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Whatnot Live SellingHow to Start a Whatnot Business: LLC Setup
Selling on Whatnot? Set up your LLC before your next show. Here's why it matters (shipping to strangers, inventory money, business credit, resale certificates), every Bizee screen from start to finish, and the one screen in the Whatnot app to update once your LLC is approved, including which tax ID goes there.
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Why an LLC for this business
Shipping to strangers
100+ items a show: insurance still matters
Inventory money
Sourcing, supplies, giveaways: one business account
Business credit
A business account can help build its history (SBA)
Resale certificates
Whatnot accepts one for app purchases
Right after the LLC
- Seller Hub → PayoutsEdit Payout Settings opens Stripe
- Business bank accountPoint payouts to your LLC's account
- One owner, default taxesYour name + SSN; LLC as business name
- Partners or S/C-corpThe LLC's EIN: ask your CPA
- Sales taxWhatnot collects it on app orders
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Ready when you are
Open Bizee from our link and follow along with your state's video.
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