Legal Considerations for Starting a Hair Extension Dropshipping Business

Bringing your new hair extension business to life is all about making sure the basics are in order from day one.

After you start your Hair website, knowing what you want to sell and creating a brand are the fun parts. There are a few bits of paperwork that you need to take care of as soon as possible. 

Don't worry. You're not going to drown in red tape when you start dropshipping, but you need to get ahead of the curve when it comes to the rules and regulations.

To make sure nothing is missed or overlooked, we've created the ultimate of all the legal considerations involved in starting a thriving hair extension dropshipping business. 
You can do this! 

Start by Registering your Business Name

This is not quite the same as your brand name — it's the name you will file with the government and have registered to your business address.

It's a simple thing to do in virtually every country around the world, with the vast majority of them having easy-to-follow online application processes. 

A quick session on Google is all it will take to point yourself in the right direction, and from there, there are no limits to how far you can go.

You just need to make sure you power through this list without delay so that you can lay the foundations for a lucrative new business. 

Obtain your New Sales Permit

Your business needs to be registered to make sales if you want to start shifting container loads of kinky curly extensions and boxes of elegant lace frontals.

Having a sales permit in place is something that many startups miss, but it's something that will certainly cause some headaches in the near future. 

Make your application online before you start making sales, and you'll be able to sleep easily knowing that everything has been taken care of.

It's ideal when you want to make sure that all of those vital details are going to be in line so that they can't trip you up as your business grows. 

Get your Sales Tax Certificate

Now that you have a registered business and it's allowed to sell, it's time for the most exciting bit!

I'm only joking; paying taxes is something no one really wants to do, and yet it's something we all have to do to make the world work.

Making sure you get your sales tax certificate on day one will make sure you never fall foul of a common issue that many startups struggle with. 

More than that, it will prompt you to start getting an accountant on your payroll so that you can keep track of how much tax you're going to owe at the end of the year.

Having this number in the back of your mind will help you see what's profit and what's revenue so that you can plan accordingly. 

Remember to Collect and Pay your Tax 

The paperwork is all good, but you have to follow through with the basics every time you sell a new set of straight hair extensions.

Collecting and paying taxes are two of the basic functions of any business, and the dropshipping business is no different in this respect. 

The more proactive and organized you become, the easier you're going to find it to navigate tax season.

While your competitors and peers are stressed out and having to run around worrying,

you'll be able to push a few buttons, put the money where it needs to be, and then put your energy into growing your business.

Ideal when you want to set the tone for a venture that really will support the lifestyle you have always wanted. 

Don't forget Product Safety 

While you might think there's not a lot that can go wrong with hair extensions, unexpected things will always crop up when you start shipping out larger and larger volumes.

Making sure that every extension and wig you ship and sell has been safety-certified by a trusted body is always the best approach to take.

If you can show that you have ticked all the boxes when it comes to safety, rather than only focusing on price and quality, you'll be protecting your new business the smart way. 

Focus on Shipping and Customs Rules 

These vary by country, and that means having an experienced team on your side and in your corner can make a world of difference.

Dropship Beauty employs a skilled team with decades of combined experience, allowing you to take things a little easier because you'll know that everything is moving in the right direction.

The last thing you want to hear is that a large resupply of stock has been stuck in customs, and you have to pay a big fee to get it released. 

Product Liability is really Important 

In addition to product safety (covered above), you have to consider your own personal liability.

Having a set of terms and conditions in place that anyone can easily find on your website is the first thing you need to do here. 

The idea is to protect yourself against potential financial penalties in the unlikely event that someone decides to sue you as a result of something to do with the products you have supplied.

While the hair extensions business is a safe bet when it's time to make money online, there will always be a few isolated issues you need to address once you start selling thousands of units a week. 

Regulatory Compliance is No Joke 

Consumer protection laws vary from one country to the next and are in place to provide buyers with security so that they always get treated fairly.

You will also have to comply with platform policies specific to the website or online marketplace where you are selling your hair extensions. 

Familiarize yourself with the fine print, and you'll be able to take it all in your stride and never look back. 

Vet your suppliers 

This is where we come into our own!

Having a good hair vendor is imperative to your brand's values and image.

And now that you've found us, you won't be left frustrated by the quality of your latest supplier ever again. 

Our commitment to quality and consistency, not to mention unbeatable customer service, is what keeps us ahead and ensures you're always going to be the standout performer in your industry. 

We know you can do this!