What You Should Know About Running Your Business
If you have a new business and plan to use SNEDCO Wholesale as your drop shipper, here are some things you should know about running your business.
How do I keep track of my account?
Just like a checking account, you might want to keep a ledger and enter all transactions as they occur. In that manner, you can track the amount you paid for your orders through SNEDCO Wholesale. Make a separate list for merchandise costs and shipping charges. If you need to, you can login to your account at any time to view previous orders for at least the past 24 months on the SNEDCO Wholesale website.
What about taxes?
All tax questions should be referred to your State Tax Board, due to varying laws state to state.
What about business licenses?
Check with your City Hall for local requirements. If required, business licenses are always inexpensive and simple to obtain.
Can I still run aBusiness if I’m disabled and can’t leave my house?
A disability doesn’t mean you can’t use the SNEDCO Wholesale products or drop shipping services to generate income! Several programs, including Mail Order, Internet Marketing, Sub-Wholesaling, and Party Plan can easily be run from your home.
I’m on disability, how do I find out if running a business will affect my benefits?
Check with an accountant or the State Disability Office to learn about any conditions or restrictions.
Can I get UPC barcodes on my products?
SNEDCO Wholesale is able to put a UPC label on each of the merchandise boxes, not the actual merchandise itself. The UPC label will include the barcode. SNEDCO Wholesale does offer “free” UPC bar coding providing the following requirements are met:
– 1. SNEDCO Wholesale has your company vendor # on file.
– 2. Your order must be at least $500.00.
– 3. Special handling instructions are appropriately noted and communicated. Again, The UPC labels are placed on the merchandise boxes NOT the actual merchandise.
I live in Canada. Who can I call to ask about taxes and laws for running a business?
You can contact Revenue Canada to answer all your questions regarding Canadian taxes. Or, you can click here
This site is the Business Start-up Assistant where you will find essential business start-up information from the federal and provincial governments, as well as many other resources for starting a business in Canada.