Say you are a stay-at-home-dad who wants to sell your own neat apparel designs online, or a creative mom who can make some excellent handicrafts at home. Now you are interested in setting up a storefront on the web so you can “get in on this eCommerce thing” or “make money on the side” or “make some extra revenue when you sleep”. Here’s what you need to get going.
ItemWho you need to set this up?How much will it cost?
Company Incorporation
(MOA, AOA, PAN Card, Company legal entity, Bank Account)
CA, Accountant or Company SecretaryRs. 50,000 (Bangalore)
Payment Gateway (To accept credit card, net banking or debit card online)EBS, CC Avenue, your bank (Axis, HDFC, etc.)Rs. 25,000 (initiation fee)
2 – 4% transaction fee (negotiable)
Rs. 500 – Rs. 1500 monthly fee (can get this waived)
eCommerce...