This Week's Newsletter
 
  • Tradeshow Calendar Updates
    Check and see if a product wholesale tradeshow
    is headed to your area!

  • Insider Tips
    Tips, tricks and features to help you get the most
    out of our Directory of Certified Wholesalers.

  • Directory Sneak-Peek
    New Products Added! Browse thru a sample of
    the wholesale products from the Suppliers we
    added this week.



About Us
At Worldwide Brands, our passion is making sure Online Sellers have access to the same top quality (actual Supply Chain) Wholesalers that professional Retail Stores use. Watch our Video above.
This Week's Newsletter
 
  • Tradeshow Calendar Updates
    Check and see if a product wholesale tradeshow is headed to your area!

  • Insider Tips
    Tips, tricks and features to help you get the most out of our Directory of Certified Wholesalers.

  • Directory Sneak-Peek
    New Products Added! Browse thru a sample of the wholesale products from the Suppliers we added this week.



About Us
At Worldwide Brands, our passion is making sure Online Sellers have access to the same top quality (actual Supply Chain) Wholesalers that professional Retail Stores use. Watch our Video above.
 
 




On The Road Again...
Wholesale Tradeshow Calendar

Wholesale Product Tradeshows are a great place to see the latest products and even get an insight into upcoming trends. Even though some tradeshows can be expensive to attend (and require retailer registration info) you'll be able to see lots of legit Suppliers. Many of the Suppliers we list in our Directory of Certified Wholesalers have come from Tradeshow leads so you might even run into our Research Staff!



On The Road Again...
Wholesale Tradeshow Calendar

Wholesale Product Tradeshows are a great place to see the latest products and even get an insight into upcoming trends. Even though some tradeshows can be expensive to attend (and require retailer registration info) you'll be able to see lots of legit Suppliers. Many of the Suppliers we list in our Directory of Certified Wholesalers have come from Tradeshow leads so you might even run into our Research Staff!



DATE DESCRIPTION LOCATION
July 27-29, 2024 Dallas Men's Show Dallas, TX
July 28-30, 2024 Playtime New York New York, NY
July 28-Aug 1, 2024 Las Vegas Market (Furniture) Las Vegas, NV
Aug 4-7, 2024 ASD Las Vegas Las Vegas, NV
Aug 4-6, 2024 Curve NY New York, NY



Don't have time for Tradeshows?

As a Member of Worldwide Brands you don't have to go to Tradeshows to find genuine suppliers. We visit Tradeshows, Warehouses and more to find the best Suppliers for YOU. All you have to do is login and you can instantly search 100% genuine Suppliers from the comfort of your home. (Not a Worldwide Brands Member? Click Here to Join)



Don't have time for Tradeshows?

As a Member of Worldwide Brands you don't have to go to Tradeshows to find genuine suppliers. We visit Tradeshows, Warehouses and more to find the best Suppliers for YOU. All you have to do is login and you can instantly search 100% genuine Suppliers from the comfort of your home. (Not a Worldwide Brands Member? Click Here to Join)
 
 
This Week's Insider Tip
Self-Employed: When is Payday?
By Tisha Hedges, Director of Operations of Worldwide Brands


To read this article in its original format, or to comment, GO HERE.

Being self-employed is the ULTIMATE DREAM! Why work for someone else making them the big bucks, when you can work for yourself? But keep in mind that, most businesses don't start making money overnight. It takes time for your business to be solvent to where you can start reaping those rewards.

Starting Up to Be Self-Employed

When you are first starting an online business, it may not be enough at the beginning to immediately start paying yourself a salary. You have to keep operating costs in mind. Your business needs to pay for itself first. That way you aren't constantly digging a hole and keeping your business (and ultimately yourself) in debt.

You might also want to keep putting all the profits back into your business at first to help it grow. Other services that help boost your ecommerce business, are very helpful. These services have costs associated with them. So, when you first start-up, you may be saving up for these services instead of paying yourself.

It is important to keep overhead expenses down in the early stages of your business and ask yourself, how much compensation can your business really afford? You may have to make sacrifices and you don't want to pay out of pocket. So your business needs to be self-sustainable before you can even begin to consider paying yourself.

What do I pay myself if my business is self-sustaining?

 

If your business is making enough money to pay for the services to make it run, and you have considered the costs of services that you would like in the future, then you have some choices for compensation.

Pay yourself when you can...
Be reasonable and flexible and only take a small percentage of what your company can afford. Otherwise you may put your company in an unrealistic or unsustainable situation. You might be making money right now, but next month you might not make as much. Keep a comfortable cushion for operating costs.

Pay yourself the industry standard...
Your company is operating in the real world, so you should only pay salaries that are realistic. That means at or near industry standards. You can talk to other start up CEO's and get a gauge of what they pay themselves or what they paid themselves when they first started their online business. You can also check sites like http://www.salary.com for compensation information for your industry, location and job description.

Or Keep Putting It Back!

Postpone Payment...
Once you have decided what fair compensation is, you can postpone payment on your books, so when your company starts reaching a good financial level, you can start the payback. This is important for accounting. It gives you fair credit for the time you have spent, but it does postpone money that you can spend on your own needs.

Pay yourself more later...
This is a sensible, reasonable, common-sense solution. It shows smart management & dedication to your company for the long run. I have met many a new start up CEO's, and they would pay themselves one dollar a month as their salary during the initial start up phase. So it shows that they were taking a salary for the books, but would put the remainder as a "loan" or payback for accounting. Naturally, they'd maintain their other job in order to be able to accept a measly one-dollar salary!

Deciding what to pay yourself also sets the standard for your company. If you decide in the future to take on investors or hire employees, what you pay yourself will reflect how you run your business, and affect your employees' salaries as well. Especially for employees that are there with you at the start, and continue to help or completely run your business for you after a time.

Compensating fairly, shows good business sense. So keep your hand out of the cookie jar!

 
 


Directory Sneak-Peek
Wholesale Products Added This Week!
We are always working hard to find our Members the BEST possible Wholesale Drop Shippers and Bulk Distributors. Here's a small sample of the latest Certified Wholesalers our Research Team added to our Directory of Certified Wholesalers this past week...

Pet Supplies

Tools & Hardware

Clothing, Shoes & Accessories

Baby & Maternity

Clothing, Shoes & Accessories

Food & Drinks

Sporting Goods

Sporting Goods

Clothing, Shoes & Accessories

Home & Garden

Sporting Goods

Sporting Goods

Health & Beauty

Business & Industrial

Home & Garden
(Note: This is only a small sample. Login to see ALL New Suppliers added this week.)
 
 


Helpful Ecommerce
Trusted Service Spotlight
We ONLY recommend Services we know and TRUST. In fact, some of the services we recommend we don't take any commissions. We do it because we know it's a services that can really help you. If you are looking for the help they are offering then you should check them out. They are places you can trust.
Protect Your Home


Don't use your home address for your online business! Protect yourself by getting a mailbox with a non PO Box address.

Your business will look more professional with a professional sounding address! The process is easy…

Step 1: Choose a location for your address
Step 2: Pick your service plan
Step 3: Manage your mail!

Click the link for more info! 

Get Legal


If you are going to setup as a LLC or a Corporation to protect your personal assets, then it is recommended to use a professional. In fact, in many cases, you HAVE to as a registered agent for your biz. Many states make this a legal requirement!

This is where we MUST introduce MyCorporation  to you. We have recommended this trustworthy company for over 20 years now. They have helped thousands of our members get their business legal and are continuing to help them keep it up to date! 





Get Legal


If you are going to setup as a LLC or a Corporation to protect your personal assets, then it is recommended to use a professional. In fact, in many cases, you HAVE to as a registered agent for your biz. Many states make this a legal requirement!

This is where we MUST introduce MyCorporation  to you. We have recommended this trustworthy company for over 20 years now. They have helped thousands of our members get their business legal and are continuing to help them keep it up to date!