Planning For Success With a Liquidation Business
Due to the continued unemployment facing our nation many people are looking for other ways to make some extra money to pay the bills, which unfortunately continue to come in each month. The liquidation industry offers a unique opportunity to do just that, as there is an overabundance of merchandise to resell and a constant supply of consumers who want to squeeze every dollar. These two factors make for a healthy cash flow for entrepreneurs like you and I.
Sales are slow at the major retail outlets and stock that sits too long is being liquidated. This is our chance to purchase overstocks, shelf pulls and customer returns and become creative in our marketing to the hundreds of thousands of people who love to find a bargain.
For a small investment of $500 – $3,000 you can start your “side business” reselling merchandise on Craigslist, through eBay or even at the flea Market.
I grew up in a family of business owners and have always felt that I could make a living without receiving a paycheck. Even though I do not like the idea of having a boss, I am happy in my marriage taking orders from my wife. The orders stop with her; I do not rely on anyone else for my income.
What about you? Are you looking to start some sort of business on the side or maybe full time? Does the thought scare you in any way…are you uncertain about profit margins, taxes or a myriad of other issues? I thought it would be a great time to dig through my personal bookmarks and offer a few websites that just might give you the answers and confidence you are looking for.
The following links are in no special order, but they do have one thing in common, they offer great information for those looking at starting a small or large business. Please understand that no matter how small your venture might be planning and organizing will insure success as your business grows.
Helpful Links to Get your Business Started
Business Liability Insurance - Here are a few scenarios that will prove “protecting the bottom line” is one of the most important issues to consider.
SBA Business Intro Videos - Taking your idea to the next step
SBA Resources - The Small Business Association has numerous resources to get you started on the right foot.
How Stuff Works - Considerations for starting a business.
Small Business Start Up Guide – Page after page of free information for the new business owner. Written by Robert Sullivan
Web Marketing Today – If you are taking your business to the internet you will want to bookmark this site
Small Business Wiki – Wiki’s are the latest rage as everyone joins in to offer and edit information, check this one out!
Product Sourcing Basics – Brief information about five different suppliers you can buy from
Internet Retailer – The first FREE magazine devoted to reporting on the Internet revolution in retailing and today remains the only magazine on the market with this exclusive focus.
Trade Pub – Tons of FREE magazines, white papers and digital downloads for the business to business (B2B) market. We have partnered with this directory to offer our readers industry specific trade information at no charge….Enjoy!
FREE Business Cards- All of my business printing is purchased through Vista Print, which happens to be the internet’s largest full service B2B printing company from business cards to invoices!

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