With a drop shipping business, you set-up a digital storefront, process orders, and have a supplier ship the goods directly to your customers. With a drop shipping business, you don't need to manage a physical inventory; however, you do have to keep on top of your booking right from the start.
#1 Keep Track of All Expenses
First, you need to keep track of all of your expenses. With a digital business, there is a high likelihood that a lot of your receipts are digital.