All types of people and businesses are using eBay to sell their products. This includes the stay-at-home mom who is supplementing her family’s income by selling craft products to large companies such as IBM who are seeing huge profits by selling online through eBay. When you sell items on eBay you can reach a large number of customers all around the world.

There are many benefits to selling on eBay. Some of these legal and financial benefits include:

• The low cost of registering at eBay.
• The ability to have fast and secure transactions with your buyers.
• Tax laws that are clearly defined.
• Accounting advice that even an amateur can follow.
• Low advertising costs.
• Free advertising tools.

There are many books that have been published that show you how successful you can be selling on eBay. This is a great market niche itself, to focus on the sale of items that show others how to sell, what to sell, and what to sell it for.
With so many benefits of selling on eBay more and more people are taking advantage of the opportunity. Make sure that you’re one of the successful sellers by knowing all of the legal and financial angles of the eBay selling process. The sellers who fail are often the ones who remain blind to the legal side of selling online through eBay. Studies show that the most successful sellers on eBay operate businesses that are well organized and maintain perfect financial records of each and every transaction that they do both through eBay and with their wholesalers.
The first thing that you will have to do in order to sell on eBay to is register. There are several reasons why you first have to register on eBay. These include:

• EBay requires a certain amount of personal information from you. This is to keep the eBay site secure.
• EBay requires that you register with them before you can begin selling an item or bidding on other saleable items. 
• Registration will provide you with updates on the latest eBay information and deals.

Registration at eBay is easy. All you have to do is follow the steps laid out for you. You will be required to provide your name, address, phone number, and a valid e-mail address. Many eBay powersellers choose to use a business name for their online transactions. You’ll want to include this business name in your eBay registration.
The next step needed for registration is your online user ID. This is the ID by which you will be known as both a  buyer and seller. Make sure to choose an ID name that sounds businesslike and professional. You will not want to come up with a cute name only to want to change it to something more sophisticated at a later date. Choose a password that is easy for you to remember.
Once you have completed the first two steps you simply have to check your e-mail for confirmation of your registration. You will then need to set up a seller's account. You will be asked to provide a valid credit or debit card as well as provide your banking information. This is necessary so that when you start selling your items eBay has accurate and legitimate information about how and where you will be accepting payment. EBay also needs your banking and credit information so that they can bill you appropriately for the small fees owed to them for any listing fees and commissions. Any personal information collected by eBay is done through a secure system so you do not have to worry about security issues.
The registration process takes only a few minutes for you to complete. Make sure your credit card and banking information is accurate and up to date to avoid confusion and error later.
During the registration process at eBay you’ll be required to provide information about yourself and the items that you’re selling. One of the things that you’ll want to remember is to always keep the information in your seller profile current. Not only does eBay need to have this current information, sellers want to see that your information is accurate since it lends you a high degree of professionalism.