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FAQ + Answers
Frequently Asked Questions
General
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What exactly is an Amazon FBA business?
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Are you affiliated with Amazon?
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Do we only build stores on Amazon.com? How about other countries?
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How long does it take after onboarding to buy inventory and product launch?
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How many people work for Wealth Assistants?
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Where do you get your AAA accounts from?
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How long has your oldest store been in operation for? What are its numbers?
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How do you find a specific store on Amazon?
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Do any of you have any type of education or licensing to do this?
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What was the name of Noah’s ecomm consulting company before Wealth Assistants?
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What happens if WA goes out of business and I try to exercise my store buy back clause?
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How many partners/stores do you have?
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How long has Wealth Assistants been around?
Store Management
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How many stores can someone actually own?
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If I have a bulk order and my product stops selling, what happens?
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Do I have a say in the products my store has?
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How many products will my store start with?
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Why FBA is so much better than FBM/dropshipping
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How are these mini-bulk orders rolling out with clients?
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Am I able to log in to my Amazon Seller account and see how my store is doing?
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Do you have warehouses?
Financial
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If I exercise the buy-back clause, what happens to any extra inventory I’ve purchased?
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Why is your set-up fee so much higher than your competitors', and how is that broken down across your operations?
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Does WA earn any profit when partners purchase inventory through us?
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Is there a limit to how big you can grow your Amazon store? What are those numbers?
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Alternatives for acquiring funds?
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How much will I have to spend on inventory each month and how much can I expect to earn back?
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What are your financing rates?
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What type of financing is it? Installment loan? Revolving line of credit?
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Who is your financing through?
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Can you explain your money-back guarantee?
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Is the money-back guarantee based on actual profit to the owner based on their split, or total profit from the store as a whole?
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How much working capital do I need per month in year 1 to work towards 10k/month?
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What does the $2,500 annual fee go towards?
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What does the set-up fee go towards?
Taxes
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How do sales tax fit into the picture when it comes to sales by my store?
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For the invoice that WA sends to the client each month, how is it viewed from a tax standpoint?
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Can you send me a w9?
Business Formation
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Can I sign the service agreement AS my holding company or LLC?
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LLC formation and Amazon seller account fee is included in our set up fee?
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Does having an LLC speed things up?
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