Online bearing reseller for local workshops

Independent garages, farms, small manufacturers, machine shops, maintenance teams and repair businesses that need the right part quickly.

You buy at a trade price and sell with a mark-up. Extra income can come from cross-referencing part numbers, quick delivery, and adding seals, grease and fittings to the same order.

• Reading bearing part numbers and specifications
• Building trusted relationships with buyers
• Careful order and invoice handling

• Counterfeit bearings: buy only from authorized distributors and keep supplier paperwork
• Product liability and commercial general liability insurance, since a wrong part can cause costly damage
• Check your municipality about running a home-based business and storing stock at home
• Register for GST/HST once revenue passes the small supplier threshold, and check provincial sales tax rules
• Some distributors have minimum orders or restrict resale, so read the terms

Startup costs are estimated at typically around $1,500 to $7,000, depending on how much stock you keep at home, your online catalogue setup and your insurance. Some orders can ship direct from the distributor.

Monthly revenue is estimated at typically around $1,000 to $8,000, depending on your customer base, the sizes you stock and how many garages, farms and workshops you win. Revenue is not profit, so account for product costs.

Check your municipality's rules on home-based businesses and storing stock at home. Also check GST/HST registration once revenue passes the small supplier threshold, provincial sales tax, distributor minimum orders and resale terms, insurance, and buy only from authorized distributors.