Phone accessories wholesaler with a small warehouse unit

Convenience and phone stores, computer shops, discount retailers, repair businesses, schools or offices buying in volume, and online marketplace sellers.

Margin between bulk purchase and trade prices, with better buying prices as order volumes grow. Net-30 terms for trusted buyers can win bigger accounts but slow your cash.

• Supplier negotiation and importing
• Inventory management
• Sales and account management
• Managing cash flow

• Import duties, GST/HST, freight costs and exchange rate swings on goods bought in other currencies
• Product safety and wireless certification (for example CSA or ISED marks) for chargers, batteries and Bluetooth products, check before importing
• Bilingual labelling and packaging rules, which can matter for retail products, check the federal requirements, and Quebec has its own language rules
• Commercial general liability, product liability and stock insurance, plus a lease commitment
• Unpaid invoices from trade customers, check credit before offering terms
• WCB/WSIB coverage once you hire help, rules vary by province
• Fast-changing phone models can leave you with unsold stock

Startup costs are estimated at typically around $60,000 to $250,000, depending on the unit lease, how much stock you import or buy, and your insurance. Duties, freight and exchange rates can also affect what you spend on stock.

Monthly revenue is estimated at typically around $15,000 to $70,000, depending on your range, your trade customers and how much stock you move. It is revenue, not profit. This is a full-time operation of at least about 30 hours a week.

Check import duties, GST/HST, freight costs and exchange rate swings. Chargers, batteries and Bluetooth products may need CSA or ISED marks. Also check federal bilingual labelling requirements, Quebec's language rules, insurance, and WCB/WSIB coverage once you hire help.