Body parts supplier with a small trade counter

Bodyshops, collision repair centres, independent garages, fleet operators and some walk-in DIY customers.

You sell parts at a markup over your trade cost. Trade accounts give repeat orders, and delivery and quick availability let you compete with larger suppliers.

• Parts knowledge and catalogue systems
• Inventory management
• Sales and account management
• Basic bookkeeping

• Check municipal zoning and whether you need a business licence for your premises
• Stock is a big upfront cost, and slow-moving parts tie up cash
• Check commercial general liability and property insurance, plus cover for any delivery vehicle
• Register for GST/HST and any provincial sales tax, and check how resale exemptions work in your province
• If you add recycled or salvage parts, check your province's dismantler or recycler licensing rules
• WCB/WSIB coverage rules differ by province once you hire staff
• In Quebec, check French-language requirements for signage and documents

Estimates suggest startup costs are typically around $30,000 to $100,000, depending on your premises and how much stock you carry. Stock is a big upfront cost, and slow-moving parts can tie up cash.

Monthly revenue is typically estimated at around $25,000 to $120,000, depending on how many bodyshop accounts you win and the range you stock. That is revenue, not profit, so allow for stock, rent, delivery and wages.

Check municipal zoning and whether you need a business licence for your premises. Also check GST/HST and provincial sales tax registration, insurance, dismantler or recycler rules if you add salvage parts, and Quebec French-language requirements.