Thanks Thanks:  0
Likes Likes:  1
  1. #1

    Join Date
    Aug 2012
    Location
    Desloge, MO
    Posts
    4,635
    Post Thanks / Like

    Just FYI: The difference between Retail Wholesale and Genuine Wholesale

    Hi, yawl!!

    A genuine wholesaler will require your Business Tax ID. You won't even be able to see prices unless you have been accepted by the company, which they will do after they are provided with the retail tax ID that you get when you register your business with your state.

    Just thought I'd share that with yawl cos I see lots of companies online who advertise that they wholesale to the public or that they are a wholesaler.

    Happy Crafting,
    Landon
    Last edited by Landon; 10-03-2012 at 09:43 AM.

  2. #2
    Barbara G.'s Avatar
    Join Date
    Sep 2011
    Location
    United States
    Posts
    16,750
    Post Thanks / Like
    Yes, you have a state number to get for sales tax. Then, you can get a federal tax id number for your business from the IRS if you live in the United States. It is not really that complicated and does not cost you anything to get one.

  3. #3

    Join Date
    Aug 2012
    Location
    Desloge, MO
    Posts
    4,635
    Post Thanks / Like
    Here the State costs money, the Federal ID doesn't. But paying the taxes.........that's another story, LOL

  4. #4
    Maryjane's Avatar
    Join Date
    Jan 2012
    Location
    Upstate NY
    Posts
    3,565
    Post Thanks / Like
    I have a tax number because I sell things and must coolect sales tax! I've been to some of those wholesale sites too! Usually you have to buy a whole lot of one thing, say a case in order to save alot of money!! It's usually far more things than I want at one time!

  5. Likes Landon liked this post
  6. #5
    crochetgal's Avatar
    Join Date
    Oct 2011
    Location
    Arizona, USA
    Posts
    562
    Post Thanks / Like
    Many people will confuse getting things at wholesale prices vs buying wholesale.

    I purchase many items wholesale because I actually can use a full case of beads or 200 balls of the same yarn.

    But there are many places that will let you purchase at 'wholesale prices' where you can purchase small quantities that are deeply discounted.
    Crochetgal on Etsy - Beautiful yarns, affordable prices

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Log in

Log in