Choosing a Handbag Supplier for Fashion Boutiques and Gift Shops

Designer handbags, fashionable purses, women’s hats and accessories have become very popular in the past few years. Gift shops, fashion boutiques, and retail designer stores have jumped at the trend to stock their establishments with merchandise in this category. How should a merchant choose their wholesaler to supply them with quality goods at a fair price?

Wide Selection of price points

Not all fashion accessories and handbags are priced equally. While many bags and purses retail in the $40-50 range, there are lots of designer hand bags that can sell for $150 and higher. Many retailers earn more profits from the high end bags, as the wholesale prices of handbags and accessories are 40-50% below retail price.

Quality Merchandise

Be sure the supplier has 1st cut goods, which is the industry speak for top quality. Not all handbags are of similar quality. There are bags selling for $40 that can last a year or longer, while some selling for $250 can fall apart in a few months. A retail establishment’s reputation is dependent on the quality of their merchandise. Don’t fall in with a poor wholesale handbag supplier because of their marketing tactics if their goods won’t make the cut.

Choice of Styles

Hand Bags and Purses come in a wide variety of styles. There are different materials that make up the bags, such as canvas, leather, fabric, suede, and even straw for the spring and summer months. Then there are the endless array of styles, such as clutch, hobos, cross body, strapless, and totes. Bags also come in a huge variety of designs, with sequins, beads, embroidery, and stitching. it pays to choose a supplier that can offer a huge selection of styles so the store can have a reliable source of products that their customers will be looking for.

Wholesale discount price

Fashion accessories are known for extreme variation in pricing, and wholesale handbags are no different. Choose a supplier that is also a direct manufacturer, so they can pass along the savings directly to the retail establishment. Find a wholesaler that will sell low minimum quantities to retailers, so the savings are available even when purchasing a minimum quantity of bags.

Reputation

It doesn’t pay to stock what is referred to as “replica bags”, or cheap imitations of designer brand name handbags, such a Gucci, Coach, or Pravda. These iconic brands command a high price, and no one will be fooled paying $20 for a top name hand bag. All that does is dilute a store’s reputation and honor. Choose an honest supplier that has their own brands, or buy from a licensed vendor who is authorized to sell brand name wholesale handbags.

Retirement Planning – IRA and 401k Rules, 401k Loans, and Limits

As with a lot of people, I am currently debating how I should invest my retirement funds. However, to get the best from either, it is important to understand both the IRA and 401k rules as they apply to retirement planning.

First of all, I have considered the company 401k plan. This is, in essence, very similar to the Traditional Individual Retirement Accounts (IRA) – which will be covered a little further on – certainly with regards to tax limitations and so on. All contributions are invested, before the withdrawal of taxes. Subsequently, the Adjusted Gross Income, (AGI) is lowered, allowing a tax break immediately. The invested money will not be taxable until it is withdrawn upon retirement. It is possible to withdraw the investment early, but there are restrictive penalties for this. 401k loans can be made, but there are certain things that must evaluated.

The annual contribution is limited each tax year. Currently for 2009, this is set at $16,500. In 2008 it was limited to $15,500. The limit for 2010 will be announced by the IRS in October of this year, and new 401k rules dictate this will be linked to inflation. There are also additional contribution rules for the over 50s, where an additional $5,500 is allowed to be invested, over and above the previously given limits.

One major benefit to take advantage of with 401k rules is the potential company match offered. This allows the employer to match a defined percentage contribution of the employee’s total salary. Percentages vary, and are decided internally, but whatever this limit is set at, results in free cash to the fund. Also, 401k Loans are available, which are not available for IRA counterparts.

So next, I looked at the IRA rules, and how these best suit me. There are two types of IRA: Traditional and Roth.

As with the Company 401k plan, traditional IRA money is invested with the benefit of tax deduction, thus lowering the AGI and giving an immediate tax break. But again, the stiff penalties for early withdrawal and taxable when withdrawing need to be carefully considered.

With a Roth IRA or the Roth 401k, taxes are not tax deductible. This of course appeals, as no taxes are due upon retirement. However, as with the traditional plan and the 401k rules, stiff penalties will be imposed if taking early withdrawal.

A major difference that both IRA and 401k rules dictate is the inability for a company match, due to their being individual investment plans. Limits for both IRAs also differ according to age. Currently, the limit is $5000 for the under 50s, and $6000 above this. Again, limits are announced in October, and are now to be linked to inflation rates.

The IRA & 401k rules given here are just the basics, and are indicative of a common thought process. Before deciding which plan to run with yourself, it is highly recommended that you spend some time with an Independent Financial Advisor, or other qualified professional, to best understand your personal circumstances. Despite the global uncertainty, investment is always going to remain the best policy for money throughout retirement.

Find the Best Places to Rent Apartments in Baltimore

Apartments would be the first choice if you are single and there are enough safe Baltimore apartments, if you look around. Baltimore is one of the best cities to live in and is known as the cultural centre of America. Baltimore is found in the center of Maryland.

Good Baltimore, Maryland apartments can be found in suburbs like Glen. Glen is one of the oldest neighbourhoods found in north-western Baltimore. In fact, this neighbourhood has been listed in the Baltimore Sun and is one of the better places to either rent or buy apartments. They have parks, places of worship and even a welfare association which looks after the betterment of Glen. The housing system offers you independent homes, apartments, senior citizen friendly apartments and much more in various styles.

If you are into bar and pub hopping, are young and a professional who just moved into the city, then you should be looking for Baltimore apartments in Canton. Canton is essentially a place where there are affordable homes with all amenities found around. You can find a variety of cuisines such as Mexican food, pizzerias and even Starbucks. Patterson Park, in south of Baltimore is considered to be its backyard. It has been continually striving to better its neighbourhood and has few of the most affordable apartments in Baltimore. They have fields for a variety of sports such as softball, football, tennis, ice rink, etc. They also have walking paths and a swimming pool. For those culturally inclined, an outdoor theatre and music should satisfy them.

If you are a student and you are looking for Baltimore apartments for rent, then you should be heading towards the northern side which has major Maryland universities, like the Loyola University, Maryland. All those who are looking for an upper middleclass neighbourhood should also be heading here.

Federal Hill is another neighbourhood to look for Baltimore, Maryland apartments and you could move into if you are very particular about a highly clean neighbourhood. This is essentially a family-friendly area which can keep your kids and dogs very happy. A couple of restaurants, boutiques and bands playing over the weekends are what this neighbourhood has to offer. The harbour is located at a walking distance, so you could just walk up to it and relax and unwind. Apartments in Baltimore area is particularly known to be safe, hence would be ideal for families with kids.

These are just a few places where you can find Baltimore apartments for rent and are very convenient whether you are single or with a family, working or a student.