How to close your store and determine your billing- After you conclude your store, simply call us to close the store.
- Your billing is calculated by subtracting your profit percentage from your total cash sales. (Do not count the Kid Bucks used when counting your total sales.)
- The balance is what you owe for your merchandise if you choose to return the leftovers to us. (Minimum 50% purchase required) You may want to keep the leftovers though, so read on to learn your options.
Here are your options. You do not need to decide on your chosen option until after your sale is over: Consignment Option: If your sale went fair, then you keep your profit from your desired markup, and send us the remaining balance in payment for your merchandise. To return your leftovers:
- You tell us exactly how many boxes you have to return. (Please repack in as few boxes as possible)
- We issue UPS call tags and fax them to you. When the call tags arrive, you tape them on the boxes and have UPS take them away the next time they come for a regular delivery.
Buy-Out Option: If your sale went great or you want the remaining items to use for learning incentives, as carnival prizes or to repackage into baskets for auctions or raffles, then we offer our Buyout Option. This option allows schools to purchase everything at a 20% discount. It’s a great way for you to make higher profits without the need to have high prices.You keep the remaining merchandise to use as you want. We have the easiest, most organized and best program available!!
Click on a box for more informationCall 1-877-384-9653 to speak to a friendly SchoolPals Representative.
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