step 1 Log into your account at PayPal. Step 2 Click on the link labeled "Profile" which you will find at the top of the page. It is the last link in the second row. Step 3 Choose the link called "Business Information" in the first column under "Account Information." When the next page loads, click the "Upgrade" button. Step 4 Fill out the form on the following page. They will require you provide information about your business such as the type and the name. You will also need to give them estimated average transaction price and monthly transaction totals. Step 5 Hit the "Save" button and your account will instantly be upgraded from Premier to Business.
Yes he has given a detailed explanation. There is no need to create for another account. You can upgrade it from personal to premier or premier to business.
In fact... it is 'Add Business Information'. You can locate the same under the 'Account Information' column! Regards, RightMan