START HERETHE SIMPLE VERSION

How to start a resale business: the simple version

Ten steps. No fluff. Read the field guide for each one when you're ready to go deeper.

  1. 01

    Pick one category

    Do not start with everything. Pick something you can learn and source again.

  2. 02

    Figure out where you will sell it

    Marketplace, storefront, ecommerce, wholesale, or a mix later. Start with one.

  3. 03

    Make one small buy

    Your first purchase is tuition. Do not make your first lesson a truckload.

  4. 04

    Track every dollar

    Purchase price, freight, fees, repair, delivery, and what it sold for.

  5. 05

    Separate the business money

    Open a dedicated business account and stop mixing personal and business activity.

  6. 06

    Get the business paperwork right

    Understand entity choice, EIN, sales-tax registration, and resale documentation. They are different things.

  7. 07

    Learn markup vs margin

    Do not run a business using the wrong percentage.

  8. 08

    Start keeping books

    You need to know revenue, COGS, gross profit, expenses, cash, inventory, and what you owe.

  9. 09

    Build trust before asking for credit

    Pay suppliers as agreed. Keep records clean. Terms and credit come after trust.

  10. 10

    Repeat what works

    Consistency is the business. One good deal is not.

Read the full field guide →