For nearly 20 years, Merchandize Liquidators has led the liquidation industry in successfully guiding customers in making money and building their businesses. We want 100% success for our partners, so we share our insights with an easy to follow guide on how to become a reseller.
What is a Reseller?
A Reseller is normally a businessman who uses retail arbitrage to make profit. Another type of reseller is a businessman in the liquidation industry. These liquidation resellers buy pallets of merchandise and find out ways to resell them.
Become a Reseller
If you are interested in creating a new business using liquidated merchandise or would like additional ideas on additional revenue streams for yourself, your family, or your business, take a few moments to breath, and get excited!. Become a reseller today and use this step by step guide to start in the liquidation business:
Step 1: Choose a Resale Business Model
You are finally ready to start a new business and add extra income! Getting started can be tough, especially for liquidation. What type of liquidation business you want to start? Do you think you’ll be more successful opening a store? Maybe haggling at the local flea market? Or are you very good with computers and prefer selling online? Read more on how to choose a resale business model.
Step 2: Get a Reseller Certificate
Time to become official! An idea for a new business is the first step but doing the boring paperwork so you can open your business is the crucial. Next, we go over in detail what you need to do to get a reseller certificate in the state of Florida.
Step 3: Fund Your Reseller Business
Can you fund your reseller business? You can try saving up money, borrowing from family and friends, or taking out loans through the bank. We review the numerous ways to fund your new inventory, build a store, or buy technology to run your business.
Step 4: Manage eBay Store
How do you keep track of your inventory and expenses? Actually, how do you manage an eBay store, discount store, or bin store? Now that you filed official business paperwork, you’ll have to pay taxes!!! Managing your business by using helpful and easy to use software can save you a lot of headaches later down the road.
Step 5: Buy Pallets
Now that you have everything in place to start your business, you need inventory! Buy pallets from a trusted source! Of course, we will always recommend that you buy from us! But are there other options?
Step 6: Resell!
Now the good part! Resell your heart out! So start selling and once you sell it all, buy more pallets, rinse, repeat!