Liquidator
How to become a liquidator
A liquidators check list
Buy Returns Now network (4
Getting Started
Future Liquidators This is the first step to b ecoming a liquidator. You will need these documents before you start buying overstock, closeout , customer returns ,surplus and salvage department store merchandise
B. R. N. network is for the education of persons interested in the liquidation business. If you sell on EBay, Flea markets
Yard sales, dollar store, or have a retail outlet the information on our network will be a great resource. If you want to build
a growing business the resources can benefit you. Winning business strategies for motivated people with good common
sense. This is not an easy business. This is not a get rich quick plan. You need to work very hard to succeed
When you start their will be little profit for the hours of work. You must have space for inventory. This is a very important
element. Without cheap space to store your merchandise you can easily lose money. 500 to 1000 square feet of weather
protected storage is necessary. You must be able to store 35 pallets of merchandise. This is needed to keep shipping costs
to a minimum. The costs of shipping 13 pallets is the same as 45 pallets.
To get you started you will need:
Business licensing varies from state to state. Usually a fee is paid to the city or county in which you will
be doing business in. To start a corporation papers must be filed with the secretary of state. You can use an online
service like legalzoom to file your paperwork for you. This saves time.
2. A state resell permit.
3. A federal Tax I. D. number or E. I. N. (employer identification number) . You can obtain the E. I. N.
at the I. R. S. website
4. Cheap storage space