You don't committal to be a financial guru to be able to obtain wholesale to resell, on the other hand you Testament longing to catch interest of a hardly any light legal details antecedent. As a retailer, you posses to intelligence to cause Income and much create a living by selling anywhere, yet outside of your own living extension. Sure you can always flying start a store, either in a rented amplitude or on your own Lacework stop. As a retailer, you Testament occasion to be organised and grip detailed records of your spending and earnings.
Instructions
1. Apply for a tax ID number and a reseller license by filling out a form at your state's Department of Taxation and Finance if you live in the USA. You can do this in person, on the department's Web site or over the phone.
2. Analyze the demand market to see what your potential customers will buy and at what prices. You need to do this so you can see what prices your competitors are selling at and to ensure that people will buy from you. You will also be able to see what kind of a profit you will be able to receive and price your goods accordingly.
3. Present your tax ID number when you purchase from a wholesaler. The benefit from having a tax ID number is so you don't have to pay sales tax when you purchase your goods, and you can lawfully collect taxes when you sell them.
4. Make fliers and business cards to help spread the word about your retail business. You can also sell your goods at flea markets and out of your own home.
You can even buy ad space in your local newspaper.5. Sell your items at trade shows and online on auction sites or other seller Web sites. Another thing to do would be to purchase your own domain and sell from there.
