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You can begin a small business by selling the extras of item that you have bought to earn additional profits and obtain great deals for yourself as well. Your small business ideas can include online auctions, having a small shop on a flea market, or ask your friend and associates to purchase your extras.

2. Cover your foundations.

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  1. This will legalize you business. Wholesalers will ask you to get a copy of your resale license, so complete all the important requirements in order for you to get one. Usually, laws in most states differ. Most states do not charge applicants who are applying for a resale license while others charge a small fee.
  2. In most states, the propositions of getting a resale license is that you are required to file yearly reports and pay sales taxes for products you sold in your state. Some states may even ask you to get a business license. So make sure you are aware of the requirements you will need to get your business started. 3. Register for top trade shows.

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If you are residing in a city, it is possible that your city is hosting a number of top trade shows every year. If you are in search for different clothing available at wholesale prices, it will be an absolute advantage if you have a resale license. Usually, trade shows showcases several clothing lines that feature the newest fashions at wholesale prices. The minimum purchase required is in general very small, and you can sell some of the extras or offer it as a gift.

There are also trade shows for almost all items, from footwear to pet treats, from furniture to bags. These shows are normally the best places to purchase wholesale items.

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4. Look for liquidators.

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