Industrial tools and parts sourcing agent

Small factories, engineering workshops, fabricators and maintenance teams that are short of time to chase suppliers.

You add a margin to each order, or earn commission from suppliers. Repeat orders for consumables and spares from regular customers build steadier income.

• Understanding industrial tools and parts
• Negotiating with suppliers
• Reliable follow-up and record keeping

• Register as a sole trader with HMRC or set up a limited company
• Check whether you need public liability and product liability insurance, as you are responsible for what you sell
• Check VAT rules and when you must register
• Make sure machinery and parts carry the right safety markings (such as UKCA or CE) and ask suppliers for the paperwork
• Payment terms: businesses often pay in 30 days, so check your cash flow before ordering

Estimated startup costs are typically around £500 to £3,000, depending on your set-up and how much you need to fund orders. Check your cash flow before ordering, as businesses often pay in 30 days.

Monthly revenue is typically estimated at around £500 to £4,000, depending on the number of customers and the margins on each order. The estimate assumes at least about 10 hours a week.

Check whether to register as a sole trader with HMRC or set up a limited company, VAT registration rules, and public liability and product liability insurance. Also make sure machinery and parts carry the right safety markings, such as UKCA or CE, and ask suppliers for paperwork.