If you’re interested in selling a unique product that only you can offer, you can sell it under your brand’s umbrella. To do so, you will have to become a part of the white labeling or manufacturing business model.
Tax information: The proprietor is responsible for every transaction. What that means is that your debts, liabilities, income, and losses are taxed on your personal income tax return at normal rates. You also are subject to payroll taxes and self-employment taxes on the money you earn. Partnership — A partnership is where two or more people are the owners and have equal shares in money spent and earned, like Ben & Jerry. Although partnerships are easy to form and may be cost-effective, every member has shared liability. You can vary this legal structure by having a limited liability partnership, or LLP, which protects business partners from the actions of others if a business goes south.

Because of its funnel process, it is specifically designed to direct customers to take one action to the next. This form of linear conversion method drives customers closer to make a purchase decision.
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