Are you a home stager? You are most likely doing this because you want to use your creativity to decorate a home in the most attractive way possible. In addition, decorating something is quite fun and something many people absolutely love to do!
However, home staging is more than a hobby or a fun activity. It is a serious business, and being able to make a profit is the difference between a successful home staging business and one that falls short of your dreams!
How do you ensure that your home staging business turns a profit? Simple: by buying wholesale! To emphasize how that works, here are some reasons why wholesale buying can help you turn a profit:
1. Reduces costs
If you have ever purchased retail items like decor and furniture, you are typically paying extra. That is because the retail store needs to make a profit—and they sometimes mark up the price by about two and a half times! That is a lot of money that you can potentially lose.
Meanwhile, wholesalers sell at even half the cost you will find at retail stores. Even if you consider the shipping costs and such, that is still a significant amount of money saved—all going towards increasing your bottom line and making your business much more profitable.
2. Cuts down on taxes
The main benefit of buying from wholesale is that you can avoid paying state and even local taxes. You will just need to show your resale certificate as proof that you are exempt from paying said taxes. In turn, you will collect sales tax when you sell your products, in which the amount will be given to the appropriate entities.
While this may seem like a loss of money, it actually helps you save quite a lot in the long run.
3. Reduces wasted time
Having to physically arrive at a retail store and look at the products by yourself may be fun, but it definitely does not bode well in terms of saving time. Heading online to look at a large catalog is much quicker, not to mention having the products delivered to you straight to your warehouse. This helps you save a lot of time choosing and buying products and allows you to spend more time carrying out your services!
4. Earn extra cash through resale
If, by any chance, you decide to sell the staging products you own, you can do it easily at a profit. After all, by purchasing them at an incredibly low price through wholesalers, you can mark the price up to retail prices to make extra money.
5. Have access to different products
When buying from retailers, you will be limited to what they have currently. On the other hand, if you work with wholesalers, you have access to a wide variety of products—and essentially every single product out there that you can find. As a result, this simply means more products for you to choose from and for the clients to use to upstage their properties—it’s a win-win situation!
All in all, working with wholesalers will only benefit you as a business. From cost-savings ability down to access to more upstaging products, wholesalers are there to enhance your business, making you much more profitable to grow!
That being said, choose your wholesalers carefully. Not all are created equal, and you will want to work with those that offer high-quality products so that you can offer high-quality services to your clients.
Globe Imports is a wholesaler and importer of gifts and home decor, offering home decor shop owners, home staging companies, and other such businesses the products they need to succeed. If you are looking for a wholesale home decor vendor in Florida, work with us today!