Forum Super Hero
Yes the budget is minuscule. I'll pass it on to Barbara.
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As I said in my post to Gene I am new to importing so my experience is limited however I'm fairly certain that you pay taxes on the total invoice minus shipping & insurance so yes only on the value of the goods.. I'll check out the link you provided to the wholesale forums. I have a US supplier who will drop ship anywhere in the US but because they sell their own goods through Ebay & Amazon they will do so only once I've established an ecommerce website. Ultimately I'd want to import my own private labeled products.How does it work your end pigsinzen, importing from china, i mean you pay duty and or taxes at point of entry, but do you only pay duty/tax on the value of the goods, or the whole invoice, here they include shipping.
Gene, I would never assume the expertise to give business advice that you are seeking. But I have been selling on eBay for a few years, making around $10,000 a year (until this Christmas when the bottom seemed to fall out and I had to reduce prices). I sell collectibles, i.e., bronze statues, porcelain, rare books, that sort of thing.Of course, new businesses hit rough marks. The very first order came quickly. But the package, sent via USPS Priority Mail, is in "In Transit" hell and never reached the customer. So Barbara will probably have to send a replacement, and hope the insurance claim will be paid one of these days.
But the real craziness occurred when we auctioned off a designer leather jacket owned by my recently-deceased brother-in-law. The winning bidder on eBay disappeared and never paid for the item, so it has to be relisted. Sigh.