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  • Kamis, 02 Februari 2023 | 15:24

How to Buy Wholesale Clothing

When you purchase clothing wholesale, you're usually able to get it at much cheaper prices than consumers would at store. However, buying wholesale typically means buying in bulk, which is why it's usually only done if you plan to resell the items in a store or online store. Buying clothing wholesale usually requires having a wholesale license and involves tracking down wholesalers who provide the type of clothing that you're interested in. Once you've found the wholesalers, though, coming up with the right purchasing strategy is key if you want a successful business.

1.Getting a Wholesale License
Determine whether you need a wholesale license. In some countries or jurisdictions, you need a license to purchase wholesale clothing and other items. However, you only really need the license if you’ll be making large wholesale clothing purchases on a regular basis, such as for a store or online shop.[1]
Check with your region’s department of taxation to determine what the requirements are for a license and how to apply for one.
If you don’t plan to sell the clothing that you buy wholesale, you usually don’t need a wholesale license.

2. Register your business
In most jurisdictions, you’ll need to have an official business before you’re granted a wholesale license. Contact your country’s department of taxation to determine what the necessary steps are, so you’re legally allowed to conduct business.[2]
If you’re unsure where to start when it comes to registering your business, it may help to talk to a lawyer.
In many areas, you can register your business online, so the process takes 10 minutes or less. However, the registration for more complicated business structures may take 1 to 3 months to process.

3. Check to see if you need a sales tax license. 
If you plan to sell the clothing that you buy, you may need to get a sales tax license before you can obtain a wholesale license. Check with your local department of taxation for sales tax requirements and how to apply for a sales tax license.[3]
While you can often apply for a sales tax license online, it can take 1 to 4 weeks for the application to be processed.
There is usually a fee for a sales tax license.

4. Apply for a wholesale license. 
Once your company is registered and you’re legally able to sell goods, contact your local department of taxation to officially apply for a wholesale license. You’ll usually need to supply the name of your business and its taxation information, as well as pay a fee.
 

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