The cost of running a reselling business would vary and it also depends on different kinds of factors such as the type of product that you are reselling, your chosen sales channels and also the business model. There are some common expenses that is associated with running a reselling business and this includes sourcing inventory, storage or warehousing cost, and shipping fees is also part of it.
What is the cost of running a reselling business?
- Thread starter Reedex
- Start date
If depends though. If you are reselling things you once owned, then you might not have to worrying about having a storage room and the likes. On the other hand, the amount you might need to startup this business, also depends on the scale you want to start the business.
Over here it is a little bit popular, the funny thing is that there are so many persons who are into this business, but the way they package it, you won't even be aware they are reselling an item unless you are told.
That depends on what you sell. If you sell premium products, you need a lot of capital investment, especially if you need to stock up some items. However, if you are just selling generic, cheap products, the investment should be minimal.
Reselling can be started with small quantities and expanded overtime. What you are reselling plays a major role in how much you would need to start.
