Seeking Advice and Answering Questions (100k+ Rep Store)

netprofit72

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So I've been in the online game for about 4 months now, it all happened really fast, months 1-3 were slow around $5-10k revenue then this past month I've cracked the code on marketing and my store is generating about $100k in revenue and $60k in profit a month. I'm now seeking help on the tax and payment processing side as the money has become real and I don't have a registered company or anything set up. For reps it's kind of a hard one as well i think. The processor I use is Stripe i did cloak it, it's been fine and I have instant payouts but I don't think it's going to hold out much longer and they easily hand out KYC info. I don't know if I should look for stealth accounts or another payment processor or even where I can buy a stealth account, I would have no problem setting up cloaks across multiple accounts on multiple payment websites with redirect flows and it doesn't really hurt my conversion rate. I'm happy to answer any questions you have about the cloaking or marketing side and would appreciate any help on the tax and payment side.
 
Which country are you operating your business?

What is the category of the physical product that you are selling on your store?
 
honestly at 100k a month stealth accounts are going to get burned fast anyway... stripe and banks flag everything once you hit those numbers. you need a proper structure like a uk ltd or us llc if you want to actually keep that money otherwise it's all gonna get frozen eventually
 
How can I learn from you? How can I communicate with you? Marketing is where I fall short; everything else is fine.
 
How can I learn from you? How can I communicate with you? Marketing is where I fall short; everything else is fine.
 
at that revenue level i’d honestly sort out the company, taxes and payment setup properly first. $100k/month is way too much to risk on accounts getting frozen randomly.
 
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