#038 - LEARN This Before Setting up Your Amazon Biz! 🌍 📦

27/08/2024 16 min Episodio 38
#038 - LEARN This Before Setting up Your Amazon Biz! 🌍 📦

Listen "#038 - LEARN This Before Setting up Your Amazon Biz! 🌍 📦"

Episode Synopsis

Join Matthew's community and LAUNCH your first Amazon product in UNDER 5 HOURS by following the Amazon Launchpad Mini Course: https://bit.ly/AmazonLaunchPadCourseIn this episode of Amazon Ecom Secrets, Matthew Fraser reveals the ins and outs of setting up an Amazon business in the USA, addressing common queries from his client John, a 68-year-old retired mechanic. Fraser uncovers the truth about whether establishing a US company is necessary, highlighting how Australian residents can avoid US taxes by repatriating profits. He discusses the advantages of manufacturing in Australia to sidestep tariffs, shares his personal tax challenges, and offers a cost-effective approach for starting as a sole trader. Tune in to discover how to navigate tax implications, avoid upfront risks, and make the most of the free trade agreement benefits.Learn the six most profitable ways to make money on Amazon with Matthew Fraser on the Amazon Ecom Secrets podcast. Discover the differences between Amazon FBA (Fulfilled By Amazon) and Amazon FBM (Fulfilled By Merchant) to generate income on the platform. From leveraging dropshipping to managing your own stock, explore various strategies to start earning on Amazon and escape the nine-to-five grind.Follow Matthew:https://www.instagram.com/immatthewfraser/https://www.tiktok.com/@immatthewfraserhttps://www.facebook.com/immatthewfraser/Timestamps:00:00 - Introduction 01:30 - Is a US Company Necessary for Selling on Amazon USA?04:00 - Tax Implications for Australian Sellers07:15 - Benefits of Manufacturing in Australia10:00 - Matthew Fraser's Personal Tax Challenges12:30 - Cost-Effective Strategy for Starting as a Sole Trader15:00 - Avoiding Tariffs with Australian Manufacturing18:00 - John's Decision to Start an Amazon Business20:00 - Potential Outcomes and Future Steps22:30 - Conclusion and Call to Action

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