ONLINE BUSINESS - NOW YOU'RE COOKING WITH GASīut wait, there's more! You are saying that you are also going to be selling on Amazon? In that case, you're not just a street vendor. Hey, I didn't make the rules, I just follow 'em. Why? Because rules are rules, baby! If you wanna sell your wares on the streets, farmers markets, flea markets, festivals, or any other outdoor venue, you need to play by the government's rules. So in addition to the seller's permit, you're gonna need a vendor's permit. VENDOR'S LICENSE - BECAUSE RULES ARE RULES Now, I know what you're thinking - "Can't I just bake the tax into the price of my wares?" Sure, you can do that, but you'll still need to pay the government their fair share.Ĭurrently, the sales tax rate is an average of 6%, plus a discretionary sales surtax rate. So, you'll need to collect that tax when you make a sale. Whether you're selling merchandise, food, or anything else tangible, you're gonna be subject to sales tax. SELLER'S PERMIT - BECAUSE THE GOVERNMENT WANTS THEIR CUTĪlright, so you might be asking yourself, " Why do I need a seller's permit?" Well, my friend, it's simple - the government wants their cut. Yeah, it's a pain in the butt, but trust me, it's worth it. Hey there, fellow entrepreneur! Are you ready to take on the wild and wacky world of street vending? Well, before you start slinging tacos and hawking handmade jewelry, you're gonna need to get yourself a vendor's permit and a seller's permit. STREET VENDORS: CREATING A SIDE HUSTLE LIKE A BOSS
0 Comments
Leave a Reply. |