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Sales: 1. As a general rule, mark up your items 2-3 times for cost. Be sure to calculate the cost of shipping and your other expenses into the cost of a single item. 2. Put a price tag on every item in your inventory. Some states require you to indicate sales tax if you are selling with “tax included.” 3. Tax laws differ from state to state regarding flea markets. Be sure you know your state's sales tax laws before you begin selling. You may have to obtain a business tax i.d., pay state and/or federal income tax, or display your business license in your booth. Some states offer temporary licenses for single shows, while others will require you to pay an annual tax amount. 4. Make yourself a check list of the items you need to bring for the business side. If you’ve never sold at a flea market before, here are some of our customers’ suggestions that make sales easier: calculator or adding
machine and an extra roll of receipt tape |
