2007-06-24 19:02:57 · 3 answers · asked by pimp48879 2 in Business & Finance ➔ Small Business
Wholesale is the way manufactures or growers sell to retail business.
Say you made ice cream scoops, can openers and other kitchen gadgets you would sell them in large lots maybe to someone who would sell them to a retailer. Since you didn't have to deal with customer, have retail stores or any of that you can sell them at cost plus a mark up. Then the retailer buys from you not paying sales tax because he isn't the user. He stocks his store, advertise, deal with people who are just looking and buyers maybe answering questions. He will sell them for what he paid for them plus a markup and charge sales tax since his customers are retail it is taxable. The retailer also buys from other manufacture's wholesale to stock his store.
2007-06-24 20:17:33 · answer #1 · answered by shipwreck 7 · 1⤊ 0⤋
Wholesale are prices you pay that retailers generally pay for. You get a discounted price for buying in larger quantities. Also, I have agreements with wholesalers in San Diego that exclude paying tax for when I make purchases there.
2007-06-24 19:14:06 · answer #2 · answered by Moy Emrick 2 · 0⤊ 0⤋
people sell things whole..... its common sense. you buy more than you get at cheaper.
FERGALICIOUS LOVE.
2007-06-24 19:13:58 · answer #3 · answered by FATTYBOLOGNA! PAPASAN! YUMBO YAK 1 · 0⤊ 0⤋