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Owned by Anthony

FBA Canadian Academy

444 members • Free

Amazon FBA community built for Canadians. $1.8M in sales from Montreal. Canadian sourcing, Keepa, taxes, ungating. Free to join.

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161.4k members • Free

353 contributions to FBA Canadian Academy
Question about credit card system
Just watched @Anthony Mancinis 4 credit system video and i have a few questions. If you’re only spending on each card for a week, are you maxing out each card within its respective week? Dont most banks suggest keeping utilization ratio under 35%? Im confused how to hit a spend goal with that bottleneck. So if i want to hit 50k/mo in rev, then i need roughly 25k/mo in available credit. But it isn’t as simple as having 3 cards each with a ~8k limit right? Considering the utilization ratio I would need a combined limit of like ~70k across my cards? thanks yall
0 likes • 6h
Really good question Paolo, and you're actually right about the bottleneck. Let me untangle it. First thing: the 4 card rotation is a float system, not a spending system. I'm not maxing each card in its week. The only reason I rotate weekly is so every purchase lands at the start of some card's statement window, which gives me roughly 45 days to pay instead of 14. How much goes on each card is decided by what I'm buying, not by how much room the card has. Second thing: you're right that most banks say keep utilization under 30 to 35%, and you're right that you can't do serious volume on regular credit cards alone without blowing past that. I'm not going to pretend otherwise. That's exactly why the system doesn't run on regular credit cards alone. Two other pieces do the heavy lifting. Charge cards. The Amex Gold and Platinum in Canada have no preset spending limit. No reported limit means there's no utilization ratio to calculate on them, so heavy inventory months don't touch your score the way they would on a Visa with an 8k limit. That's why my biggest inventory spend runs through Amex. The credit cards in the rotation are there for timing and for stores that don't take Amex, not for carrying the bulk of the volume. Line of credit! This is the piece nobody talks about and it's the one that actually matches the 4 card system. A personal LOC is revolving credit, so just having it open adds to your total available credit and pushes your utilization ratio DOWN across the board. And when you draw on it, you're paying single digit interest with no 21 day clock, versus 20%+ on a carried card balance. The cards give me float, the LOC gives me capital. Cards handle the timing of a purchase, the LOC handles the size of the operation. Now your 50k math. You're picturing credit as a bucket you fill once a month, but it's a wheel. You swipe, the inventory sells, Amazon pays you back what you spent plus profit before the card is even due, you pay it off, and that limit is available again. Shipping weekly means payouts roll in continuously, so the same dollar of limit can turn more than once inside a month. So no, you don't need 70k of card limits. You need enough regular card limit that one cycle of buying sits comfortably under that 30 to 35% line, a charge card to absorb the heavy spend, and a LOC underneath it all as the capital base.
Track It On Its Way Up
You sit down for two hours of sourcing. You open forty tabs. You run the numbers on maybe thirty products and you buy nothing. That night feels like a waste. It isn't, but only if you did one small thing before you closed those tabs. Here is the part nobody tells beginners. Most of the leads you kill are not bad products. They are bad today. The buy box is sitting low today. There are eleven sellers on it today. The source is out of stock today. Those are conditions, not verdicts, and conditions change. The seller who understands that is running a different business than the seller who doesn't. One of them starts from zero every single night. The other one has leads coming back to him while he sleeps. The rule is simple. Before you close a lead, write down the one thing that would change your answer. Not "maybe I'll check this later." A specific condition. If the product was worth buying at $29.99 and it's sitting at $24, the condition is the price. If the numbers are fine but there are twelve FBA sellers stacked on the listing, the condition is the offer count. If the product is great and the store is sold out, the condition is on the retailer's side, not Amazon's. Then you go set that condition in Keepa's Track Product and let the software do the checking. That's it. That's the whole system. Thirty seconds per lead. The mistake almost everyone makes The people who do start tracking usually set the alert at the perfect price. The listing sat at $32 historically, they want $32, so they set the alert at $32 and wait. Don't do that. You never want to track a product at its potential. You want to track it on its way up. Think about what actually happens when a listing recovers. It doesn't jump from $24 to $32 in an afternoon. It climbs. And by the time it hits the number everyone can see is a good number, every other seller with a tool is looking at that same listing. You also need time. Time to confirm the source is still live, time to place the order, time to prep it and ship it in. If your alert fires at the perfect price, you're already late.
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Essential questions
Hello everyone! I have a few beginner questions about Amazon FBM in Canada and would really appreciate your advice. 1. Is it okay to create an FBM listing before actually buying the product, just to make sure the auto-ungating works? For example, if I'm standing in a store and the product is right in front of me, can I list it first to verify that everything works (and that I can sell it), then immediately buy it if the listing is successful? 2. There's something I don't understand about FBM economics. Let's say I can buy a product for $4 and sell it on Amazon for $9, and after checking the market, the ROI, demand, competition, etc., everything looks good. However, I keep hearing that shipping with Stallion starts at around $7, and if Stallion isn't available, Canada Post can cost anywhere from $9 to $25. Wouldn't that completely wipe out the profit on low-priced items? How are experienced FBM sellers making money on products like these? Am I misunderstanding something about shipping? 3. What's the fastest way to estimate the shipping cost before buying a product for FBM? Is there a tool, calculator, or method that experienced sellers use to quickly know what shipping will cost? 4. Is there a guide or rule of thumb for what type of packaging should be used for different kinds of products? For example, when is a simple poly bag enough (without bubbles inside), and when are bubble mailers or boxes required? What about products like glass items, boxed groceries, bagged groceries, powders, liquids, or other common product types? I'd love to understand what packaging is generally expected for each category before I start buying inventory. Thanks in advance for any advice!
0 likes • 4d
1. Yes, but be very careful, if you sell and its OOS, youll be in trouble for canceling orders 2. Consistency is key, CP is too variable in their costs, hence why I recommend Stallion. If you don't have Stallion you can check out ship savvy 3. Experience tbh intelcom via Stallion will range from $5-11, most items land around $7 if in in the same coast line 4. Your packaging for the customer. There's no rules, so just common sense, how would you like to receive the product your sending. Easy spillage, polybag it, breaks easy? Bubble wrap it
Tax registration questions
1) Are we required to submit how much tax we paid quarterly one tax registered? 2) if we are sourcing / delivering products to both Ontario AND Alberta ( different sales tax)…..At the end of the year does Seller central show us all taxes paid together in both provinces? 3) Where exactly is that info in seller central found? 4) The fear of tax registration is around taxes being so much more complicated and costly if not filing myself. Where would i find ALL info needed in seller central to give to a preparer? Thanks for putting the number of the question you are answering!
0 likes • 13d
@Levi S @Dan Boire ive sold my fair share in the US and I can confidently say its way easier tax wise then canada lol. As in the US, amazon will handle the remittance of tax to the US states. And you paying income tax in canada are still allowed to claim inlut credits for refund on tax paid (assuming its canadian taxes). I used to receive 20k+ chèques from the government every quarter because id be spending taxes on cogs but collecting nothing because amazon would handle it. And theres reports for both the US side and the Canadian side
1 like • 4d
@Levi S yes I had a store selling on amazon dot Com All the goods were purchased here in canada Goods purchased in canada paying canadian taxes are reclaimable even if designated for sale in the USA Goods purchased in the US, even if paying taxes, are not reclaimable, as the tax portion goes to the US instead of canada. That goes for leads sourced in the US and sold here in canada. If you paid state taxes, thise are not reclaimble here in canada
Template for Sales Tax Bookkeeping?
@Anthony Mancini and others….was wondering if you could help making the record keeping less scary for a “spreadsheet dummy” 😬 by posting the template to use for sales tax record keeping? 🙏🏼🙏🏼🙏🏼
1 like • 7d
What you collected or what you spent? - What you collected, you gotta download reports, no escaping that (unless with ai) - What you spent, the best is to use something like quickbooks no line gets skipped. Its long... but the alternative is hiring a book keeper. Heres the template for when I buy, the tax colomns are pretty set to ON. https://docs.google.com/spreadsheets/d/1lUvqduROnHGFHrAa9fNJrp9gEkqoHmXX/edit?usp=drivesdk&ouid=112547587444762651612&rtpof=true&sd=true File>Make a copy
1 like • 4d
@Levi S if I had i would give it to you I promise. But like you, I get intimidated by the government lol one of my first big "expenses" was an accountant to help me. I have never dealt with the CRA/RQ personally, I have signed power of attorney over to my accountsnts and they do all the communication
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Anthony Mancini
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Active 5h ago
Joined Oct 27, 2025
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