Newbie Question

Hi guys,

I am working on my ecommerce project right now. If you have a minute or two, please help me with my questions.

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1. If you are drop-shipping, does that mean that you don't need suppliers and storage?
2. If I would like to sell branded items on my website (e.g. Nespresso coffee), would I get sued since I am not their official distributor? Hence, do I need to obtain permits from certain companies if I am trying to sell their products?
3. My budget is $3k to $5k, I can throw in a little more if it would help to stay afloat. Therefore, my question is what would be a good starting budget for an online shop?

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Thank you all!