Retailers Forum Magazine AUG 2014 | Page 78

FORUM WORKSHOP Forum Workshop 7 8 • A U G U S T 2 0 1 4 Social Security & Unemployment Tax Employers like to ignore this to their detriment. These figures will be a percentage of your payroll. If you miss a payment, the government can close you down. Donʼt get taxes confused with working capital; keep it in the bank, along with the sales taxes you collect, so you can pay it w h e n due. Supplies for Production f & Inventory Costs Find out what supplies you will have to buy, right away, to produce a product if you are in a service or manufacturing business. For retail, determine how much inventory you need in your store to attract customers. This is a good time to see what th e competition is doing, or use your professional knowledge, to estimate how much is enough. Talk to suppliers. If they T think you are a potential customer, youʼll be surprised how much information they have about how much of what you will need to get started. They want your business and they want you to succeed. If you do, theyʼll have a new steady customer. continued.. Fragrance Oils, BOdy Oils, incense sticks & candles www.vdimporters.com hem Incense Sticks More than 200 fragrances in stock $2.25/box Tealight Candles $.65 ea Body Oils $1.75 ea Electric aroma Lamps $3.25 ea Stone pyramid $5.00 ea Full Line of F O R U M Nag Champa Products $7.99 ea Se habla eSPañol eSP Mention Code RF10 and get 5% discount Phone 305-620-2006 Colored Incense Sticks Premium quality (11’’) for 100 sticks aroma Lamps Wood Incense Box $2.50 ea aroma Lamps Divine aroma Oils $1.25 Largest Selection of Aroma Lamps, Incense Burners in Stone, Wood and Ceramic $2.25 ea VD Importers Inc. mIamI FL Tower Burners $2.50 ea Want More Info? Circle #26 on page 11 • www.Vendor411.com