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View Full Version : consignment ?- do you use a contract?
Soy Candle Gal
12-05-2005, 04:49 PM
Question for those of you who have retail outlets selling your candles on consignment:
Do you have a contract that you use? Also, come tax time is that considered my inventory or accounts receivable?
I have a flower shop and a beauty shop that are going to sell them for me on consignment and just wondered about this.
Do you have a contract that you use? Also, come tax time is that considered my inventory or accounts receivable?
I have a flower shop and a beauty shop that are going to sell them for me on consignment and just wondered about this.
UNcommonScents
12-05-2005, 04:55 PM
Hi Debra!
Have you thought about presenting this as a wholesale opportunity for
these
businesses? That way you could make residual income on their purchases
and build your downline. I have a few great word documents for doing
this-
one is a letter to propose the opportunity, and the other is a contract
template for doing wholesale with businesses. LMK if these could help
you.
Isn't it wonderful that our company allows for so many different ways to
do
business?! smileys/smiley4.gif
DREAM + BELIEVE = ACHIEVE!
--Kitt
Have you thought about presenting this as a wholesale opportunity for
these
businesses? That way you could make residual income on their purchases
and build your downline. I have a few great word documents for doing
this-
one is a letter to propose the opportunity, and the other is a contract
template for doing wholesale with businesses. LMK if these could help
you.
Isn't it wonderful that our company allows for so many different ways to
do
business?! smileys/smiley4.gif
DREAM + BELIEVE = ACHIEVE!
--Kitt
iluvsoycandles
12-05-2005, 04:57 PM
Hi Deb, if you email me @ iluvsoycandles@yahoo.com (iluvsoycandles@yahoo.com), i will send you a consignment contract. All you need to do, is enter your info.
The shop that is consigning will collect tax for their tax purposes, but i am not sure the definte answer on that. I would email charlie at charlie@scent-team.com (charlie@scent-team.com). He will get you the answers you need on that!!
HTH!! smileys/smiley2.gif
The shop that is consigning will collect tax for their tax purposes, but i am not sure the definte answer on that. I would email charlie at charlie@scent-team.com (charlie@scent-team.com). He will get you the answers you need on that!!
HTH!! smileys/smiley2.gif
Soy Candle Gal
12-05-2005, 05:14 PM
Hi, I already proposed the opportunity, but I think they want to play it safe first and try it out this way. If the candles are selling like mad I will bring it up to them and let them know the $ they are missing out on.
I would love those documents and contracts I will email you both. Thanks!
I would love those documents and contracts I will email you both. Thanks!