufactured in any part of the world just by a click of mouse. Indeed a path breaking innovation of IT in collaboration with the World Wide Web. Facilitating reach to a ‘shopping fest’ from the comfort of one’s home! http://www.infyecommercesolution.com/