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eople throw away lots of stuff everyday, from clothes to furniture to electrical
appliances. Many times, when stuff gets broken, then just prefer to buy a new
item instead of going through the trouble of repairing them. Much of this stuff
is often still in good condition and may just need minor repairs. There is a
ready market for used items that are obviously cheaper.
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Wholesale/Retail small business ideas or Second Hand Items
The skills required depend on what kind of items you intend to resell. If you're
going to re-sell used electrical appliances, then you will ideally be able to
carry out minor electrical repairs. Other kinds of items like furniture and
clothes will require you to know the market and re-sale value of these items.
You then need to decide how best to get your used items. One way would be to
provide a waste disposal service, where you help people discard their unwanted
items. Before you actually discard these items, you will filter out the re-usable
items and have them repaired or re-conditioned for re-sale. Another way would
be to actually set up a second-hand shop where people can drop by and sell you
their broken or used stuff. You then pay them a lower price for their stuff.
After you've repaired or re-conditioned them you'll add your own mark-up and
re-sell them. This is a great money maker for the DIY type person.