Own business is not only a way to earn good money, but also a chance to do what you love. But not everyone has the opportunity to invest large amounts at the initial stage. One of the profitable occupations that does not require huge investments and any specific knowledge is the resale of goods. In fact, you can resell anything.
What can be profitably resold and how to make money on it?
Many successful businessmen began with the resale of goods, on which they created their initial capital. Business for resale can be carried out in two ways:
- Speculation (bought cheaper in one place, sold more expensive in another place);
- the purchase of goods, changing and improving them and selling them for a higher price.
You can sell at retail or in bulk. Most reseller entrepreneurs distribute the goods to retailers, and they are already selling it to the final consumer.
Resale Property
Apartments located in unfinished houses cost an order of magnitude lower than housing on the real estate market. So, money can be invested in still unfinished real estate at a low price. When the developer puts the house into operation, you can already sell the apartment at a high price. True, resale of apartments is suitable only for those who have large initial capital.
The business of reselling apartments makes a big profit. But in order not to lose the initial investment, you need to cooperate with reliable and trusted developers.
Sale of updated apartments
Another option is to buy cheap apartments. The condition of such housing, as a rule, leaves much to be desired. So businessmen redo, upgrade, improve the apartment and sell it to customers for a higher price. To save on repairs and not miscalculate with employees, entrepreneurs assemble their repair team.
Car resale
Another popular type of business is the resale of vehicles. The bottom line is that an entrepreneur buys a used, but perfectly serviceable car, repairs and sells a vehicle at a new price, which is several times higher than the purchase price.
To make good money on such a thing, you need to understand cars and analyze the market for vehicles in all regions (at least in the neighboring ones). Of course, for this type of activity a decent initial capital will be required.
Resale of cars brings stable high income, but there is a lot of competition in such a market. Therefore, before selling a used car it is necessary to really repair it qualitatively, and put the price slightly lower than that of competitors.
Resale of Chinese goods
Reselling goods from China is a fairly profitable business without investment. The cost of goods directly from a Chinese manufacturer is much lower than in retail sales in Russia. A great advantage of working with Chinese wholesale online stores is the fact that sellers almost always provide good discounts to wholesale buyers. A significant margin on goods increases profits well.
You can sell purchased products through your own online store or social networks. What can be profitably resold from Chinese products? Chinese electronics, clothes and shoes, and children's toys are very popular.
Children's clothes and toys
Clothes for children and toys are in good demand.This business can bring good profits, as many parents are ready to acquire the best and new for their child.
Resale of toys and children's clothing with a mark-up is always relevant. By purchasing children's things through online stores or in wholesale warehouses at low prices, you can easily resell them through social networks, message boards or just acquaintances.
It is convenient for moms to engage in such activities on maternity leave. You can not only buy things for your own child at good prices, but also make money on sales.
Sale of men's and women's clothing
Any clothing has the ability to wear out, so things will always be in demand. What can be profitably resold by selling clothes? There are two ways to implement this type of business:
- second-hand sale (it is very popular in times of crisis and in difficult economic conditions);
- selling new clothes purchased at low prices in wholesale warehouses, factories, or over the Internet.
Do-it-yourself product sales
Today, the business selling handmade products is in demand. Activity allows you to earn money on your favorite business, usually creative.
First you need to determine the direction (niche) in handmade, to study competition, the market, to analyze prices. You can do sewing designer clothes, pillows, making photo albums, notebooks, wedding paraphernalia, jewelry, candles or soap making. There are a lot of directions, the main thing is to find your buyer.
Resale of personal care products
Personal hygiene products are included in the list of essentials. Even in times of crisis, people do not save on detergents and personal care products. What can be profitably resold:
- washing powders;
- soap;
- toothpastes and brushes;
- shampoos;
- detergents and cleaners;
- inexpensive toilet waters and deodorants.
For further implementation, you can buy goods of domestic brands. Such personal care products are cheaper, but not inferior to foreign counterparts in quality.
Auto parts
Resale of auto parts is a profitable business, since it is easier and cheaper to fix breakdowns (buy auto parts) than to buy a new vehicle. Auto parts store is a great option for profit.
You can not limit yourself to a store, but open a car repair shop, where you can also actively sell auto parts. You can also open a car wash in parallel - this is a simple business that does not require much knowledge. Investing in auto parts is profitable and always profitable. The profitability of such retail trade exceeds 90-110% (this is a rather high ratio).
Alcohol (purchase, sale)
Alcohol is always of great relevance. Demand for such goods even during a crisis is growing, despite the fact that the state is trying to introduce sales standards.
Reselling alcoholic beverages is a very profitable business, but before you start making money, you need to draw up special documents that allow you to engage in such activities, and officially register the company.
Training courses
To make money on training courses (i.e. reselling services), you need to analyze the market, competitor services, and consumer demand. You can provide training services, both at home, via the Internet (private lessons), and open your own school. A school can be created in the following areas:
- language courses (such training is very popular today);
- training courses for accountants, programmers, web designers, secretaries;
- courses of hairdressers, makeup artists, stylists, nutritionists, massage therapists; cosmetology courses, manicure and pedicure training will be in demand.
When registering a private school, the tax will be only 6% of the profits. The organization of training courses is already a more complex business, requiring initial investments.It is necessary to rent a room, buy equipment, select training personnel and consider an advertising campaign to attract a large number of customers.
Auction items
A good option for your own business without initial investment can be buying, selling goods on auction sites. The activity is quite interesting in its essence, and even brings good income. All that is needed is to buy something at the lowest price and sell it at a higher price.
You can trade at auctions around the clock. Products on the site can be sold with good wrap. As a rule, prices at such auctions are much higher than in real trading. People who want to buy something, place bets on the lot even without the presence of the seller.
In order to make good money on online auctions, you need to choose the right product for sale. Therefore, it is very important to pre-analyze the market.
Where to get start-up capital for your business?
Everyone who wants to receive additional income or to do their own business is looking for start-up capital. It is possible to make the first investment in your business by selling unnecessary household items. It can be used things: furniture, bicycles, prams, cribs, toys, electronics, an old car or even collectibles.
Today, through the World Wide Web you can sell any product. You can also take a loan, ask for money from relatives or find an investor.
What to sell during a crisis?
According to experts, during a crisis, it is necessary to resell what is not falling in demand. In order not to become bankrupt, do not rent outlets; it is better to sell via the Internet without leaving your home. In order to avoid waste, it is better to engage in custom sales.
In a period of economic difficulties, people can limit themselves to almost everything except food. But you need to remember that in such a period the demand will be only for domestic cheap products, but it is better to wait with delicacies. A good profit can be made by selling cheap vegetables, cereals, and social grades of bread.
Advantages and disadvantages of resale business
The purpose of reselling as a business is to generate revenue. The advantages of such activities are:
- No need to purchase equipment, keep accounts, hire staff.
- Simplified tax system.
- Small initial capital.
- Markup on goods that you can adjust yourself.
- Ability to sell over the Internet.
The disadvantages of such a business include:
- Price reduction due to high competition.
- The impact of the economic situation.
- The cost of acquiring the product and, possibly, sales problems.
Summary of Resales
Like any entrepreneurial activity, resale business requires investment and hard work. There are various financial risks in this area.
In order not to lose your own investments, you must constantly keep your finger on the pulse of market trade (analyze the market, competitors, determine consumer preferences). Only under such conditions can a stable and high profit be obtained.