Wholesalers

2qk4u

Im looking for any wholesalers who will sell to me without a VAT number. Im looking for products to sell at markets.
If anyone can recommend any wholesalers or has any advice on products let me know, Thanks.

suey71

Op this is a very vague post.

What is it you hope to sell? Do you know what you hope to sell?

Have you approached any wholesaler yet?

Has any wholesaler refused to do business with you because of the lack of a VAT No.?

You should figure out what you want to sell and then approach a wholesaler. email them, tell you want to stock their product and can they give you their wholesale pricelist. Every wholesaler that I have approached has been more than happy to give me their wholesale pricelist and I don't have a VAT No. yet.

Good Luck.

Best Price Accessories

Hi, once your turnover for a given year is below a certain threshold (check out the revenue website - i thin it can be as high as 75k) you do not need to be VAT registered and so wholesalers should be happy to sell to you.

mayfire

Best Price Accessories wrote: »

Hi, once your turnover for a given year is below a certain threshold (check out the revenue website - i thin it can be as high as 75k) you do not need to be VAT registered and so wholesalers should be happy to sell to you.

That is correct. You don t have to have a VAT number for wholesalers to sell to you. They will still charge you VAT and you have no way of reclaiming it but there is nothing wrong or illegal about not having a VAT if your turnover is under €75k (or €35k in the case of a service).

91011

probabl;y best to register as a business name - you'll have a business name certificate & most wholesalers will be happy to deal with you then.

Cost is very small.

Tav

2qk4u,

All above is correct and registering a business name should get you around the problem of registering with wholesalers.

There is a plenty wholesale companies around Ballymount and Park West, you just need to visit them one by one and see if there are any min purchase restrictions.

2qk4u

Thanks for the advice everyone, sorry I was so vague.
As for what do I want to sell, now that is the question. Im thinking cheap costume jewelry and accessories, toys, household goods ect. I need to start with small cheap items due to lack of cash flow and once I start to make money Ill reinvest it in stock.
I have to call into a guy that makes bleach, washing up liquid and other cleaning products and Ive bought some jewelery from china and the uk.

I cant go selling in the markets just yet due to lack of stock so Im selling whatever I can get via ebay, internet, word of mouth ect to generate funds.

All advice welcome.

J_Wholesale

Best Price Accessories wrote: »

... you do not need to be VAT registered and so wholesalers should be happy to sell to you.

That's not always true. Many wholesalers insist on a VAT number as a mechanism to filter out small buyers / start ups. We don't do that ourselves, but if the wholesalers intention is to sell only to established businesses, or to businesses in a position to spend real money, then filtering based on VAT number is a quick method of eliminating what can be a resource hogging small percentage of low spenders. Again, not saying I agree with this approach, but it does happen.

My advice: look online. That's where we advertise and where we get most of our new business from. Irish retailers are a step or two behind their UK counterparts when it comes to sourcing suppliers online.

2qk4u

J_Wholesale wrote: »

That's not always true. Many wholesalers insist on a VAT number as a mechanism to filter out small buyers / start ups. We don't do that ourselves, but if the wholesalers intention is to sell only to established businesses, or to businesses in a position to spend real money, then filtering based on VAT number is a quick method of eliminating what can be a resource hogging small percentage of low spenders. Again, not saying I agree with this approach, but it does happen.

My advice: look online. That's where we advertise and where we get most of our new business from. Irish retailers are a step or two behind their UK counterparts when it comes to sourcing suppliers online.

Thats excatly why I asked the question, i can see why they operate that policy.
I have sourced a lot of products online in the UK, have not bought much yet but will soon. Only problem is extra expense of delivery costs.

suey71

Be careful of exchange rates and Paddy taxes when sourcing from the UK.

Some UK suppliers I've been in touch with have an exchange rate that is a lot higher than the going rate.