Is There A Set Percentage To Mark Up The Prices For Merchandise? Also, If I Can Get A Discount From A Vendor For Purchasing A Higher Volume, Do I Sell It At A Discount Or Should I Sell It At The Price I Had Before The Discount?
A mark-up can vary depending on your overhead costs. Higher overhead would require a higher mark-up. Always sell your merchandise for as much as the market will bear. If there is a higher perceived value, people will pay more. The discount from the vendor means more profit in your pocket.