Industrial tools and parts sourcing service

Machine shops, fabricators, small factories and maintenance teams that want a single reliable contact for hard-to-find or urgent items.

A margin on each item you resell, or a commission or sourcing fee agreed with the buyer. Repeat orders from regular accounts matter most.

• Reading part numbers and specifications
• Negotiating with suppliers
• Follow-up and good record keeping

• Check whether your municipality requires a home-based business licence
• Commercial general liability and product liability insurance, since faulty parts can cause damage or injury
• Check that products meet the safety and certification standards (for example CSA marking) that your customers' province requires
• Register for GST/HST once you pass the small supplier threshold, and check provincial sales tax rules
• Payment terms: buyers may pay in 30 to 60 days while suppliers want payment sooner, so plan your cash flow
• Quebec has French-language requirements for documents and sales materials, so check them if you sell there

Startup costs are typically estimated at around $1,000 to $5,000 CAD, depending on your insurance, tools for quoting and record keeping, and whether you hold any stock. Many items can ship directly from the supplier.

Monthly revenue is typically estimated at around $1,000 to $5,000 CAD, depending on your customer base and order sizes. Buyers may pay in 30 to 60 days while suppliers want payment sooner, so plan your cash flow.

Things to check: a home-based business licence in your municipality, commercial general and product liability insurance, safety certification such as CSA marking in your customers' province, GST/HST and provincial sales tax registration, and French-language requirements if you sell in Quebec.