Local hub cap supplier with stock and delivery

Garages, tire and wheel shops, collision and body shops, dealerships' used car departments and independent parts retailers.

You sell stock at a markup over wholesale price. Standing accounts, delivery runs and quick availability bring repeat orders. Some suppliers also add reclaimed or refurbished caps.

• Stock control and organising a storeroom
• Sales and account building
• Driving and route planning

• Cash tied up in slow-moving stock, so start with a narrow range
• Commercial general liability and commercial vehicle insurance, and cover for stock held in the unit
• Check municipal zoning and business licence rules for your premises
• If you import, check duties and shipping costs with the Canada Border Services Agency
• Register for GST/HST once required, and check WCB/WSIB rules in your province if you hire a driver or helper

Startup costs are typically estimated at around $8,000 to $30,000 (CAD), depending on the unit you use and how much stock you carry. Cash can be tied up in slow-moving stock, so starting with a narrow range is worth considering.

Monthly revenue is typically estimated at around $5,000 to $25,000, depending on how many garages, body shops and parts retailers you serve and how often you deliver to them.

Check municipal zoning and business licence rules for your premises, plus commercial general liability and commercial vehicle insurance, including cover for stock in the unit. If you import, check duties with the CBSA. Also check GST/HST and WCB/WSIB rules if you hire a driver.