Retail Business Plan Example

Can i order from a floral wholsaler with a simple business privilege license for retail?

I have a business…it has nothing to do with flowers. But i have a retail license nonetheless. I should be able to order supplies that aren’t necessarily for resale correct? If i am planning a huge event for my business, i should be able to use my license for supplies for floral arrangments rather than paying an actual florist, for example, correct? As long as it is business related, i should have no problem with opening accounts with wholesalers, right? Or do i specifically have to be a florist to buy flowers wholesale?

If you buy products for end use you have to pay sales tax or use tax on the purchase. Yes, you can buy the materials at wholesale prices from a wholesaler, but you will have to report and pay taxes.

You can open accounts with any potential vendor, that is not an issue, but if you don’t resell the merchandise you buy from a wholesaler, you have to pay taxes on it.

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